RON95 rationalisation expected to have bigger impact on SMEs - SAMENTA

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PETALING JAYA: The Small and Medium Enterprises Association of Malaysia (SAMENTA) expects that the rationalisation of RON95 will have a greater impact on small and medium enterprises (SMEs) compared to the rationalisation of diesel subsidies.

Currently, SMEs account for 97.4 per cent of total business establishments in the country.

He also said that SMEs will also need financial assistance for environmental, social, and corporate governance compliance in Budget 2025.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaThailand

Topics: SME Budget 2025 William Ng SMEs /Business/Business News Samenta RON95

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 15:55:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 420 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21648634

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 44 posts per day

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News Last Updated: 4 hours ago

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