News Articles

Press Conference by Coalition of Business Association in Malaysia.

The business communities have urged the government to consider implementing a Malaysian version of Covid-19 Act temporarily until the end of the year.

A coalition of 12 business associations today urged the government to implement temporary legislation to protect business owners from legal suits after the movement control order (MCO) is lifted.

A coalition of various business associations and trade bodies urged the government to urgently enact a law that would protect companies including small and medium enterprises against their inability to honour legal contracts because of the movement control order.

All economic sectors that have been allowed to operate during the movement control order (MCO) period can ramp up their operations to full capacity starting tomorrow, said International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali.

As of now, companies are still finding it difficult to get the Special Relief Fund (SRF), which was increased to RM5bil under the special stimulus package for SMEs.

McMillan Woods Global总裁兼企业家税务会计师拿督斯里廖利良指出，销售及服务税（SST）取代消费税（GST）制度至今已有近两年时间，但许多企业雇主仍被拖欠“消费税（GST）退款”，并指这些退款必须要尽快退还给中小企业雇主，以帮助他们解决目前严峻的现金流量状况。

The Employees Provident Fund (EPF) has extended the date for employers to remit their mandatory contribution for the salary month of March 2020 (April contributions), from this Wednesday (April 15) to April 24, 2020, in light of Malaysia’s ongoing Movement Control Order (MCO).

The government doesn’t seem to understand how businesses operate, especially in a pandemic environment, industry players said yesterday.

Discussion on the performance of the Capital Market and what’s the impact on Ringgit Malaysia.
Malaysian economy – Heads above water or Busted?
How is the market faring with up-to-date information?
What’s the current situation with the front-liners especially the medical fields and what the public needs to do to help with the purging of the coronavirus.