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Budget 2027: A Boost for SMEs?
Budget 2027: A Boost for SMEs?
Budget 2027 has been dubbed an SME-friendly budget, with RM57 billion in financing and guarantees, lower corporate tax rates and exemptions from the upcoming minimum wage increase. But with smaller businesses facing rising operating costs and tight profit margins, will these measures provide meaningful relief? We hear from Datuk William Ng, National President of SAMENTA, about access to financing, wage pressures, AI adoption and what the government must prioritise to help Malaysian SMEs become more competitive.
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