SMEs or Small and Medium Enterprises has now been slightly redefined and reclassified, the Malaysia Budget 2009 revealed.
Effective from 2009 tax assessment year, companies which has a paid-up capital of not more than RM2.5 million but owned or controlled by another company with more than RM2.5 million capital will no longer qualify as an SME.
This [...]

The Malaysia government is urging small and medium enterprises (SMEs) to take full advantage of the many business loan facilities to grow their business.
More and more loans and financial assistance have been rolled out for the past few years to accommodate the growing sector of the SME industry. At present, close to 90% of the [...]

While most people know that SME stands for Small Medium and Enterprise, there was no clear cut definition of SME or how a company, entrepreneur or a business organization can be classified into SME category. This posed confusion especially when an entrepreneur is looking to get assistance from the SME related bodies and financial institutions.
Different [...]