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Taxation and capital access policies for MSMEs to be tabled at cabinet

Taxation, bureaucracy reduction and capital access policies for MSMEs will be presented to Malaysia’s cabinet for cross-ministry consideration.

PUTRAJAYA: Proposed policies to assist micro, small and medium enterprises will be tabled at the cabinet meeting this Monday.

Entrepreneur Development and Cooperatives Minister Steven Sim Chee Keong said the proposals cover taxation aspects, bureaucracy reduction and improvements to capital access.

The suggestions were submitted to Prime Minister Datuk Seri Anwar Ibrahim during a meeting today.

Sim stated the proposals require cross-ministry cooperation for implementation.

“Thank you PMX for the trust. We will enhance Malaysia’s businesses!” he posted on his official Facebook page. 

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