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The new definition of Malaysian Small Medium Enterprises requires businesses... - Najib Razak

The new definition of Malaysian Small Medium Enterprises requires businesses…

By Wednesday June 4th, 2014 No Comments

The new definition of Malaysian Small Medium Enterprises requires businesses to be either manufacturing businesses with sales turnover not exceeding RM50 million or full-time employees not exceeding 200 workers. On the other hand, businesses in the service industry and other sectors, sales turnover not exceeding RM20 million or full-time employees not exceeding 75 workers can deemed as Small Medium Enterprises. The Small Medium Enterprises in Malaysia are the backbone of the Malaysian economy as they constitute up to 98.5% of total registered businesses in Malaysia!



Original post: https://www.facebook.com/157851205951/posts/10152083674260952/

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