The plunge of the ringgit vis--vis the US dollar has hit the bottomline of many companies and also resulted in cash-flow and financing problems. — 123rf.com
With the economy looking bleak, what with the combined impact of the GST and a plunging ringgit, and racism raising its ugly head, SMEs are hoping the Government will address the problems and help ease their burden in the upcoming budget, writes HO WAH FOON.
SMALL and medium enterprises (SMEs) may be given bigger corporate tax cuts and new incentives in the coming Budget 2016 to spur economic activities and help them overcome current challenges.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
