Rising costs threaten SMEs


PUTRAJAYA: The rising cost of operations, such as for petrol and the electricity tariff hike as well as the implementation of minimum wages for foreign workers, is threatening the survival of small- and medium-sized companies.

SME Association of Malaysia president Teh Kee Sin said their net profit margin ranged from 3% to 8% as most were involved in supporting industries with lower added-value activities.

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Business , wee ka siong , sme

   

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