Budget 2025: MSMEs hope for no new or increased taxes

KUALA LUMPUR: The Malaysian Small and Medium Enterprises Association (Samenta) hopes that the government will avoid introducing new taxes or imposing additional levies that could diminish the competitiveness of the Micro, Small, and Medium Enterprise (MSME) sector.

Samenta president Datuk William Ng urged the government to focus on aiding the sector in enhancing operations and managing costs by leveraging opportunities such as artificial intelligence and the evolving global economic landscape.