STOCKHOLM (Reuters) - Eutelsat, the world's third-biggest satellite operator by revenue, launched 20 satellites for its communications network on Sunday, using Elon Musk's SpaceX in its first move since the merger of two European companies last year.
KOTA KINABALU: Sabah businesses feel that the raising of the minimum wage from RM1,500 to RM1,700 from Feb 1 next year under Budget 2025 was a hasty move.
He welcomed the RM600mil each special grant for Sabah and Sarawak, RM9.7bil for 17 packages of the Pan Borneo Highway Sabah Phase 1B, and RM7.4bil for the Sabah-Sarawak Link Road. "The government is also providing RM50mil in matching grants for local entrepreneurs to digitalise and RM3.2bil for micro loans to small traders," he added.
"The government has taken steps to improve the business environment, provide more loans and policy incentives, and ensure that enterprises experience stable development in an uncertain global economic environment," he added.Lui also welcomed the increased allocation for Rahmah Cash Aid and Rahmah Basic Aid initiatives from RM10bil to RM13bil.
Sabah United Chinese Chambers Of Commerce Minimum Wage Increase Budget 2025 Hasty Michael Lui Progressive Wage Policy Madani Economic Framework Balanced Smes Development Rahmah Cash Aid
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rundingan kerjasama politik sebaik DUN Sabah bubar- PH SabahRundingan kerjasama bagi menghadapi Pilihan Raya Negeri (PRN) Sabah akan bermula sebaik Dewan Undangan Negeri (DUN) dibubarkan.
Read more »
Majority of under 30s fall short of minimum EPF savings(Reuters) -Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai said on Thursday.
Read more »
Minimum wage hike a balancing actFake titles are growing more common in the country, with even a fake king being installed recently. This needs to be nipped in the bud.
Read more »
SMEs worry minimum wage hike to RM1,700 could strain businesses despite potential benefitsKUALA LUMPUR, Oct 19 — The announcement of a minimum wage increase to RM1,700 starting next February by Prime Minister Datuk Seri Anwar Ibrahim has raised concerns among small...
Read more »
Budget 2025: RM1.5k Minimum Wage to be Increased to RM1.7k, Effective February 2025The minimum wage of RM1,500 will soon be history.
Read more »
2025 Budget: PLKN Is Back Yo, Minimum Wage To Be RM1,700Budget 2025 is kinda interesting (we think lah).
Read more »