Budget 2025:MSMES Hope No New, Increase In Taxes
KUALA LUMPUR, The Malaysian Small and Medium Enterprises Association (SAMENTA) hopes that the government will refrain from introducing new taxes or imposing additional levies that could further reduce the competitiveness of the Micro, Small, and Medium Enterprise(MSME) sector. SAMENTA president Datuk William Ng instead urged the government to focus on helping the sector enhance its operations and manage costs by leveraging opportunities such as artificial intelligence and the evolving global economic landscape. “We remain committed to supporting the MADANI Economy and Prime Minister Datuk Seri Anwar Ibrahim and hope that the concerns of the MSMEs will be addressed in Budget