SINGAPORE, Oct. 21, 2022 /PRNewswire/ The Penang Economic Summit (PES) 2022 was convened with over 300 C-suite-level executives and business leaders from 19 countries. Themed "The Post-Pandemic Reset", the summit provided a regional platform for leading thought leaders and entrepreneurs to explore the driving forces of the global and regional economy while uncovering new avenues of growth for Penang and Asia. Spearheading The Post-Pandemic Reset with The Penang Economic Summit 2022 Organized by Enterprise Asia and Penang Institute, the Penang Economic Summit 2022 is a spin-off of the annual Asia Economic Forum which serves as an open platform for thought leaders and C-level executives to unite and shape regional initiatives to improve the well-being of communities. The Asia Economic Forum was first organized in Macau, China in 2012 and has since been brought to Singapore, Shanghai, Bangkok, and this year to Malaysia as the Penang Economic Summit 2022. 2022 has proven to be
PETALING JAYA: The tax cut for small and medium enterprises (SME) would help ease the cost of doing business, says an apex business chamber. The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) president Tan Sri Low Kian Chuan said that SMEs would enjoy a lower preferential tax rate of 15%, which is a 2% cut from 17% currently for the first chargeable income of RM100,000.
GEORGE TOWN: The supply chain business, which has been badly affected by the Covid-19 pandemic in the last two years, is expected to bounce back in 2022.