ACCCIM calls for Budget 2027 measures to ease business costs and support SMEs | TheStarTV.com

ACCCIM calls for Budget 2027 measures to ease business costs and support SMEs

Published on 9 Aug 2026 5:13:22 PM

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has called for Budget 2027 to focus on easing operational costs, refining tax frameworks, and boosting SME competitiveness amid rising market challenges.

Speaking at ACCCIM’s 80th AGM on Sunday (Aug 9), president Datuk Ng Yih Pyng highlighted that local businesses are grappling with higher employment costs, an expanded Sales and Service Tax (SST), electricity tariff changes, and stiff competition from foreign firms.

Read more at https://tinyurl.com/4f3ffcyx

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Keywords
news, thestartv, the star, acccim, ng yih pyng, competition, business, market challenge, proposal

The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) has called for Budget 2027 to focus on easing operational costs, refining tax frameworks, and boosting SME competitiveness amid rising market challenges.

Speaking at ACCCIM’s 80th AGM on Sunday (Aug 9), president Datuk Ng Yih Pyng highlighted that local businesses are grappling with higher employment costs, an expanded Sales and Service Tax (SST), electricity tariff changes, and stiff competition from foreign firms.

Read more at https://tinyurl.com/4f3ffcyx

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, thestartv, the star, acccim, ng yih pyng, competition, business, market challenge, proposal

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