Oil shock to hit businesses with higher costs and weaker cash flow, says group

PETALING JAYA: Malaysian businesses are bracing for higher costs, tighter cash flow and a weaker outlook over the next six months as global oil shocks ripple through the economy, according to the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM). Its president Datuk Ng Yih Pyng said the ongoing conflict in the Middle East...

MCA highlights concerns over tax refund delays affecting businesses

MCA is deeply concerned about the challenges confronting businesses due to delays in tax refunds. The combination of global economic uncertainty, adjustments in tariff policies, and rising operational costs has placed corporate cash flow under unprecedented strain. We share the sentiment expressed by Datuk Ng Yih Pyng, President of the Associated Chinese Chambers of Commerce and Industry...