AGP Executive Report
Last update: 9 hours agoMalaysia’s Budget: The proposed minimum wage rise from RM1,700 to RM2,000 and higher starting salaries could lift worker spending and productivity, though employers will face higher payroll costs. Youth Enterprise: A UNDP-backed programme in South Sudan has provided interest-free loans to 1,247 youth- and women-led micro and small businesses; one borrower used hers to revive a vegetable business and hire two workers. Export Readiness: A workshop in Togo is helping small firms understand AfCFTA trade rules, including rules of origin, so they can compete for customers across the continent. Business Succession: In South Korea, inheritance taxes and buyout costs are deterring SME handovers: 28.6% of firms led by CEOs aged 60 or older reportedly lack a successor. Red-Tape Reform: Bihar’s new Ease of Doing Business Act allows enterprises to begin operating through self-declaration and promises time-bound approvals—a test of whether simpler rules can attract investment.
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