BFM 89.9

HIGHLIGHTS 
Podcast  >  Enterprise  >  Enterprise Explores  >  Tariffs, Taxes & Rising Costs: SMEs Now In Survival Mode

Tariffs, Taxes & Rising Costs: SMEs Now In Survival Mode

Datuk William Ng, National President, SAMENTA

16-Jul-25 12:00

Tariffs, Taxes & Rising Costs: SMEs Now In Survival Mode

Starting August 1st, a new 25% US tariff on Malaysian goods threatens to hit exporters and their supply chains hard. But this is just the latest in a string of compounding cost pressures, from rising electricity tariffs to SST hikes, that are pushing many Small and Medium Enterprises (SMEs) into survival mode.

Datuk William Ng, National President of Small and Medium Enterprises Association Malaysia (SAMENTA), joins us to break down the real-world impact of these challenges. He explains why SMEs are disproportionately affected and largely unprepared, and argues that a strategic shift is needed for them to evolve from price competitors into value creators.

We discuss:

  • The true impact of the 25% US tariff on the entire SME supply chain.

  • How compounding domestic costs are pushing businesses into "survival mode."

  • Why SMEs must evolve from middlemen to brand and IP owners.

  • The call for more targeted government support and systemic reforms.

  • The opportunities and challenges for SMEs expanding within ASEAN.

    For SME owners, business leaders, and policymakers, this is an essential dive into the urgent challenges facing Malaysia's economic backbone.

Produced by: Roshan Kanesan, Kishan Sivaswamy

Presented by: Roshan Kanesan


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  SMEinternationalpoliticseconomyCorporates

Tags:  business costssme malaysiaus tariffseconomic policysupply chain





Play / Pause

Listen now : A Bit of Culture: (REPEAT) Kam Raslan and his two guests, Michael...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Lawyer David Lim of TSF Law joins us to unpack the 5 key reasons why M&A deals get messy.

12:00 PM

Just For Kicks

(REPEAT)

1:00 PM

A Bit of Culture

(REPEAT) Kam Raslan and his two guests, Michael Gong and Ahmad Yazid to talk about the appeal of action sports, the joy of missing out and what was it like growing up back then.

2:00 PM

Ringgit & Sense

(REPEAT) Chua Kim Soon, CEO of the General Insurance Association of Malaysia discusses insurance for homes against disaster.

2:30 PM

The Property Show

(REPEAT) Recap of Best of The Property Show 2025, Scam edition, examines how property scams happen and how to avoid them.

3:00 PM

Best of The Bigger Picture

(REPEAT) In this Best of 2025 replay, we revisit a conversation with Professor Edmund Terence Gomez on corruption and Malaysia’s political–GLC complex.

4:00 PM

Best of Evening Edition

(REPEAT) We explore ASEAN’s strategic tightrope, from economic dependencies to security dilemmas, and whether a non-aligned stance can truly hold in an increasingly polarized region.

5:00 PM

BBC World Service

Dr Gareth Collett, a retired British Army Brigadier General and engineer, specialising in bomb disposal speaks to Professor Jim Al-Khalili on another episode of The Life Scientific