KUALA LUMPUR: Small and medium enterprises (SMEs) in Malaysia are on track to contribute 41% to the country's gross domestic product by 2020 compared to 32% in 2012, said Minister of International Trade and Industry (MITI) Datuk Seri Mustapa Mohamed.
"Local SMEs are now suppliers for multi-national companies (MNCs) in the global chain. With the exposure and skills obtained, many entrepreneurs have raised their companies' ability to penetrate the export market," he said after opening the inaugural Forum Keusahawanan Malaysia (Fokem) 2014.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
