Malaysian SMEs remain positive on 2015 despite gloomy outlook

KUALA LUMPUR: Malaysian small and medium enterprises (SMEs) remain positive on the industry’s outlook next year despite external and internal challenges, aided by the Government’s continuous support, says the SME Association of Malaysia.

Its national president Teh Kee Sin said the Government, under its Budget 2015 announcement, would allocate RM14.3bil for 18 programmes proposed for SME development, encompassing the services sector, bumiputra entrepreneurs, youths, graduates, micro-enterprises, petty traders, women, smallholders, cooperatives and trade associations.