Go for private investments rather than govt loans, SMEs urged

All together now: Dr Wee (fourth from left) along with (from left) Kojadi chairman Datuk Ng Peng Hay, Malaysia Entrepreneurs’ Development Association president Datuk Dr Tony Looi, Federation of Malaysia Chinese Guilds Association president Datuk Chai Kim Sen, SAME chief executive officer Neil Foo, SME Association of Malaysia president Michael Kang and other guests using their cellphones to scan SAME’s QR Code at the launch.

KUALA LUMPUR: Small and medium enterprise (SME) operators should go for private investments instead of relying on government loans, says Datuk Seri Dr Wee Ka Siong.

The Minister in the Prime Minister’s Department said more private investors were showing interest in spearheading and spurring the growth of promising companies, and that the SMEs could draw them in with an innovative business plan.