KUALA LUMPUR: The Pakatan Harapan government is holding to its 14th General Election’s (GE14) pledges since its historic win nearly a year ago by allocating significant resources to support the growth of small and medium enterprises (SMEs) and encouraging their technological adoption.
While the SME gross domestic product (GDP) growth is estimated to be sustained at 5.8% in 2018 and 2019, the government has urged SMEs to embrace research and development, technology and explore new growth areas in the digital economy in the Fourth Industrial Revolution (IR4.0) for more sustainable growth.