Enabling SMEs to be a catalyst to advance Malaysia forward

SMEs are the backbone of the Malaysian economy, accounting for about 97% of total businesses in Malaysia.

MALAYSIA has long been known as the gateway to Asean due to our prime geographical location in the heart of South-East Asia, multilingual talent pool and favourable business environment. However, in recent years, the country has fallen behind our neighbours as the preferred location for foreign direct investments (FDIs).

With declining FDIs, it is now more critical than ever for Malaysia to focus on accelerating the growth of homegrown small and medium enterprises (SMEs) through automation and digitalisation to minimise foreign dependency.