More steps needed to address SME issues

PETALING JAYA: The Small and Medium Enterprises Association of Malaysia (Samenta) has requested the government to take more steps to address urgent issues affecting the small and medium enterprises (SMEs) in the revised Budget 2023.

Samenta chairman Datuk William Ng said that while cost pressures and labour shortage remained the most urgent issues impacting the recovery of SMEs, longer-term challenges such as low productivity, digital displacement, regional competition, and environmental, social and governance (ESG) compliance should also be addressed the soonest possible.