PETALING JAYA: The Small and Medium Enterprises Association Malaysia (Samenta) has called on the government to widen its support measures for small businesses, warning that non-exporting small and medium enterprises (SMEs) face rising costs and dwindling domestic demand in the wake of global trade disruptions.
While commending the government’s swift response to the United States’ reciprocal tariffs, including an RM1bil increase in business financing guarantee scheme (SJPP) and RM500mil in soft loans for exporters, Samenta president Datuk William Ng said much of Malaysia’s SME base remains vulnerable.
