THIS year marks a milestone in the empowerment of small and medium enterprises (SMEs) through various programmes spearheaded by the government, as well as financing facilities extended by trade and financial institutions to spur their growth.
Among the highlights of the year was the National Entrepreneurship Policy (NEP), launched by Prime Minister Tun Dr Mahathir Mohamad in July, which targets to empower the bottom 40% of the household income (B40) group by inculcating a culture of entrepreneurship, in line with the aspiration to create one million jobs.