SMEs and electronics sector expected to do better


Employees of an electrical shop in George Town watching the live television broadcast of Budget 2020 being tabled by Finance Minister Lim Guan Eng in Parliament. — Photo: ZHAFARAN NASIB/The Star

THE Small and Medium Enterprises Association (Samenta) Malaysia has expressed happiness with the goodies announced in Budget 2020.

Its secretary S.H. Yeoh said the allocation of up to RM1bil to encourage more global unicorns or Fortune 500 companies to invest in Malaysia would create economic spill-over effects for SMEs supplying goods and services to them.

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