Photo: Reuters
If 2015 was tough, business conditions this year may be even more challenging with the expected hike in minimum wages, electricity tariff and a further weakening of the ringgit. SMEs need to build up competencies and look at expanding their markets abroad.
The year 2015 was a tumultuous one for Malaysian SMEs, beset by several internal and external headwinds. The volatility will persist, and 2016 is going to be a very challenging year.
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