THE 3,000-odd local small and medium enterprises (SMEs) which provide networking support for multinatio-nal corporations in Penang have not reached the sophistication required to become global pla-yers.
Penang Skills Development Corporation (PSDC) chief executive officer Datuk Boonler Somchit said this was because they lacked funds for business expansion and have poor information flow on incentives and financial assistance provided by the government and other agencies.
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