SMALL AND medium enterprises (SMEs) are the backbone of the Malaysian economy, accounting for more than 90% of all businesses in the manufacturing, services and the agricultural sector, and provide for 65% of total employment, according to government statistics.
However, SMEs face many obstacles in staying competitive, including rising material and labour costs and limited access to financing.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
