Bringing SMEs to the next level

KUALA LUMPUR: Beyond the government’s commitment of ensuring the survival of small and medium enterprises (SMEs) post-Covid-19, it is already planning on how to drive them to a higher level to contribute more to the Malaysian economy.

The contribution by SMEs to the gross domestic product (GDP) is about 38% and the government hopes to achieve 50% in 10 years, under the National Entrepreneurship Policy 2030.