SME policy should shift from survival to growth
Translated from Malay and summarized by DistantNews. Read the original for the full story.
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- Malaysia should shift its micro, small and medium enterprise policy from business survival to growth, productivity and competitiveness.
- SG4 Group chairman Haim Hilman Abdullah said the country has no shortage of such businesses, but needs to help more of them expand globally.
Malaysia needs to stop treating the survival of micro, small and medium enterprises as the main policy goal, SG4 Group chairman Dr Haim Hilman Abdullah said.
He called for a more aggressive approach focused on growth, productivity and the ability of local companies to compete globally.
Malaysia does not lack small businesses, Haim Hilman said. The real challenge is ensuring that more of them can move beyond survival and achieve stronger growth.
Malaysia does not lack MSMEs.
About this summary
Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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