Save Our SMEs

After almost a year of coping with the COVID-19 pandemic in Malaysia, many concerns have been raised on the sustainability of the business sector such relies heavily on small and medium enterprises (SMEs).

According to SME Corp Malaysia, a whopping 98.5% of business establishment in Malaysia are SMEs, contributing approximately 38.9% to Malaysia’s GDP in 2019.

Source: The Malaysian Accountant

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By Mah Wen Jian
Mah Wen Jian is a assistant managing consultant of Tricor Taxand Sdn Bhd, an entity within the Tricor Group. The Tricor Group operates in 21 countries / territories and across a network of 47 offices.