To succeed in the current globalising environment the Malaysian SME will need to strive towards achieving greater competitiveness at a global level. There has to be a shift from knowledge based industries to more innovation centeredness. By leveraging on the core values of creativity, innovation and high skills, our SMEs will make great strides towards creating and building a unique and strong Brand Malaysia.
To survive in today’s increasingly competitiveness and challenging global economic environment, our SMEs need strong capabilities and competitive edge. They need to adapt to current trends and adopt the strategy of utilizing the latest technology, skills and know-how to develop differentiated products fast and good. Equally important as high productivity and cost effi ciency is the need to explo...
A key task of the government is to assist our SMEs on their quest to go global.This is done through bilateral, regional and multilateral engagement. MITI and its agencies are also engaged in endeavours to widen access of Malaysian companies into non-traditional markets and to promote trade diversifi cation and investments in new growth areas.
The Prime Minister of Malaysia, YAB Dato’ Sri Mohd Najib Tun Razak, has been emphasising innovation as a main agenda in facing the current challenges and to seize open opportunities in the knowledge economy. The economic meltdown has created alarming conditions for R&D and innovation-led businesses where risk capital is scarce, which has placed R&D investments at lower priority. However, due to ...
The contribution of SMEs to the Malaysian economy is undeniable. SMEs account for approximately 5.6 million or 56% of the total workforce in the country. The continued growth and development of the sector is hence essential for the well being of the nation’s economy. 
Ray Kroc
