SMEs which represent around 99.2% of total business establishments in Malaysia and provide employment for about 56% of the total workforce are an important source of growth for the nation. They will play a major role in Malaysia’s new economic model which envisions transforming Malaysia from a middle-income economy to a high-income economy.2010 continues to be a challenging year for Malaysian SMEs as economies around the world strive to recover from the global economic and financial crisis. While the government put in place measures to assist local businesses and cushion the impact, continued success and the viability of existing businesses are dependent on the proactive measures taken by SMEs.
The SMI Association of Malaysia was established on 13th July 1995 with the objective of promoting the interests of small and medium scale industries in Malaysia. Since its inception, the SMI Association of Malaysia has been active in organising relevant conferences, seminars and other projects to disseminate information to its members and SMI operators in the country. Some o...
As the standard-bearer of the Small and Medium Enterprises (SMEs), the SMI Association of Malaysia (SMIA) not only promotes the development of SMEs in the country through its various projects and roadshows. It also encourages excellence by providing official recognition for the achievements of the SMEs through its annual SME Recognition Award Series. This prestigious and coveted award is bestowed ...
SMEs are a major contributor to Malaysia’s economy. In 2005, the sector generated 32% of the country’s GDP and 19% of exports. Realizing the important role of SMEs, the Government has formulated many policies and development plans to assist the SMEs in all areas of operations.
