THE focus on SMEs in recent years is bearing fruit as the sector’s contribution to the nation’s gross domestic product (GDP) grew by 38.3% to RM521.7mil in 2018 from RM491.2mil a year before.
SME Corporation Malaysia said the growth in the sector’s contribution to the GDP outperformed the overall GDP growth of 4.7% in 2018, with the services and manufacturing sectors continuing to be the biggest contributors with a combined share of 82.4%.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
