COVID–19 NEWS   COVID-19: Over 1.1 million kids in Malaysia fully vaccinated | MOH does not plan to extend PICKids | COVID : 30.4 pct of children in Malaysia fully vaccinated | N Korea reports one additional death amid COVID-19 outbreak | S Korea to resume issuing short-term travel visas, e-visas next month | 
BUSINESS

SME Corp to fortify MSME businesses to gain access to global market

07/12/2021 03:28 PM

KUALA LUMPUR, Dec 7  - SME Corporation Malaysia (SME Corp) is committed to increasing the number of micro, small and medium enterprises (MSMEs) penetrating the international market next year to 145 companies compared with 125 this year.

Chief executive officer Rizal Nainy said despite facing the challenges of the COVID-19 pandemic, there were still local MSMEs that succeeded in exploring the international market and going abroad.

"Companies that will be taken abroad are those involved in strategic industries," he told a press conference after the opening ceremony of the Small and Medium Industries Development Expo (SMIDEX 2021) themed "MSME: Revitalise!” here today.

Meanwhile, Entrepreneur Development and Cooperative Minister Tan Sri Noh Omar said the intake of foreign workers to overcome the shortage of workers in MSME companies would depend on the success of standard operating procedures (SOPs) for foreign workers in the plantation sector.

The government has recently decided to grant special approval to bring in 32,000 foreign workers to ease the labour shortage in the plantation sector subject to strict compliance of SOPs imposed by the Ministry of Health.

On next year's plans, Noh said RM74 million was allocated for SME Corp to implement six programmes to help MSMEs start businesses and gain access to the international market.

"We will use internal funds to implement existing packages to help MSMEs make foray abroad," ​​he added.

-- BERNAMA

 

 


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy