KUALA LUMPUR, Oct 10 — The Small and Medium Enterprises (SME) Association of Malaysia has welcomed the government’s Budget 2027 initiatives aimed at bolstering domestic consumption and promoting investment but cautioned that the cumulative cost of doing business remains the sector's most significant hurdle.
The association's president Chin Chee Seong said that while the Budget introduces various measures to support businesses, the government must ensure these initiatives deliver measurable improvements to SME cash flow, productivity and competitiveness.
“SMEs are not asking simply for more money. We are asking for policies that deliver real and measurable results,” Chin told Malay Mail following the Budget announcement yesterday.
