KUALA LUMPUR, Oct 22 (Bernama) -- The Ministry of Entrepreneur and Cooperatives Development (KUSKOP) has unveiled the SCALE Action Plan for 2027, outlining five strategic priorities to address long-standing structural challenges faced by micro, small and medium enterprises (MSMEs).
General : Scale Action Plan 2027 To Tackle MSME Structural Challenges - Steven Sim
KUSKOP, SCALE Action Plan, MSMEs, strategic priori
BE Bernama 
Key takeaways
Malaysia's KUSKOP ministry launched the SCALE Action Plan 2027 to address structural MSME challenges through five strategic priorities. The plan complements existing strategies by focusing on long-term reforms to enhance business competitiveness and growth.
- The SCALE acronym covers SME Redefinition, Cash Flow Protection, AI adoption, Local Content, and Easing Financing.
- KUSKOP will review the 2013 SME definition to align with current business landscapes and international standards.
- Measures will protect MSMEs from delayed payments and promote AI adoption to boost productivity without extending work hours.
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