KUALA LUMPUR, Nov 5 — The government welcomes the business community’s proposal for more structured support for growth-stage small and medium enterprises (SMEs), said Deputy Prime Minister Datuk Seri Fadillah Yusof.

He said the proposal merited further consideration and constructive engagement with the relevant ministries, agencies and industry stakeholders.

“It is in this spirit that I welcome the suggestion to explore a more structured approach towards supporting growth-stage SMEs.

“Naturally, any proposed approach must be carefully assessed on its merits, taking into account existing initiatives and the practical needs of our businesses,” he said in his speech at the opening of the World Marketing Summit Malaysia 2026 here today.