Driving SMEs for long-term impact

Entrepreneur Development and Cooperatives Minister Steven Sim outlined plans to boost Malaysian SMEs’ productivity and resilience amid global economic and energy volatility.

Speaking at the Star Outstanding Business Awards 2025 Gala Night, he highlighted the government’s reforms, including anti-corruption recoveries, targeted fuel subsidies, and low-cost financing. Sim introduced the “A-B-C-D” strategy: Accelerate productivity, reduce Bureaucracy, make Capital accessible, and drive market Development.

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