AT a recent roundtable discussion hosted by the Malaysian Investment Development Authority (Mida) on the issue of declining domestic direct investment (DDI), it was highlighted that there is a need to boost local small and medium enterprises (SMEs).
This is premised on the fact that the bulk of local businesses are SMEs.
The panel discussion was moderated by AmBank Research’s economist Anthony Dass, while the panelists were made up of Sikh Shamsul Ibrahim Abdul Majid from Mida, Imran Yassin Yusof from MIDF Research, Lim Wei Yee from Vitrox Corp Bhd
and Siti Padillah Abdul Wahab from an SME called CG Global Profastex Manufacturing Sdn Bhd.
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