Providing a conducive ecosystem

TheStar Mon, Feb 18, 2019 07:51am - 5 years View Original


Creating awareness: There needs to be greater awareness for SMEs to adopt technology. - AFP

Creating awareness: There needs to be greater awareness for SMEs to adopt technology. - AFP

Policy needs to look into areas that will support the developmentof a strong network for SMEs

THE government has set some goals for the SME sector. The numbers are familiar: 41% contribution to gross domestic product (GDP), 23% to total exports and 65% of overall employment by 2020.

   

But with new trends and technology developments taking place, the government may need to look into amending policy or strategies to ensure that the policy environment remains conducive to helping SMEs meet the targets.

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