KUALA LUMPUR, Oct 19 — Micro, small and medium enterprises (MSME) are encouraged to embrace digitalisation in closing the gap to upgrade their business processes and improve...
SME Corporation Malaysia CEO Rizal Nainy presents his views during a panel discussion at a forum Unlocking Opportunities: Exploring Funding Option & Grants for SME Growth. The forum is held in conjunction with the SME Digitalisation Summit: Driving Million Dollar Growth in the Digital Era at the Kuala Lumpur Convention Centre October 19, 2023.
“However, when it comes to back-end digitalisation, which is the system itself, it is still at 50 per cent, which means there is a gap for MSMEs to upgrade their business processes in terms of digitalisation.“To achieve higher productivity, MSMEs must learn to embrace digitalisation so that they are able to do better,” he said as a panellist in the ‘Unlocking Opportunities: Exploring Funding Options & Grants for SME Growth’ panel session.
Fellow panellists of the session included Affin Bank Berhad head of direct channel Angus Tan Su Siang, Mystartr CEO William Lien and Funding Societies country head Chai Kien Poon, moderated by Small and Medium Enterprises Association national president Datuk William Ng.It saw discussions of applicable grants or bank loans for MSMEs wishing to seek financial assistance as well as equity crowdfunding , among others.
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