PETALING JAYA, May 28 — Entrepreneur and Cooperatives Development Minister Steven Sim Chee Keong said Malaysia’s multicultural society.
And cultural understanding have become major strengths in attracting global investors and expanding international business ties.
Speaking at the SME Association of Malaysia’s 30th Anniversary Gala Dinner, Sim said Malaysia’s diversity gives the country a competitive advantage.
Because Malaysians are culturally adaptable and able to engage comfortably with international partners.
He added that Malaysia’s political stability, strategic location and strong diplomatic ties with major economic regions further strengthened investor confidence.
Sim also said the government had approved RM4 billion in financing for about 150,000 companies within the first four months of the year.
While the “PowerUp 10K” initiative aims to channel at least RM15 billion into the SME sector this year.
