Positive impact for SMEs with special incentive package
by Alan Dexter, alandexter@theborneopost.com. Posted on June 28, 2012, Thursday
SPECIAL INCENTIVE: Awang Tengah arriving at Dewan Suarah, Kota Samarahan. He calls on young entrepreneurs especially to be more creative and innovative, and use technology to be more successful and competitive.
KUCHING: Bank Perusahaan Kecil dan Sederhana Malaysia Bhd (SME Bank) will provide a special incentive package to small and medium enterprises (SMEs) in Sarawak.
The special incentive is for companies approved by the state Industrial Coordination Committee (ICC) or with supporting documents from the Sarawak Ministry of Industrial Development.
The incentives came on the back of a Memorandum of Understanding (MOU) between the Ministry of Industrial Development Sarawak and SME Bank which was signed yesterday in Dewan Suarah, Kota Samarahan. It was organised by the Ministry of Industrial Development Sarawak.
In conjunction with the MOU signing, the Ministry of Industrial Development Sarawak also organised a programme called ‘Program Meneroka Peluang Dalam Sektor Perdangangan dan Perindustrian’ all over Sarawak, as well as the officiating of SME Week 2012.
Dato Hafsah Hashim, the chief executive officer of SME Corp Malaysia (SME Corp) in her speech said that the SME represented 99.2 per cent of all business entities in Malaysia.
“SMEs are the catalysts for the country’s development. There are 548,267 SME’s in Malaysia, of
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