Letting SMEs Grow Penang
By Anna Ong
November 2012 FEATURE
Recent initiatives by the state government and investPenang to encourage the growth of local entrepreneurship and SMEs are beginning to show results. The reliance on FDI and MNCs, it has been realised, has to be complemented by the growing of local enterprises with the potential to go global.SMEs or small and medium enterprises are defined differently in different countries. In Malaysia, they are defined according to sales turnover and employment. A 2011 survey on the industrial sector in Penang shows...
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Anna Ong
