MBTA Articles

The Corona Virus Disease (COVID-19) pandemic has rapidly spread worldwide within the last few months. In Malaysia alone, we are witnessing an alarming number of deaths and high number of COVID-19 cases daily. In order to curb the spread of COVID-19, the Malaysian government had officially announced the execution of Movement Control Order (MCO) on 18 March 2020. This order is estimated to last until 28 April 2020 and only specific essential services such water and electrical supply, food supply, medical providers and few others are allowed to operate at the moment. This also means the halting of various non-essential industries and businesses operation across Malaysia. With majority of our human capital working from home, this brings the discussion on the fate of our small and medium sized enterprise (SMEs) to the limelight. The ongoing MCO and various SMEs businesses are forced to stop operations, therefore what are the challenges that SMEs are facing amidst this COVID-19 s...

Small and medium enterprises (SMEs) in Malaysia cover a wide range of sector including services, manufacturing, agriculture, construction as well as mining and quarrying. From all of these sectors, businesses are divided into three categories namely micro, small and medium.  SMEs are undoubtedly important to the growth of Malaysia’s economy. Since SMEs are divided into three different categories, let us take a look at some of the statistic based on their respective sector and state. Based on SMEinfo.com: The tabulation of SMEs by percentage is as follow: 76.5% are microenterprises, 21.2% are small enterprises and 2.3% are medium enterprises. The tabulation of SMEs by sector is as follow: 89.2% are service, 5.3% are manufacturing, 4.3% are construction, 1.1% are agriculture and the remaining 0.1% are mining and quarrying. 20.6% of SMEs are woman-owned. The 3 states with the highest number of SMEs establishment are Selangor (19.8%), Wilayah Persekutuan Kuala Lump...