Driving SMEs for long-term impact

Published on 9 Apr 2026 7:27:15 PM

Entrepreneur Development and Cooperatives Minister Steven Sim outlined plans to boost Malaysian SMEs’ productivity and resilience amid global economic and energy volatility.

Speaking at the Star Outstanding Business Awards 2025 Gala Night, he highlighted the government’s reforms, including anti-corruption recoveries, targeted fuel subsidies, and low-cost financing. Sim introduced the “A-B-C-D” strategy: Accelerate productivity, reduce Bureaucracy, make Capital accessible, and drive market Development.

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Keywords
news, thestartv, the star, steven sim, soba award, star outstanding business awards, sme, business, productivity, rising costs, entrepreneur development and cooperatives minister, government, reforms, targeted fuel subsidies, low-cost financing

Keywords:
news, thestartv, the star, steven sim, soba award, star outstanding business awards, sme, business, productivity, rising costs, entrepreneur development and cooperatives minister, government, reforms, targeted fuel subsidies, low-cost financing