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News & Events

[ 07-10-2013 ]
A directory for the SME community
(From left) Mohamed Al Amin, Lim and Vicky Gannason, editor of Malaysia SME Community Directory at the launch of the directory. Mohamed Al Amin said the directory will become a vehicle for local companies to highlight their capabilities.

(From left) Mohamed Al Amin, Lim and Vicky Gannason, editor of Malaysia SME Community Directory at the launch of the directory. Mohamed Al Amin said the directory will become a vehicle for local companies to highlight their capabilities.

Publication set to be go-to reference on small businesses.

THE recent launch of the first Malaysia SME Community Directory will enable SME stakeholders to make better investment and policy decisions to boost economic growth in the sector.

The community directory, published by Malaysia SME and launched recently by SME Corp Malaysia, is an attempt at providing the industry with more in-depth data on SMEs in various industries.

Wayne Lim, CEO of Malaysia SME noted that there is currently no directory that compiles comprehensive data, statistics and information on SMEs.

“This is inspired by the need to create business intelligence for the SME community and all SME stakeholders. It strives to be the ultimate reference of the Malaysian SME economy,” Lim said.

Malaysia SME will publish the Malaysia SME Community Directory biannually with 130,000 copies in circulation to be distributed to and used by the SMEs, government ministries, departments and agencies, corporate companies and many other SME stakeholders throughout the country. The directory will also be made available at SME Corp nationwide offices.

SME Corp chairman Datuk Mohamed Al Amin Abdul Majid added that the conceptualisation of the directory was driven by the importance of SMEs’ contribution to the economy.

“It is important that policy makers have its hand on the SME pulse before any policies are formulated on small businesses. Likewise, it is essential for any company, local or foreign, to have an understanding on the relevant industries and SME players to include them in their business and investment plans,” Mohamed Al Amin said.

According to him, SMEs make up more than 97% of total businesses and employ 65% of the workforce.

Mohamed Al Amin noted that directory would be a suitable vehicle for local industries to demonstrate their position, prospects and excellence in the SME space.

Lim added that the Malaysia SME team is also working on a digital format of the directory to complement the print version. But in the meantime, the second print addition of Malaysia SME Community Directory is expected to be published by year end.

“We are also looking at making more SME-related information available to the market for convenient references. We will be launching an app for the SME community to interact and communicate easily. We want to connect as many stakeholders in the industry as possible,” Lim said.