Small Steps to take a leap

Rizal Nainy of SME Corporation Malaysia talks about the importance of investing in homegrown businesses and their vital role in the global market

- KOYYI CHIN

Small and medium enterprises (SME) contribute to job creation and income generation which are aspects vital in a post-pandemic world where digitalisation, innovation, sustainability and increased inclusivity are needed more than ever.

Rizal Nainy, chief executive officer of SME Corporation Malaysia, who oversees the development of local SMEs, says as much. "SMEs play a major role in the region, and they need to be involved in the building of this new reality that we're in, where e-commerce, digital payments, teleworking, remote learning, video conferencing, online health services and end-to-end logistics services are prevalent in today's economy," he states.

"With how Covid-19 has highlighted the necessity of an online presence, it has also shed a light on those who are economically disadvantaged.