KUALA LUMPUR: The government is moving from supporting micro-business to scaling up SMEs into mid-sized enterprises this year to create more businesse...
Ewon says the move to scale up SMEs will be backed by grants, financing and digitalisation programmes. – Bernama filepicThe government is moving from supporting micro-business to scaling up SMEs into mid-sized enterprises this year to create more businesses that can compete globally.
Ewon said the goal is to create globally competitive businesses that can contribute more to gross domestic product and job creation. The second TikTok Shop Live Hub was launched at the Tekun Nasional headquarters. The initiative is a collaboration between TikTok Shop and Tekun Nasional aimed at empowering local entrepreneurs through an e-commerce ecosystem. The launch was a step forward in helping local SMEs expand into larger markets by leveraging digital marketing.
Since 2024, he said, TikTok Shop has partnered with Tekun Nasional to train over 100 sellers in Selangor, helping them generate more than RM2.3 million in sales and achieve a 300% increase in orders.
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