KUALA LUMPUR: Malaysia’s small and medium-sized enterprises are urged to tap into Uzbekistan’s halal sector, which serves a population of over 30 mill...
Ramanan delivering his speech at Malaysian SME Resilience and Growth Conference 2025 in Kuala Lumpur today.Malaysia’s small and medium-sized enterprises are urged to tap into Uzbekistan’s halal sector, which serves a population of over 30 million, 96.1% of whom are Muslim, according to Deputy Entrepreneur Development and Cooperatives Minister Datuk Seri Ramanan Ramakrishnan.
Ramanan stressed that Malaysian SMEs must consider the importance of environmental, social and governance factors, as well as sustainable development goals in order to succeed in international markets. “The readiness is moderate for now. Of course, they will never be ready. But this is a step to improve the GDP of the country and give opportunities to Malaysian workers to receive a salary that can enhance their daily lives,” he said.
Its focus on sustainability and resilience comes at a critical juncture as SMEs, the backbone of Malaysia’s economy, grapple with challenges posed by global economic uncertainties, climate change, and digital disruption.
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