MCA hopes budget review will prioritise SME sector

MCA president Wee Ka Siong is hoping that the 2023 budget review will give priority to small and medium enterprises (SME) to assist the sector and the entrepreneurs involved, to restore their economic status.

The former transport minister said the SME sector was important because it contributes tremendously to the job market, providing for almost 65 percent of the workforce in the country, but there are businesses that have yet to recover from the Covid-19 pandemic.

The SME sector contributes...