KUALA LUMPUR, Oct 27 (Bernama) — Credit Guarantee Corporation Malaysia Berhad (CGC) and Sunway University have recently signed the Memorandum of Understanding (MoU) to provide capacity building for Micro, Small, and Medium-Sized Enterprises (MSMEs).
This collaboration is timely as MSMEs wield significant influence in shaping the future of the nation’s economy. More than 97% of all businesses are MSMEs, contributing over 38% to GDP and employing 48.2% of Malaysia’s workforce. These statistics fortify the fact that MSMEs are major stakeholders in Malaysia’s sustainability agenda.