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Cross Border SMEs: Malaysia & Indonesia

SMEs have a very important role in the country's economy, In 2019, Bank Indonesia estimates that the contribution of SMEs to GDP will reach 64 percent, 14 percent for exports and 95 percent for employment. In Malaysia, the contribution of SMEs to GDP reached 38.3% . In 2018 from 6.2 % in 2017....

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Other Authors: Hendar, H
Format: Book
Language:English
Published: UNISSULA 2022
Subjects:
HG Finance
Online Access:http://irep.iium.edu.my/98213/7/98213_Cross%20Border%20SMEs.pdf
http://irep.iium.edu.my/98213/
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spelling my.iium.irep.982132022-06-07T01:46:43Z http://irep.iium.edu.my/98213/ Cross Border SMEs: Malaysia & Indonesia HG Finance SMEs have a very important role in the country's economy, In 2019, Bank Indonesia estimates that the contribution of SMEs to GDP will reach 64 percent, 14 percent for exports and 95 percent for employment. In Malaysia, the contribution of SMEs to GDP reached 38.3% . In 2018 from 6.2 % in 2017. This segment plays an important role in Malaysia's growth as it accounts for 98.5% of total registered businesses. This proves that SMEs have a strategic role as a means of alleviating poverty and equalizing the welfare of the middle-class community. Even so, if SMEs become a priority sector that needs to be continuously encouraged to increase national economic growth. However, the reality of SMEs is currently is currently still full of obstacles, especially those related to limited market access, competitiveness, inadequate use technology, management and limited access to finance. Besides, digitalization of business and on line marketing as well as increasing exports can be a way for SMEs to survive in as environment of global competition. This is a challenge for SMEs in facing various economic crises. UNISSULA Hendar, H Ardian Adhiatma, AA Abdul Razak, Dzuljastri 2022-02 Book PeerReviewed application/pdf en http://irep.iium.edu.my/98213/7/98213_Cross%20Border%20SMEs.pdf UNSPECIFIED (2022) Cross Border SMEs: Malaysia & Indonesia. UNISSULA, UNISSULA. ISBN 978-623-7097-98-3
institution Universiti Islam Antarabangsa Malaysia
building IIUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider International Islamic University Malaysia
content_source IIUM Repository (IREP)
url_provider http://irep.iium.edu.my/
language English
topic HG Finance
spellingShingle HG Finance
Cross Border SMEs: Malaysia & Indonesia
description SMEs have a very important role in the country's economy, In 2019, Bank Indonesia estimates that the contribution of SMEs to GDP will reach 64 percent, 14 percent for exports and 95 percent for employment. In Malaysia, the contribution of SMEs to GDP reached 38.3% . In 2018 from 6.2 % in 2017. This segment plays an important role in Malaysia's growth as it accounts for 98.5% of total registered businesses. This proves that SMEs have a strategic role as a means of alleviating poverty and equalizing the welfare of the middle-class community. Even so, if SMEs become a priority sector that needs to be continuously encouraged to increase national economic growth. However, the reality of SMEs is currently is currently still full of obstacles, especially those related to limited market access, competitiveness, inadequate use technology, management and limited access to finance. Besides, digitalization of business and on line marketing as well as increasing exports can be a way for SMEs to survive in as environment of global competition. This is a challenge for SMEs in facing various economic crises.
author2 Hendar, H
author_facet Hendar, H
format Book
title Cross Border SMEs: Malaysia & Indonesia
title_short Cross Border SMEs: Malaysia & Indonesia
title_full Cross Border SMEs: Malaysia & Indonesia
title_fullStr Cross Border SMEs: Malaysia & Indonesia
title_full_unstemmed Cross Border SMEs: Malaysia & Indonesia
title_sort cross border smes: malaysia & indonesia
publisher UNISSULA
publishDate 2022
url http://irep.iium.edu.my/98213/7/98213_Cross%20Border%20SMEs.pdf
http://irep.iium.edu.my/98213/
_version_ 1735386642743558144
score 13.211869

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