Malaysian small businesses post best growth results since pandemic

Photo by Patrick Langwallner

Sixty-six per cent of Malaysian small businesses grew in 2023 with 2024 expected to be an even better year, a new survey by CPA Australia shows.

The annual Asia-Pacific Small Business Survey found seventy-eight per cent expect to grow in 2024, the country’s best result since 2012 and higher than the survey average of 70 per cent.

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