Navigating the Cash Flow Crisis for SMEs

By Naznin Onn

There is no doubt that SMEs are the backbone of our economy. These businesses provide employment for 7.3 million people, generating 38%, or about RM580 billion of Malaysia’s gross domestic product (GDP). And yet, even with over a million SMEs currently operating in the country, 70% of these businesses are struggling with cash flow issues.

With the…