{"id":11731,"date":"2006-08-08T00:00:00","date_gmt":"2006-08-08T00:00:00","guid":{"rendered":"http:\/\/localhost\/wordpress\/2006\/08\/08\/status-and-performance-of-smes\/"},"modified":"2006-08-08T00:00:00","modified_gmt":"2006-08-08T00:00:00","slug":"status-and-performance-of-smes","status":"publish","type":"post","link":"https:\/\/www2.rakansarawak.com\/?p=11731","title":{"rendered":"Status and Performance of SMEs"},"content":{"rendered":"<p><\/p>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;>A nationwide Census on Establishment and Enterprises was conducted<br \/>\nin 2005 on business enterprises in the agriculture, manufacturing and<br \/>\nservices sectors. A preliminary assessment based on the 523,132<br \/>\nbusiness establishments that responded to the Census indicated that<br \/>\n99.2% or 518,996 of the business establishments are SMEs, of which<br \/>\n411,849 are micro enterprises. <\/font><\/p>\n<div align=&quot;justify&quot;>\n<ul>\n<li><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;> Most of the SMEs (86.5% or 449,004) are in the services sector,<br \/>\nmainly engaged in the retail, restaurant, wholesale, transportation and<br \/>\ncommunication, and professional services businesses. <\/p>\n<p>    <\/font><\/p>\n<\/li>\n<li><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;> 37,866 or 7.3% SMEs are in the manufacturing sector, mainly in the<br \/>\ntextile and apparel, metal and mineral products, and food and beverages<br \/>\nindustries. <\/p>\n<p>    <\/font><\/p>\n<\/li>\n<li><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;> 32,126 or 6.2% of SMEs are involved in the agriculture sector,<br \/>\nmostly in food crops, market produce and horticulture, and livestock.<\/font><\/li>\n<\/ul>\n<\/div>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;>The Census results confirmed that SMEs are a major source of<br \/>\nemployment, providing jobs for over 3 million workers or 65.1% of total<br \/>\nemployment in these business establishments.<\/font><\/p>\n<div align=&quot;justify&quot;>\n<ul>\n<li><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;> 2.2 million workers were employed by SMEs in the services sector,<br \/>\nwhile 740,000 and 131,000 workers were employed in the manufacturing<br \/>\nand agriculture sectors respectively.<\/font><\/li>\n<\/ul>\n<\/div>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;>In terms of contribution to the economy, SMEs generated RM154<br \/>\nbillion or 47.3% of value added and RM405 billion or 43.5% of output in<br \/>\n2003. The Census also showed that 4,257 SMEs exported their goods and<br \/>\nservices totaling RM38 billion in 2003. Productivity levels of SMEs are<br \/>\nfound to be significantly lower than large enterprises, recording<br \/>\nvalue-added per establishment of RM0.3 million compared with RM41<br \/>\nmillion for large enterprises. <\/font><\/p>\n<div align=&quot;justify&quot;>\n<\/div>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;>Only 2,747 businesses invested in R&amp;D, of which 2,355 are SMEs.<br \/>\nSMEs invested RM2 billion in R&amp;D out of the RM4.3 billion spent in<br \/>\ntotal by establishments in the Census. Less than 10% of SMEs engaged in<br \/>\nmarketing and promotion activities.<\/font><\/p>\n<div align=&quot;justify&quot;>\n<\/div>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;2&quot;>The Census also revealed that 84% of the SMEs relied on their own or<br \/>\ninternally generated funds and funds sourced from friends and family<br \/>\nmembers, while 16% sourced their funding from financial institutions.<br \/>\nIn contrast, 50% of large enterprises relied on the financial<br \/>\ninstitutions. Of the 523,132 establishments, 54,011 SMEs indicated<br \/>\nhaving difficulty obtaining financing from the financial institutions,<br \/>\nmainly due to lack of collateral.<br \/>\n<\/font><\/p>\n<p align=&quot;justify&quot;><font face=&quot;Arial, Helvetica, sans-serif&quot; size=&quot;1&quot;><i>Source :<br \/>\nNational SME Development Council<\/i><\/font><\/p>\n<div style='text-align:center' class='yasr-auto-insert-visitor'><!--Yasr Visitor Votes Shortcode--><div id='yasr_visitor_votes_49b8a6a830688' class='yasr-visitor-votes'><div class=\"yasr-custom-text-vv-before yasr-custom-text-vv-before-11731\">Click to rate this post!<\/div><div id='yasr-vv-second-row-container-49b8a6a830688'\r\n                                        class='yasr-vv-second-row-container'><div id='yasr-visitor-votes-rater-49b8a6a830688'\r\n                                      class='yasr-rater-stars-vv'\r\n                                      data-rater-postid='11731'\r\n                                      data-rating='0'\r\n                                      data-rater-starsize='16'\r\n                                      data-rater-readonly='true'\r\n                                      data-rater-nonce='1bc206e698'\r\n                                      data-issingular='false'\r\n                                    ><\/div><div class=\"yasr-vv-stats-text-container\" id=\"yasr-vv-stats-text-container-49b8a6a830688\"><svg xmlns=\"https:\/\/www.w3.org\/2000\/svg\" width=\"20\" height=\"20\"\r\n                                   class=\"yasr-dashicons-visitor-stats\"\r\n                                   data-postid=\"11731\"\r\n                                   id=\"yasr-stats-dashicon-49b8a6a830688\">\r\n                                   <path d=\"M18 18v-16h-4v16h4zM12 18v-11h-4v11h4zM6 18v-8h-4v8h4z\"><\/path>\r\n                               <\/svg><span id=\"yasr-vv-text-container-49b8a6a830688\" class=\"yasr-vv-text-container\">[Total: <span id=\"yasr-vv-votes-number-container-49b8a6a830688\">0<\/span>  Average: <span id=\"yasr-vv-average-container-49b8a6a830688\">0<\/span>]<\/span><\/div><div id='yasr-vv-loader-49b8a6a830688' class='yasr-vv-container-loader'><\/div><\/div><div id='yasr-vv-bottom-container-49b8a6a830688' class='yasr-vv-bottom-container'><div class='yasr-small-block-bold'><span class='yasr-visitor-votes-must-sign-in'>You must sign in to vote<\/span><\/div><\/div><\/div><!--End Yasr Visitor Votes Shortcode--><\/div>","protected":false},"excerpt":{"rendered":"<p>99.2% or 518,996 of the business establishments are SMEs<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[2],"tags":[3169],"class_list":{"0":"post-11731","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-featured","7":"tag-sebaran-am"},"acf":[],"yasr_visitor_votes":{"stars_attributes":{"read_only":true,"span_bottom":"<div class='yasr-small-block-bold'><span class='yasr-visitor-votes-must-sign-in'>You must sign in to vote<\/span><\/div>"},"number_of_votes":0,"sum_votes":0},"publishpress_future_action":{"enabled":false,"date":"2026-05-26 01:21:28","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=\/wp\/v2\/posts\/11731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11731"}],"version-history":[{"count":0,"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=\/wp\/v2\/posts\/11731\/revisions"}],"wp:attachment":[{"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.rakansarawak.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}