KUALA LUMPUR, June 16: Datuk Ewon Benedick, the Minister of Entrepreneur and Cooperatives Development, has told Malaysian entrepreneurs to go digital to expedite Malaysia’s economic expansion.
By employing digitalisation, entrepreneurs and cooperatives can sell their products and services on digital platforms that will give them wider market access, he said at the launch of the 2023 Platinum Business Awards organised by SME Association of Malaysia (SME Malaysia) at MITEC here yesterday.
Ewon said his ministry has also developed a free digital entrepreneurship ecosystem development platform called MyMall to facilitate the expansion of local SMEs to digital platforms.
Mr Ding Hong Sing, National President of SME Malaysia, said in his speech that SMEs in Malaysia needed funding for automation and digitalisation to increase output and exports.
SME Malaysia’s PBA undergoes a strict selection process – involving an assessment team, auditors and a selection board – ensuring only the best will win. SMEs are awarded based on their talent and performance as have been the case for more than 20 years.
The theme for this year’s award covers Innovation, Transformation and Internationalisation — all important prerequisites for entrepreneurs to stay competitive.
To further promote PBA2023, its organising chairperson Datuk Ada Poon said SME Malaysia would hold roadshows nationwide to enlighten more businesses and individuals to see the benefits of PBA2023 and use this golden opportunity to obtain better industry visibility and recognition besides gaining new prospects.
Nominations are now open until Aug 15, 2023 before the awards presentation ceremony takes place on Nov 10, 2023 at MITEC.