The Associated Chinese Chambers of Commerce and Industry (ACCCIM)’s SME Survey Report 2017 aims at identifying the current SMEs challenges in Malaysia.

The survey says that government is actively fostering SMEs in access to finance through provision of credit guarantees and also increasingly paying attention to financing SMEs by introducing new programmes and encouraging venture capital etc. However, by looking at the results of this survey, it shows clearer picture of despite having various government assistances and programmes targeting for SMEs, SMEs continue to face challenges particularly in financing, of which is key ingredient to the development of their business.

Other than financial constraints, there are other government policies and other matters that highlighted SMEs challenges from many dimensions, i.e. GST issues, Human Resource Development and Employment Insurance System (EIS), according to the survey. Challenges faced by SMEs, and whether these issues affecting the cost of doing business, or as a heavy regulatory burden of SMEs are highlighted.