In November 2018, the Pakatan Harapan government announced Budget 2019 for Malaysia titled, ‘Credible Malaysia, Dynamic Economy, Prosperous Rakyat’. There was a heavy focus on creating institutional reforms, improving people’s well-being and promoting an entrepreneurial culture in the country.
This is in with national efforts to promote small and medium enterprises (SMEs), that make up about 98.5% of all the businesses in the country.
The Malaysian government is making major strides towards providing access to funds for SMEs and encouraging the growth of entrepreneurs. With this new development, there is much public anticipation on next steps from the government to extend the same planning and focus into creating equal accessibility for the resources across the country.
Learn more about Malaysia’s social investment trends here.
Other related material on innovative financing tools in Malaysia:
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Southeast Asian Policy Lab Alumni:
Join us at the AVPN Conference 2019 in Singapore to hear and connect with Malaysian entrepreneurs, foundations and intermediaries
Build your knowledge on Malaysia's social investment landscape
Champion the causes of Malaysian Social Purpose Organisations in our network. Contact the Deal Share Platform to find out more.