{"id":48288,"date":"2025-03-13T01:00:00","date_gmt":"2025-03-13T01:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2025\/03\/13\/technology-driving-positive-outlook-for-malaysian-small-businesses\/"},"modified":"2025-03-13T01:00:00","modified_gmt":"2025-03-13T01:00:00","slug":"technology-driving-positive-outlook-for-malaysian-small-businesses","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2025\/03\/13\/technology-driving-positive-outlook-for-malaysian-small-businesses\/","title":{"rendered":"Technology driving positive outlook for Malaysian small businesses"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<div>\n<ul>\n<li>\n      Malaysia\u2019s small businesses lead the region in innovation\n    <\/li>\n<li>\n      Younger entrepreneurs dominate small business landscape\n    <\/li>\n<li>\n      AI investment on the rise\n    <\/li>\n<li>\n      High demand for funding signals continued expansion\n    <\/li>\n<\/ul>\n<\/div>\n<div>\n<div>\n    <br \/>\n    KUALA LUMPUR, MALAYSIA &#8211;<br \/>\n    <a href=\"https:\/\/www.media-outreach.com\/\" rel=\"sponsored\">Media OutReach Newswire<\/a> &#8211; 13 March 2025 &#8211; Increased technology adoption is fuelling strong expansion among Malaysia&#8217;s small businesses, with 71 per cent reporting growth in 2024 \u2013 the highest in more than a decade \u2013 according to CPA Australia&#8217;s annual<br \/>\n    <a href=\"https:\/\/www.cpaaustralia.com.au\/tools-and-resources\/business-management\/small-business-resources\/asia-pacific-small-business-survey%20\" rel=\"sponsored\">Asia Pacific Small Business Survey<\/a>.\n  <\/div>\n<\/div>\n<div>\n  <br \/>\n  The growth momentum is expected to continue, with 82 per cent of Malaysian small businesses anticipating growth this year, marking the sector\u2019s highest level of optimism since 2012.<\/p>\n<p>Confidence in Malaysia\u2019s economy is equally strong, with 81 per cent of small businesses expecting the economy to grow in 2025, well above the Asia-Pacific average of 67 per cent.\n  <\/p>\n<p>\u201cMalaysia\u2019s small business sector is powered by dynamic and young entrepreneurs who are quick to embrace digital technologies,\u201d said Yip Kit Weng FCPA, President of CPA Australia Malaysia Division.\n<\/p>\n<\/div>\n<p>\n  <br \/>E-commerce, new digital payment options and social media are widely embraced, with 92 per cent of Malaysian small business using social media in 2024, including as a key communication and marketing tool. On Malaysian entrepreneurs being ranked highest in innovation, Yip said the result was not surprising given 64 per cent of small business owners are younger than 40.\n<\/p>\n<div>\n  <br \/>\n  \u201cTheir ability to adapt quickly and invest in digital solutions is driving Malaysia\u2019s competitiveness in the region,\u201d Yip said.\n  <\/div>\n<div>\n  Investment in digital tools by Malaysia\u2019s small businesses continues to rise, with AI investment more than doubling from 11 per cent in 2023 to 27 per cent in 2024. Digital and mobile payments have become the norm, with 78 per cent receiving more than 10 per cent of their sales through platforms such as GrabPay, Touch &#8216;n Go and Boost.\n  <\/div>\n<div>\n  \u201cIt is encouraging to see more small businesses embracing AI, well ahead of the government\u2019s five-year strategic roadmap to accelerate AI adoption,\u201d Yip said.\n  <\/div>\n<div>\n  \u201cRegulatory measures to support ethical practices, along with tailored measures for target groups, will further fast-track AI adoption while enhancing public trust.\u201d\n  <\/div>\n<div>\n  Malaysia\u2019s entrepreneurs are also setting their sights beyond local markets. Despite global economic uncertainty, 55 per cent of small businesses expect an increase in overseas revenue this year.\n  <\/div>\n<div>\n  To support this expansion, demand for external financing was strong. In 2024, 70 per cent of Malaysian small businesses used such funds to support growth. This trend is expected to continue this year, with 85 per cent anticipating the need for external finance.\n  <\/div>\n<div>\n  \u201cGiven Malaysia\u2019s strong focus on innovation, technology and exports, this demand is unsurprising,\u201d Yip said.\n  <\/div>\n<div>\n  The biggest challenge for Malaysia\u2019s small businesses remains rising costs, particularly in materials, utilities, rent and taxes. Many have focused on implementing cost-control measures to mitigate these pressures.\n  <\/div>\n<p>\n  \u201cThe strong economic environment, coupled with government initiatives to increase competitiveness and investor confidence, is helping to create a positive business climate for small businesses,\u201d Yip said.\n<\/p>\n<p><a href=\"https:\/\/www.cpaaustralia.com.au\/\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/generic_link.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.cpaaustralia.com.au\/<\/a><br \/><a href=\"https:\/\/www.linkedin.com\/school\/cpaaustralia\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-linkedin-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.linkedin.com\/school\/cpaaustralia<\/a><br \/><a href=\"https:\/\/twitter.com\/cpaaustralia\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-twitter-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/twitter.com\/cpaaustralia<\/a><br \/><a href=\"https:\/\/www.facebook.com\/cpaaustralia\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-facebook-1-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.facebook.com\/cpaaustralia<\/a><br \/><a href=\"https:\/\/www.instagram.com\/cpaaustralia\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/resize-instagram-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.instagram.com\/cpaaustralia<\/a><br \/><a href=\"https:\/\/www.youtube.com\/user\/CPAaustralia\" class=\"social-media-link\"><img loading=\"lazy\" style=\"margin-right: 7px;vertical-align: middle;display: inline-block !important;width: 24px\" src=\"https:\/\/release.media-outreach.com\/Release\/templates\/images\/socialMedia\/iconmonstr-youtube-6-24.png\" width=\"24\" height=\"24\" data-no-lazy=\"1\"\/>https:\/\/www.youtube.com\/user\/CPAaustralia<\/a>            <\/p>\n<p><b>Hashtag: <\/b>#CPAAustralia #SmallBusinesses #SmallBusinessSurvey #APAC #MalaysiaSmallBusiness<\/p>\n<p>\n            <em>The issuer is solely responsible for the content of this announcement.<\/em>\n        <\/p>\n<p>        <img loading=\"lazy\" src=\"http:\/\/track.media-outreach.com\/index.php\/WebView\/367152\/4121\" alt=\"\" width=\"1\" height=\"1\" style=\"width:1px;height:1px;\"\/>\n    <\/div>\n<p><script async src=\"http:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/malaysia\/2025\/03\/13\/367152\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s small businesses lead the region in innovation Younger entrepreneurs dominate small business landscape AI investment on the rise High demand for funding signals continued expansion KUALA LUMPUR, MALAYSIA &#8211; Media OutReach Newswire &#8211; 13 March 2025 &#8211; Increased technology adoption is fuelling strong expansion among Malaysia&#8217;s small businesses, with 71 per cent reporting growth &hellip;<\/p>\n","protected":false},"author":1,"featured_media":48289,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/48288"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=48288"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/48288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/48289"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=48288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=48288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=48288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}