Prime Minister Datuk Seri Anwar Ibrahim said efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position. — Bernama picSAMARKAND, May 19 — Efforts to assist small and medium-sized Malaysian companies in expanding their overseas market penetration must be enhanced to put them in a more favourable position, according to Prime Minister Datuk Seri Anwar Ibrahim.
“Such networks are needed for small companies with capital of perhaps just tens of millions of ringgit. Job and product marketing networks are important. For halal products, obviously won’t reach hundreds of millions but this is important in terms of lifting the position of the small and medium-sized companies.
“ reached 200 companies including major companes owned either by the government or the private sector. It is estimated that trade commitments worth RM710 million were achieved at the forum.“However, I expect that discussions among them in one or two days will lead to a significant increase. It is just that they have not signed so we have not announced it,” he added.