Dr Mahathir: Policies encompassing national development vital for conducive business environment

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PUTRAJAYA, May 25 — A conducive business environment is created through sound and effective policies that encompass all aspects of national development, said former prime...

PUTRAJAYA, May 25 — A conducive business environment is created through sound and effective policies that encompass all aspects of national development, said former prime minister Tun Dr Mahathir Mohamad.

"By the same token, the private and business sectors, in pursuit of their economic objectives must not be detached from the society they seek to flourish and grow,” he said in his presentation on"Achieving Success in Business and Life”, in conjunction with the PLF SME Leaders Programme 2022, here, today.

"These are new enterprises that have the potential to grow beyond the SME scale to become national or even multinational companies,” he said, adding that in Malaysia, the number of micro, small, and medium-sized businesses is expected to exceed 1.2 million in 2021, a trend that is both healthy and promising.

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