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SME Corp to venture into ‘hidden gems’ industry | Malay Mail

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KUALA LUMPUR, Feb 16 — SME Corp will venture into “hidden gems” industry involving agarwood, orchid and others, in a bid to spur further growth among the country’s small and medium-sized enterprises (SMEs), its chief executive officer Noor Azmi Mat Said.  The agency according to him,...

SME Corp will venture into hidden gems industry involving agarwood, orchid and others, in a bid to spur further growth among Malaysia’s SMEs. ― Reuters pic

SME Corp and relevant agencies he said are ready to increase the industry’s productivity via the adoption of cutting-edge technology and innovations. The oil/resin derived from agarwood is highly sought after by traders with its price could fetch RM12,000 per-kg. “The capacity for battery, the main component which powers the digital era, needs to be more efficient,” he said, adding that Malaysia has the potential to become the leader in battery technology.

Cyber-security he said, is SME Corp’s main focus especially in navigating Malaysia’s SMEs towards the IR4.0 era.

 

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