NCT, RHB move to strengthen SME growth ecosystem
KUALA LUMPUR: A strong business ecosystem is crucial to supporting Malaysia’s small and medium-sized enterprises (SMEs) as the country advances its industrial transformation.
KUALA LUMPUR — NCT Group of Companies, in partnership with RHB Bank and SJPP, is actively working to strengthen Malaysia's SME growth ecosystem. Simon Chan, NCT's general manager of sales and marketing, emphasized the importance of a strong business ecosystem in supporting the country's industrial transformation. He stated that SMEs remain an essential engine of Malaysia's economic resilience and that their progress requires a robust support system, which the collaboration aims to provide.
As a company deeply involved with numerous SMEs, NCT understands the challenges businesses face during growth and believes that working with established partners enables more effective responses to these challenges. The collaboration includes a seminar series titled "Driving SME Growth with Tailored Financial Solutions & Government Guarantee Schemes," which concluded on August 19 at Wisma FMM Penang.
The seminars offered SMEs insights into financing options, government guarantee schemes, business expansion, sustainability adoption, and productivity enhancement. The Kuala Lumpur session covered NCT Smart Industrial Park, while the Penang session highlighted NCT Innosphere, both of which are designed to support industrial development in their respective regions.
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