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SME Malaysia Backs Government Procurement Act to Ease Cash Flow Pressure on Local Businesses

By Bernard Lee on May 21, 2026 8:58 pm |

Business and Finance, Economy and SME

KUALA LUMPUR, 21 May 2026 – The SME Association of Malaysia has expressed support for the immediate gazettement and implementation of the Government Procurement Act, describing it as an important policy measure to help small and medium enterprises manage rising cost pressures and worsening cash flow conditions.

The association said a transparent and structured procurement framework would allow government spending to provide stronger support for local businesses, particularly SMEs facing higher fuel, logistics, raw material, rental and financing costs.

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Author

  • Bernard is a social activist dedicated to championing community empowerment, equality, and social justice. With a strong voice on issues affecting grassroots communities, he brings insightful perspectives shaped by on-the-ground advocacy and public engagement. As a columnist for The Ledger Asia, Bernard writes thought-provoking pieces that challenge norms, highlight untold stories, and inspire conversations aimed at building a more inclusive and equitable society.

Published in Business and Finance, Economy and SME

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