Economy Fortified by Data Centre and Digital Infrastructure Investments: SAMENTA

Kuala lumpur: Malaysia's economy is expected to remain robust, fortified by massive incoming investments in data centres and digital infrastructure, said Small and Medium Enterprises Association of Malaysia (SAMENTA). According to BERNAMA News Agency, national president Datuk William Ng stated that the positive economic outlook is supported by a stable inflation environment. The government has successfully kept inflation below two per cent through petrol subsidies and strict enforcement of anti-profiteering measures, shielding SMEs from runaway overhead costs. Ng highlighted that early domestic fuel stockpile management and logistical coordination at major ports pre-empted a logistical catastrophe, reinforcing the confidence of foreign and domestic investors. These actions have positioned Malaysia as a safe haven within ASEAN during global uncertainty. He also pointed out the seamless collaboration between the government and Bank Negara Malaysia to provide liquidity support to SMEs. This included the RM5 b illion SME Stability Relief Facility (SRG) specifically for impacted SMEs and a RM10 billion credit guarantee via Credit Guarantee Corporation Malaysia Bhd and SJPP. The increase in the margin of guarantee to 80 per cent has provided a crucial financial bridge for SMEs. Additionally, SAMENTA has launched ASEAN's first Circular Economy Certification to help SMEs reduce raw material and energy dependency. A nationwide 50 Hyperlocal AI Fest roadshow aims to integrate artificial intelligence to enhance productivity. Ng emphasized SAMENTA's commitment to supporting the government in protecting SMEs from external challenges and preparing them for the future.