An Optimistic 2024 for Malaysia’s Small Businesses?

Enterprise explores the 15th edition of CPA Australia’s Asia-Pacific Small Business survey which provides insights about small businesses across 11 economies, including Malaysia.

The annual survey results indicate that 2024 is expected to be a better year than 2023, with 78% of small businesses expected to grow this year. This is Malaysia's best result since 2012 and it is higher than the survey average of 70%.

To help me breakdown and explore the survey, we’re joined by Gavan Ord and Azfar Asa’Ad, from CPA Australia’s Business & Investment Policy team.

Along the course of the conversation today, Gavan and Azfar will be giving us an in-depth breakdown of the survey and give us a better picture on the state of small businesses here in Malaysia for 2024 and the foreseeable future.

*CPA Australia defines ‘small business’ as businesses with less than 20 employees, which includes high-growth small businesses and tech startups as well.

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