Use ict to boost productivity and profitability, smes told

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KUALA LUMPUR: Small and medium enterprises (SME) in the country need to step up efforts to integrate Information and Communication Technology (ICT) into their businesses in the present competitive environment.

Minister in the Prime Minister Department Datuk Seri Wee Ka Siong said despite Malaysia having most smartphone users, SMEs still lagged behind in the use of ICT to enhance productivity and profitability.

“ICT usage by SMEs still remain low and adoption of ICT is a sure way to boost innovation.

“Being innovative also means boosting productivity without increasing costs,” he told reporters here today after the launch of ‘ParkAide’, an innovative parking solution.

Wee said a recent survey by the Association of Chinese Chamber of Commerce and Industry Malaysia revealed that a majority of SMEs still do not use e-commerce.

“Many still preferred using conventional ways such as issuing cheques,” he added. — Bernama