Kuala lumpur: The Credit Counselling and Debt Management Agency (AKPK) has launched the Malaysia Micro Entrepreneur Forum 2025 (MyMikro’25) as a strategic platform to strengthen the financial resilience and enhance the competitiveness of local entrepreneurs.
According to BERNAMA News Agency, the launch of MyMikro’25 reinforces AKPK’s role as a credit rehabilitation agency and strategic partner to micro-entrepreneurs in building financial resilience and contributing continuously to the nation’s economic growth. AKPK chief executive officer, Azaddin Ngah Tasir, stated that financial literacy is essential to ensure that micro, small and medium enterprises (MSMEs) become more competitive, resilient, and sustainable in today’s economic environment.
Azaddin emphasized that through the Entrepreneur Development Programme (PPU), AKPK is committed to guiding micro-entrepreneurs with a holistic approach that combines skills, knowledge, and continuous support. This commitment is further backed by a national-level study involving 920 entrepreneurs aimed at identifying areas for improvement in the financial management of micro-entrepreneurs.
According to AKPK, the study revealed that 41 percent of micro-entrepreneurs currently have a low level of financial management. It was also discovered that four out of ten micro-entrepreneurs still do not maintain a business account, leading to cash flow imbalances. These findings highlight significant opportunities for targeted interventions to enhance financial literacy and improve the competitiveness of micro-entrepreneurs in Malaysia.
The MyMikro’25 forum, held at the Khazanah Auditorium, Asia School of Business (ASB), convened MSME entrepreneurs, credit providers, academics, and other stakeholders. The event aimed to facilitate the exchange of experiences, discuss issues and challenges, and explore collective solutions to propel the country’s MSME ecosystem forward.