22-Apr-24 12:00

Gavan Ord, Senior Manager, Business & Investment Policy, CPA Australia | Azfar Asa’Ad, Senior Advisor, Business & Investment Policy, CPA Australia

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.

Photo Credit: Shutterstock