Impacts of Disaster to SMEs in Malaysia

Small and medium sized enterprises (SMEs) play an important role in the economy of many countries, crucial in terms of social inclusion, local employment and innovation. In the developed world, such as the European Union, around 99 percent of economic activities can be traced back to SMEs, accounting for almost 66 percent of all jobs in the private sector. A similar scenario can be seen in the developing world where SMEs account for over 90...