The 16 businesses hail from a wide range of sectors including food manufacturing and distribution, food and beverage, healthcare, business consulting, automotive, logistics, and manufacturing.
The small and medium-sized enterprises also plan to harness technology to optimise their inventory, distribution and human resource management systems.in Thailand in early 2019 "Having served the SME community in Malaysia for more than six decades, we have a deep understanding of the opportunities and challenges they face. In particular, as family-owned businesses transition from the first to second-generation leadership, we see an accelerated use of technology in their business," said Wong Kim Choong, chief executive officer, UOB Malaysia.