Small and medium enterprises enjoy record growth - News Summed Up

Small and medium enterprises enjoy record growth


Small and medium enterprises enjoy record growthBy Meryl Kao / Staff ReporterTaiwan’s small and medium-sized enterprises (SMEs) last year reached record highs in quantity and employment, continuing their steady growth trajectory, an annual white paper released by the Ministry of Economic Affairs showed yesterday. The number of SMEs rose to 1.72 million last year, up 2.48 percent year-on-year, Small and Medium Enterprise and Startup Administration Secretary-General Jia-jin Lee (李佳瑾) said at a press conference to release the white paper. SME and Startup Administration Secretary-General Jia-jin Lee, second right, attends a press conference for the Ministry of Economic Affairs’ annual white paper in Taipei yesterday. Domestic sales accounted for 90.27 percent of SMEs’ total sales last year, while export sales made up 9.73 percent, indicating that domestic demand remains a key growth driver for these enterprises, she said. The ministry offered credit guarantees for loans to SMEs that raised wages, with a cap of NT$35 million per borrower, Lee said.


Source: Taipei Times December 26, 2025 16:34 UTC



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