SME players welcome RM10 billion aid but warn against MCO extension


Ragananthini Vethasalam Bernard Saw

SME Association of Malaysia president Michael Kang says the impact of rent rebates for SMEs will only be known once they come into effect. – The Malaysian Insight file pic, April 6, 2020.

SMALL and medium enterprise (SME) bodies welcomed the government’s additional RM10 billion stimulus package to ease cashflow problems, although one cautioned that the aid would not be enough if the movement control order is extended.

SME Association of Malaysia president Michael Kang said the package announced today will help SMEs, especially micro enterprises which have been deprived of revenue in the last few weeks.


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Comments


  • Most of these fellas dont care if millions die as long as the MCO is not extended and they can continue to make money until they land in the ICU.

    Posted 3 months ago by Simple Sulaiman

  • The headline is misleading. It would have been more correct to say ... more help would be needed if the MCO is extended.

    Posted 3 months ago by Leong Hong

  • As long as the pandemic is still menacing, there is no business/economic activity. MCO is not against businesses. It is the pandemic.

    Posted 3 months ago by J Zhen

  • ''warn against..''. So profits are more important than lives??????????

    Posted 3 months ago by Lipdah Lia