Govt has means to provide stimulus package, say experts

Ragananthini Vethasalam Ragananthini Vethasalam Updated 2 years ago · Published on 31 May 2021 7:00AM · 0 Comments

Experts say that small traders and those involved in the retail, food and beverage, and tourism-related industries will once again bear the brunt of economic hardship when the country goes into another round of full lockdown on June 1. – The Malaysian Insight file pic, May 31, 2021.

THE government must come up with a “large” economic aid package to help businesses and individuals who would otherwise be at risk of losing their livelihood as the country prepares to enter a fresh round of full lockdown, said experts.

Retrenchment, bankruptcy and business closure may increase as a result of the stringent lockdown which starts on June 1, they added.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.

Comments