PETALING JAYA: While the impact of the Covid-19 and its resultant movement control order (MCO) has been devastating on all businesses, it has forced small and medium enterprises (SMEs) in particular to take a hard look at ensuring resilience and sustainability as they enter the recovery stage.
Even PKT Logistics Group Sdn Bhd group chief executive and managing director Datuk Michael Tio, who had previously weathered the 1998 Asian Currency Crisis and the 2008 Global Financial Crisis, admitted that the logistics group faced its share of challenges related to the pandemic, despite being better prepared than most.