Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM) SMEs committee chairman Koong Lin Loong says “We did a survey and found that SMEs can’t survive more than four months with no cash flow. Generally, they can only do three months. Those that can survive six months and above are rare."
JUST when businesses thought 2020 was done and dusted, the resurgence in Covid-19 cases and the reimposition of stricter movement controls may have brought about a sense of deja vu.
Many had entered the year with optimism and were pinning their hopes on a great recovery in 2021 following the disruption to the economy last year.
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