40,000 micro-enterprises to benefit from fund

There are more than 650,000 micro-enterprises in the country, many of which have been badly affected by the MCO. — Filepic

JOHOR BARU: The Malay Chamber of Commerce Malaysia (DPMM) believes the RM400mil Micro Financing Fund announced as part of the National Economic Revival Plan (Penjana) will be able to help 40,000 micro-enterprises in the country.

DPMM president Abd Halim Husin said the short-term financial aid will be able to help small and medium enterprises (SMEs) get back on their feet during this recovery period.