SMEs: Financial aid and change in strategy needed


PETALING JAYA: As anxiety mounts over the possibility of the enhanced movement control order imposed on most of Selangor and parts of Kuala Lumpur being extended, business owners want the government to restrategise its present approach and provide more financial aid to small and medium enterprises (SMEs) nationwide.

Many business owners have pointed out that Covid-19 figures are still surging and that without financial aid from the government, many jobs are at risk if lockdowns continue until the end of the month.

Troopers chief executive officer Joshua Tan said if lockdowns were extended for another 14 days, the government should have a more targeted approach rather than enforcing blanket restrictions nationwide.He also said a blanket lockdown would affect the operations of many SMEs nationwide, including his company, which focuses on providing digital manpower solutions.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

CCTV footage leads to arrest of Kluang man for alleged molestation
Wiring on bus involved in fatal electrocution did not comply with safety standards, says Loke
Immigration denies officials involvement in altercation with foreign traveller at KLIA
S'wak wants trust fund for federal-funded projects, says Deputy Premier
Adding sharenting provisions to Child Act can be considered, says Nancy
Anwar returns home from four-country visit
Education Ministry plans to streamline kindergarten, preschool syllabus nationwide
Poca amendments to be tabled next year, Dewan Rakyat told
Umno, Selangor Umno given more time to settle SRC’s RM19.5mil suit
No coconut shortage in Perak, says exco rep

Others Also Read