Putting troubled SMEs on sound footing thesundaily SME business economy
In a bid to save small and medium enterprises from going under, the SME Association of Malaysia has unveiled its own emergency unit project to assist businesses get back on some kind of footing.said the purpose of the emergency unit project is to help SMEs, especially those still trying to revive their businesses, after months of being closed due to the movement control order .
“We hope through the programme, they can restructure the company as it is possible that all industries will be allowed to operate as early as next week,“ he said, referring to the potential reopening of the economy should the conditional MCO be lifted. For the infusion of new ideas, Yap said it is not just for SMEs receiving cash flow help from banks but also to gain access to capital markets and balance possible conflicts in accounts.
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