Another MCO will kill more businesses, warns SME Association. [Newspaper] (2021)
Abstract
KUALA LUMPUR: Another round of Movement Control Order (MCO) would lead to more local businesses folding up and leading to increased unemployment throughout the country. SME Association of Malaysia vice president Chin Chee Seong said in a statement that another round of MCO would kill more businesses which are currently just grappling to stay afloat. "Although we appreciate the need to strike that delicate balance between saving lives and saving livelihoods, the second round of total lockdown would be disastrous for small and medium enterprises (SME) which would then be forced to lay off employees," said Chin, who is also Malaysia Cross-Border e-Commerce Association national president. Yesterday, the Federation of Malaysian Manufacturers (FMM) had also issued a similar statement requesting for business and economic activities to be allowed to continue operating, albeit under stricter Standard Operating Procedures (SOP).
| Item Type: | Newspaper |
|---|---|
| Keywords: | Local businesses, Small and medium enterprises, Economic |
| Taxonomy: | By Subject > Administrative Science & Policy Studies > Administrative Science By Subject > Administrative Science & Policy Studies > Policy Studies By Subject > Applied Sciences > Industrial Technology By Subject > Entrepreneurship > Business Fundamentals By Subject > Entrepreneurship > Business Planning |
| Local Content Hub: | Subjects > Entrepreneurship |
| Depositing User: | Jamil Jawi |
| Date Deposited: | 11 Feb 2021 06:57 |
| Last Modified: | 11 Feb 2021 06:57 |
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