SMEs face plummeting demand, cashflow woes


PETALING JAYA: Local small and medium enterprises (SMEs) are generally disappointed with the RM60bil mini budget as it does not address the concerns of small businesses, said SMI Association of Malaysia president Chua Tiam Wee.

He said the immediate problems for SMEs in the current downturn were the sharp fall in demand and lack of cashflow to cover their fixed operational costs.

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