SMEs, facing bankruptcy, ask for more help

Julia Goh UOB research

PETALING JAYA: Local SMEs, especially retailers, say not enough help is forthcoming to help them survive the impact of the MCO on their businesses.

Local retail business owner Christina Ng said many retailers were facing the possibility of bankruptcy due to the forced shutdown of their outlets, coupled with the need to continue paying steep rentals at shopping malls as well as workers’ wages.