Stimulus package a welcome relief


By JOY LEE

PETALING JAYA: While the additional stimulus for small and medium enterprises (SMEs) is a welcomed relief, response from the industry has been somewhat tepid as these additional measures will likely only be sufficient to help soothe the pain until the end of the movement control order (MCO) in mid-April.

If the MCO is extended, the supplemental stimulus will not be enough to keep businesses going and the likelihood of them shuttering their operations will still be on the cards as they brace for a recession.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Datuk Adam Yee is Pestec president
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
SCIB shareholders approve rights issue at EGM
Connectivity factor to shape real estate market�
Kerjaya Prospek secures construction contract
SC Estate Builder to acquire 25% stake in hotel
ES Sunlogy wins RM22mil power sub-contract
ACCCIM: Firms cautiously optimistic for first half
Infomina to focus on job renewal�

Others Also Read