Employers soldier on

By Joy Lee
  • SME Premium
  • Saturday, 11 Apr 2020

Board helping out: Ameer says Mydin’s directors will be taking a 100% pay cut for six months.

SMALL businesses are among the hardest hit under the movement control order (MCO). With limited reserves, many were unprepared to face the sudden decree to stop operations for a period of over a month.

The government announced several efforts under the Prihatin SME+ stimulus package early this week as a stop-gap measure to help prop up the SMEs during this period of little to no activity.

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