File pic of Matrade event. However, due to the Cpvid-19 pandemic, many trade promotions have been affected and Matrade has offered financial compensation to SMEs.
KUALA LUMPUR: The Malaysia External Trade Development Corporation (Matrade) has offered financial compensation for small and medium enterprises (SMEs) affected by postponements or cancellations of trade promotion events due to the Covid-19 pandemic.
Chief executive officer Datuk Wan Latiff Wan Musa said the assistance is provided through the utilisation of Market Development Grant (MDG), which allows SMEs to claim for reimbursements of specific expenses incurred, such as non- refundable participation fees, airfares and accommodation, subject to the total of all three expense components did not exceed RM25,000 per event.
Limited time offer:
Just RM5 per month.
