Survey: SMEs need support to stay afloat


By JOY LEE

SMEs are still facing challenges with their cash flows and noted several programmes which would help them include targeted loans and an extension of the wage subsidy scheme for those who need it.

PETALING JAYA: With the economy expected to remain fragile for the remaining part of the year, SMEs will need supportive policies to stay afloat.

The latest RAM Business Confidence Survey showed that businesses remain pessimistic about the next three months as the overall RAM Business Confidence Index (BCI) for the third quarter (3Q) of 2020 hit a low of 33.7.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Phison makes another attempt to enter Malaysia’s tech space
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
Focusing on affordability
New capacity in the pipeline

Others Also Read