Pemerkasa helps SMEs mitigate cash flow problems

SME Association of Malaysia president Datuk Michael Kang (pic) said at least 30% of industries in Malaysia are still not allowed to operate during MCO 2.0, leaving them facing cash flow problems

KUALA LUMPUR: The Pemerkasa initiative, which provides microcredit financing to small and medium enterprises (SMEs), can help ease the cash flow problems of those affected by the implementation of the Movement Control Order (MCO) 2.0.

SME Association of Malaysia president Datuk Michael Kang (pic) said at least 30% of industries in Malaysia are still not allowed to operate during MCO 2.0, leaving them facing cash flow problems.