MBAM members seek ‘urgent economic support’

In a statement yesterday, the association also suggested the government provide financial assistance and low-interest financing rates to provide financial aid to businesses, tax break and utility subsidies throughout the total lockdown period, wage subsidy programme for all employees with the salary of RM4,000 and below and speedy payment for government projects to ease cash flow of the construction industry.

PETALING JAYA: Master Builders Association Malaysia (MBAM) is suggesting the government to impose an automatic moratorium extension for people and businesses starting from June 1, in light of the latest lockdown measures to curb the spread of Covid-19 pandemic.

In a statement yesterday, the association also suggested the government provide financial assistance and low-interest financing rates to provide financial aid to businesses, tax break and utility subsidies throughout the total lockdown period, wage subsidy programme for all employees with the salary of RM4,000 and below and speedy payment for government projects to ease cash flow of the construction industry.