Most entrepreneurs at risk if MCO continues

Entrepreneur Development and Cooperative (MEDAC).minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar the findings of two online survey conducted in March 2021 were very worrying.

MORE than 90% of micro, small, medium and informal enterprises would be risking business closure if the movement control order (MCO) continues to be implemented, says the Ministry of Entrepreneur Development and Cooperative (MEDAC).

As such, its minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar says the ministry will continue to undertake intervention measures under the Entrepreneur and Cooperative Recovery Plan, and offer financing assistance and targeted moratorium to help the entrepreneurs in facing the impact from the MCO.