Not much benefit seen for SMEs, says association chief

Kang: ‘The stimulus package is good for the rakyat but not for businesses.’

PETALING JAYA: Small and medium-sized enterprises (SMEs) do not benefit much from the new stimulus package, says Datuk Michael Kang.

The SME Association of Malaysia president said the industry was disappointed with the stimulus package and predicts that at least 50% of SMEs will close down.