Companies may have problems claiming wage subsidies under SME stimulus package, says FMM


PETALING JAYA: The additional allocation worth RM10bil for small and medium enterprises (SMEs) is timely and welcomed, says the Federation of Malaysian Manufacturers (FMM).

However, its president Tan Sri Soh Thian Lai said that as much as the government had responded to SME needs, some conditions for companies to qualify for the stimulus benefits may render it a bit difficult to claim the wage subsidies.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Coronavirus , FMM , SMEs , SME Stimulus , Soh Thian Lai

Next In Nation

Court told of project advisory agreement linked to police contract tender
Convenience store worker dies as two bikes collide in Kluang
Man found dead in parked car in Ayer Keroh
Fire razes five terrace houses in Shah Alam
Hang Tuah Jaya council suspends licence of hotel touted as 'gay-friendly' on website
Over 43,000 litres of misappropriated diesel worth RM124,410 seized in Padang Besar
Johor cops looking for man who allegedly beat girlfriend
Kuching cops seize drugs worth over RM328,000, duo arrested
Blast kills welder, injures another in Melaka recycling centre
Ahmad Zahid to announce 'organisation outside the political arena' at Umno AGM

Others Also Read