SMEs welcome additional monies for relief fund


By JOY LEE

KUALA LUMPUR: Small and medium enterprises (SMEs) welcome the additional RM2bil allocation by Bank Negara for the Targeted Relief and Recovery Facility (TRRF) as they continue to face cash flow issues in the latest round of movement restrictions.

According to SME Association of Malaysia president Datuk Michael Kang (pic), many SMEs and micro-SMEs were not able to operate under the current movement control order and had difficulty generating sales.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SME , TRRF Bank Negara

Next In Nation

Uncertified electrical appliances seized from KK premises
Budget 2027: Penang seeks funding to boost high-value tourism
High commission warns Indian nationals against misuse of M'sia's visa-free facility for jobs
Haze: Unhealthy air quality recorded in 12 areas as of 10am
Orang Asli man killed in suspected tiger attack in Sg Siput
Kelantan records RM33.47mil in commercial crime losses from January to August, 21.7% up from last year
Third leatherback landing in T'ganu this month renews conservation hopes
Passenger falls onto LRT tracks at Wangsa Maju station
Classroom at Ayer Itam's SMJK Chung Ling razed, no casualties reported, says Bomba
Haze: Unhealthy air quality recorded in 16 areas as of 8am

Others Also Read