SMEs: Financial aid and change in strategy needed

PETALING JAYA: As anxiety mounts over the possibility of the enhanced movement control order imposed on most of Selangor and parts of Kuala Lumpur being extended, business owners want the government to restrategise its present approach and provide more financial aid to small and medium enterprises (SMEs) nationwide.

Many business owners have pointed out that Covid-19 figures are still surging and that without financial aid from the government, many jobs are at risk if lockdowns continue until the end of the month.

Troopers chief executive officer Joshua Tan said if lockdowns were extended for another 14 days, the government should have a more targeted approach rather than enforcing blanket restrictions nationwide.He also said a blanket lockdown would affect the operations of many SMEs nationwide, including his company, which focuses on providing digital manpower solutions.