Over 37,000 businesses folded in pandemic times, says minister

KUALA LUMPUR: A total of 37,415 businesses, mostly small and medium enterprises, have closed down following the Covid-19 pandemic, said the Entrepreneur Development and Cooperatives Minister Tan Sri Noh Omar (pic).

"The Impact Study of the Movement Control Order 3.0 and the Entrepreneurial Landscape in Malaysia from June 15 to 28, 2021, shows that 37,415 businesses have ceased.