KUALA LUMPUR: More micro, small and medium enterprises (MSME) could be at risk of closing down their businesses if the government decides to go ahead with raising electricity tariffs by 14.2% in July, says Datuk Seri Dr Wee Ka Siong (BN-Ayer Hitam).
According to Dr Wee (pic), the United States has paused its reciprocal tariffs for 90 days until July 9, and if Putrajaya increases electricity tariffs, then businesses would be making meagre profits due to reduced margins.
