Desperately waiting for funds


I REFER to the report “CMCO eroding business cashflow, RAM survey says” (The Star, Dec 8; online at https://bit.ly/36X3LzP), which stated that the recovery paths of small and medium enterprises (SMEs) and micro enterprises appear challenging in the absence of any brighter business prospects. To help these small businesses, it was suggested that they be given additional support to address their immediate challenges.

In my opinion as the owner of an SME, the third wave of the Covid-19 pandemic has affected SMEs harder than the first. This is because while the movement control order required all companies to stop operating, the conditional MCO allows us to operate but imposes many restrictions that prevent some, especially those involving face-to-face interactions with customers and require volume to thrive, from operating effectively.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Socso; Covid-19; SME

Next In Letters

Direct hiring without safeguards will not end exploitation
Strong enforcement vital to curb smuggling of waste
Rethinking cash aid and a path to resilience
Combating corruption with data-driven auditing
Measures to promote trilingual education � �
Make retrenchment planning part of financial management�
Bukit Tagar shelved: Immediate state exco intervention needed for Tanjung Sepat pig farmers
Hidden cost of convenience�
Students should be allowed to take elective subjects
Expanding access to care for cancer patients

Others Also Read