Covid-19: Malaysia SMEs See Zero Cash Inflow for at Least Three Months Due to MCO

SME Malaysia in partnership with Bizsphere Brand & Marketing Group launched a survey yesterday (March 29) evening that attracted 15,627 SME responses in less than 18 hours. “The economic uncertainty for the next six months will burden repayment capability and (they) risk going under bankruptcy. 4% out of 22.5% that have applied for the loan have been rejected by the banks,” Datuk Michael Kang said.

Read more in depth here.

Source: The Edge Markets

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