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MP SPEAKS | No need for govt to be stingy, Covid-19 economic aid is vital

This article is 4 years old

MP SPEAKS | Over 41 percent of Malaysian manufacturers said their businesses would only be sustainable for less than a year, as a result of revenue loss following the Covid-19 lockdown, according to a survey by the Federation of Malaysian Manufacturers-Malaysian Institute of Economic Research (FMM-MIER).

What is interesting is those in the FMM July survey say they can last for 12 months, due to the government stimulus packages, wage subsidies and bank moratoriums.

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