Association hopes new cabinet takes quick action to help SMEs

Small and Medium Enterprises Association of Malaysia (Samenta) hopes the new cabinet lineup announced yesterday will take immediate steps to assists small and medium enterprises (SMEs), many of whom are in critical condition financially.

In a statement, central and policy and government relations chairperson William Ng said the pandemic has created a severe liquidity crunch for SMEs and most suppliers have tightened trading terms for fear of default...