Businesses plead for help ahead of 'full lockdown'

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Small and medium-sized enterprises (SMEs) are appealing to Putrajaya for aid ahead of a "total lockdown" next Tuesday in an effort to curb spiralling number of Covid-19 cases and deaths.The Small and Medium Enterprises Association Malaysia (Samenta) urged Putrajaya to urgently put together an aid package as many firms are on the brink of running out of funds."While we await the full standard operating procedures, we urge the government to quickly put in place urgent assistance for our SMEs."Specifically, we are hopeful that the wage subsidy can be continued and extended to the end of 2021, an automatic interest-free moratorium on all bank loans, and a reduction in utility charges for all businesses."Many of our SMEs have run out of reserves. Some have reported that they are owing landlords and suppliers for months."They were hopeful that they can …