Small businesses need one final relief package, Putrajaya told
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Title : Small businesses need one final relief package, Putrajaya told
Category : Malaysians
Consumer demand has been affected by current lockdown measures, say economists. (Bernama pic)PETALING JAYA: The government should take measures to help customers to reach small businesses while movement control restrictions (MCO) are in place, according to two economists, while another said businesses could only be helped by ending the current MCO regime.Yeah Kim Leng.Economics professor Yeah Kim Leng said the government may need to consider another relief package targeted at vulnerable business groups.“The MCO 3.0 relief package is likely to be the final one the government needs to consider given that the economy is on track to recovery,” Yeah said.Another economist, Rajah Rasiah of Universiti Malaya, said the government must not only take all steps to assist small business dwellers but also those who provide the demand. “Customers must also be given a regulated route to reach…
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