Bumiputera businesses on brink of death, Putrajaya told

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Title : Bumiputera businesses on brink of death, Putrajaya told
Category : Malaysians

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Bumiputera businesses on brink of death, Putrajaya told

Bumiputera businesses are finding it hard to survive the lockdown, says a retail association.PETALING JAYA: A retail association has warned that Bumiputera businesses are “on the brink of death” because of a lack of government assistance to help them survive the current lockdown.All businesses are struggling, according to Bumiputera Retailers Organisation (BRO) president Ameer Ali Mydin.“If one Chinese business dies,” he told FMT, “it’s likely that 10 Malay businesses will die.“The reality is that the Chinese business community is very adept at business. Many have been in business for a long time and built up reserves. So, if one dies, it’s a bad omen for us.” He said it was not “looking good” that Covid-19 cases remained high while fewer people were being tested for infection.“We’ve read how there is an increase in sporadic cases. At this rate, it is hard to see how restrictio…

Bumiputera businesses are finding it hard to survive the lockdown, says a retail association.PETALING JAYA: A retail association has warned that Bumiputera businesses are “on the brink of death” because of a lack of government assistance to help them survive the current lockdown.All businesses are struggling, according to Bumiputera Retailers Organisation (BRO) president Ameer Ali Mydin.“If one Chinese business dies,” he told FMT, “it’s likely that 10 Malay businesses will die.“The reality is that the Chinese business community is very adept at business. Many have been in business for a long time and built up reserves. So, if one dies, it’s a bad omen for us.” He said it was not “looking good” that Covid-19 cases remained high while fewer people were being tested for infection.“We’ve read how there is an increase in sporadic cases. At this rate, it is hard to see how restrictio…


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