Malaysia External Trade Development Corp (MATRADE) is ready to extend its assistance to mid-tier companies (MTCs) and small and medium enterprises (SMEs) affected by the recent floods.
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SURVIVE the Covid-19 pandemic – this is the main concern of industries big and small.
At a time when business is slow and the need to comply with strict SOPs has stifled operations, staying afloat is all that matters.
To do so, businesses count on the Government and its many incentives and assistance plans to tide over these challenging times.
The latest National People’s Well-Being and Economic Recovery Package (Pemulih) worth RM150bil announced on June 15 is to help people and businesses through Phases Two, Three and Four of the National Recovery Plan.
(The country will move on to Phase Two of the National Recovery Plan when three indicators are met: the number of daily Covid-19 cases drops to below 4,000; the rate of bed usage in hospital intensive care units is at a moderate level; and 10% of the population have received two doses of the vaccine.)
Relief for the rakyat: From a six-month automatic loan moratorium for all borrowers to additional subsidies for employers, the Pemulih package covers all groups. Bernama
PETALING JAYA: From the hardcore poor and students to the middle class and above, as well as businesses, most say they are thankful for the Pemulih.
It has been lauded as one “with something for everyone.”
Those who qualify can get some relief while the nation remains in Phase One of the National Recovery Plan.
Associated Chinese Chambers of Commerce and Industry of Malaysia’s SME committee chairman Koong Lin Loong said Pemulih “covers all sectors, all people and the economy.”