News Formal

Post-MCO, small businesses should adopt tech-based business models, says minister

  • 📰 staronline
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Business News News

Business Business Latest News,Business Business Headlines

PETALING JAYA: Sundry shops and food business operators need to change their business model to be more technology-friendly in an effort to reduce social contact, says the Entrepreneur Development and Cooperatives Minister.

Datuk Seri Dr Wan Junaidi Tuanku Jaafar said even if such a move could not be fully implemented, it should be kept as a contingency plan.

“Those who are still doing their businesses the traditional way need to consider cashless payment and online marketing as the new way to trade, ” he said on his Facebook on Thursday . The agencies include the National Entrepreneur Group Economic Fund , Small Medium Enterprise Development Bank Malaysia Bhd , SME Corporation Malaysia, Bank Rakyat and the National Entrepreneurship Institute .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Yet another frivolous statement by yet another frivolous minister

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies want Covid-19 law to protect businesses post-MCOThe coalition of 12 business associations says Singapore is already acting to protect businesses with its Covid-19 (Temporary Measures) Act. FMTNews Covid19 MCO
Source: fmtoday - 🏆 5. / 72 Read more »