SME Association president Michael Kang says those in the M40 group are falling into the B40 category.
Kang said the funds from the government’s various economic stimulus packages could help those involved in micro-businesses put food on the table.“If they do not generate cash, they face problems even to buy food,” he said, adding that the funds could be rolled out immediately by government agencies involved with SMEs and micro-businesses.
The third round of the MCO started on May 12. This was followed by the ongoing total lockdown since June 1. All sectors will be allowed to open from October onwards under Phase 4 once cases fall below 500 daily and 60% of the population is vaccinated.
Nederland Laatste Nieuws, Nederland Headlines
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