Despite increased financial support for businesses amid the novel coronavirus outbreak, companies in the meetings, incentive travel, conventions and exhibitions ecosystem are still struggling to survive and dreading the end of the circuit breaker when wage subsidies for them will revert
to lower levels.DESPITE increased financial support for businesses amid the novel coronavirus outbreak, companies in the meetings, incentive travel, conventions and exhibitions ecosystem are still struggling to survive and dreading the end of the circuit breaker when wage subsidies for...
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Most Malaysian companies struggling under movement control curbs, unemployment at a 10-year highKUALA LUMPUR - Most companies said they were unable to pay beyond two months' worth of wages to their employees, while two-thirds of companies did not earn any income during Malaysia's movement control order (MCO).. Read more at straitstimes.com. Those doing food exports to Singapore and of course Johor, most notably Johor Bahru. Without Singapore consumers and those working in Singapore bringing back money to spend, the state and Sultan must be fearing empty pockets soon.
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In heart of KL, traders struggle to find way back from business wilderness of MCOKUALA LUMPUR — Textile traders at Jalan Tuanku Abdul Rahman and Masjid India are finding it hard to revive their businesses that have been shut for over 40 days as a result of the movement control order (MCO).
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