Review stimulus package from time to time to help big companies, say manufacturers | The Malaysian Insight

The Federation of Malaysian Manufacturers hopes Putrajaya can suspend foreign worker levy payments for a year, starting this month. – The Malaysian Insight file pic, April 6, 2020.

THE Federation of Malaysian Manufacturers wants the government to review the Prihatin stimulus package from time to time to also assist large corporations. This is because the small and medium-sized enterprises are dependent on them as part of the overall business ecosystem, said president Soh Thian Lai.

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Hotel industry feeling the brunt of the virus impactPETALING JAYA: To say that the bulk of Malaysian businesses are going through turbulent times would be an understatement. Forecast occupancy rate for May and June 2020 Overly optimistic businesses also need to have emergency savings, don’t keep using your cash to compensate underperforming top management, incurring ridiculous debts for nonperforming diversification..
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