GEORGE TOWN: A trade group today urged the government to train their eyes on flailing businesses amid a full-blown Covid-19 crisis, saying doing so would ensure people would be able to keep their jobs while weathering the current economic downturn.
“The rakyat needs continuous and secured employment as well as income beyond three months. Deferment of loans and financial obligations of the rakyat is merely delaying the inevitable. Tan said currently, many factories are running out of supplies from second and third tier vendors, as they were not allowed to operate.
He said the wage subsidy should apply to those earning beyond RM4,000, too, saying subsidising those earning below that amount would not sustain a business. He said after the MCO, the government should hasten the outstanding GST refunds and other government procurement payments outstanding.