SMEs urge new Cabinet to focus on business-friendly policies

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They say more emphasis is needed on domestic direct investments. FMTNews Covid19

PETALING JAYA: Small to medium-sized enterprises have urged the government to focus on domestic direct investments and more business-friendly policies following Muhyiddin Yassin’s announcement of his new Cabinet earlier this week.

The Small and Medium Enterprises Association meanwhile voiced hope that the Cabinet would help alleviate concerns within the business community, exacerbated by the Covid-19 outbreak and recent political turmoil. “Needless to say, Covid-19 has made the situation critical for our SMEs which are already operating in an uncertain political climate amid razor-thin margins,” he added.

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