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The mirage of economic recovery | The Malaysian Insight

The mirage of economic recovery | The Malaysian Insight
themalaysianinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianinsight.com Daily Mail and Mail on Sunday newspapers.

Medac: RM40 7b losses last year were the biggest losses in the MSME sector so far | Malaysia

Thursday, 29 Jul 2021 01:40 PM MYT Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar is pictured at Parliament, Kuala Lumpur July 29, 2021. Bernama pic Follow us on Instagram and subscribe to our Telegram channel for the latest updates. KUALA LUMPUR, July 29 ― The total of RM40.7 billion losses last year from the micro, small and medium enterprises (MSME) sector as a result of a nationwide strict lockdown order imposed by the government to tackle the Covid-19 issue were by far the biggest ever losses incurred by the sector. Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said this is a strong indication on how much the entrepreneurs are suffering from not being able to conduct their businesses.

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