Page 4 - மலேசியா சில்லறை சங்கிலி சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Group proposes vaccine dividend to boost Covid-19 inoculation rates, calls for end to district-wide lockdowns in Selangor | Malaysia
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In urgent plea, businesses ask Selangor MB for targeted lockdown of buildings instead of districts; demand fair share of Covid-19 vaccine | Malaysia
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Allow us to resume operations appeals grow louder
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PETALING JAYA: While many businesses are relieved to be thrown a lifeline in the form of the six-month loan repayment moratorium, they are pleading with the banks to consider lowering the interest rate.
Businesses, especially SMEs and micro enterprises, feel they have no choice but to opt for the moratorium as this will allow them to take a breather from shouldering the heavy cost of keeping the business running amid Covid-19 movement restrictions.
“They have no choice because to continue, they need to pay workers’ wages, rentals and licence fees, ” said Malaysia Retail Chain Association (MRCA) president Shirley Tay.
She said those who opted for the moratorium might have to think about paying the interest in the next six months.