Insight – SMEs incur extensive damage from floods

OF the 35% of small and medium-sized enterprises (SMEs) in Kuala Lumpur and Selangor, the most severely affected by floods are those in Klang, Shah Alam and Ulu Langat.

While a few commercial banks and the Credit Guarantee Corp (CGC) have come up with disaster relief loans, online marketplaces like Shopee and…