Malaysia: Many SMEs closed down during pandemic | World

Micro-enterprises make up the bulk of the SME sector at 78.4 percent. (Photo: The Malaysian Insight)

Hanoi (VNA) – About 15 percent of micro-,
small- and medium-sized enterprises (MSMEs) in Malaysia were temporarily closed
due to a lack of funds stemming from the COVID-19 epidemic.

The Malaysian Insight cited Ding Hong Sing, President
of the SME Association of Malaysia, as saying that there…