Sales down 30% because of shutdowns, manpower shortage

PETALING JAYA: Lockdowns and manpower shortages have shrunk local small and medium enterprises’ (SMEs) sales by 30%, The Malaysian Insight reports.

The group said current sales figures are even lower than pre-pandemic levels.

SME Association of Malaysia president Ding Hong Sing reportedly said the movement control orders (MCOs) from March 2020 to last year were the main factors for the…

Source link

About mysme

Check Also

Fiscal reforms strengthened foreign investors’ confidence in Malaysia, says MOF

KUALA LUMPUR (April 17): Fiscal reforms implemented by the government have further strengthened foreign investors’ …

Leave a Reply

Your email address will not be published. Required fields are marked *