Financial Digest

Sabah SMEs hoping for wage subsidy extension, better promotion of locally-produced goods

  • 📰 staronline
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 75%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

KOTA KINABALU: Small and medium enterprises (SME) in Sabah hope to see an extension of wage subsidies and better promotion of locally-produced goods to keep the economy afloat.

SME Association of Sabah president Foo Ngee Kee said with the national recovery plan in place, these should be some of the areas looked at to help businesses.

Foo said the government could help by promoting the"buy local" campaign, so local producers can get sell their products faster to a wider spectrum of the market, which indirectly boosts economic growth as well. "Financially-stronger banks can also consider allowing moratoriums and loan repayment discounts for targeted customers," Foo said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wake-up call for SMEs to survive in post-pandemic era | The Malaysian InsightIndustry leader says over-reliance on cheap labour, unwillingness to embrace digital economy holding sector back.
Source: msianinsight - 🏆 8. / 63 Read more »