SMEs request for automatic six-month loan moratorium approval

The Small & Medium Enterprises Association (Samenta) today urged the government to extend the sixth-month loan moratorium automatically to all SMEs instead of allowing banks to deliberate on a case-by-case basis.

Samenta president William Ng (above) said this in a statement in welcoming Prime Minister Muhyiddin Yassin's announcement of the RM150 billion National People's Well-Being and Economic Recovery Package (Pemulih) aid package, noting that it included many of their other suggestions...