The SME Association of Malaysia (SME Malaysia) in partnership with Bizsphere Brand & Marketing Group (Bizsphere) launched a survey on 29th March evening and had attracted 15,627 SME responses in less than 18 hours.
The survey titled “Business Sustainability of SMEs During Covid-19 Crisis” was initiated to gauge the sustainability of Malaysia SMEs during the COVID-19 crisis and impact from Movement Control Order (MCO).
The results were worrying, only 1/3 of SMEs have enough cashflow for March expenses.
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