1/3 of SMEOnly Have Enough Cashflow For Expenses March 2020

31-Mar-20 12:30

1/3 of SMEOnly Have Enough Cashflow For Expenses March 2020

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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.

Produced by: Jeff Sandhu

Presented by: Richard Bradbury, Arvindh Yuvaraj and Christine Wong

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Categories: Business Analysis, Trends and Forecasts, Markets, Personal Finance, Investments, Financial Literacy, Young Finance, Personal Development, Entrepreneurship, SME

Tags: sme, cashflow, covid-19, salaries, mco,

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