Mixed responses from SMEs on budget 2021

SME Association of Malaysia president Datuk Michael Kang in view that Budget 2021 need targeted fund and effort to help SMEs and does not think the budget will have big impact on SMEs. EY partner and private tax and financial services leader Bernard Yap in the opinion that One of the things that stakeholders are satisfied with in Budget 2021 is the ongoing focus on automation and digitalization. The government is looking at long-term productivity through the use of new technology to accelerate the transformation towards a high-income economy. What’s your view ? 

Below is the article published by The Star.

PETALING JAYA: With 2020 taking on a decidedly disappointing turn for businesses, small and medium enterprise (SMEs) were counting on Budget 2021 for more support to survive the current challenging economy and be positioned for recovery.

SME Association of Malaysia president Datuk Michael Kang

SME Association of Malaysia president Datuk Michael Kang believes the focus on helping SMEs to survive this pandemic and transform is not there.

 

Article source: https://www.thestar.com.my/business/business-news/2020/11/07/mixed-responses-from-smes-on-the-budget