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More aid for Malaysian SMEs as Muhyiddin unveils additional RM10 billion package amid COVID-19

KUALA LUMPUR: The Malaysian government on Monday (Apr 6) announced an additional stimulus package worth RM10 billion (US$2.3 billion) to help struggling small- and medium-size enterprises (SMEs) affected by the COVID-19 outbreak.

In a live televised address, Prime Minister Muhyiddin Yassin noted that SMEs contributed to 40 per cent of the economy, adding that it was therefore necessary to sustain the companies through these trying times.  



“Firstly, the allocation

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