73 pct of SMEs in S’wak expected to register losses due to Covid-19, says Awang Tengah

73 pct of SMEs in S’wak expected to register losses due to Covid-19, says Awang Tengah

The Borneo Post - News·2020-11-13 16:02

KUCHING (Nov 13): About 73 per cent of small and medium enterprises (SMEs) in Sarawak are expected to register losses this year due to the economic repercussions resulting from the Covid-19 pandemic, said Deputy Chief Minister Datuk Amar Awang Tengah Ali Hasan.

The Minister of International Trade and Industry, Industrial Terminal and Entrepreneur Development said the SMEs had to adopt strategies to survive in new business landscapes by embracing digitalisation for their business operation to address challenges.

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