As we all know/predicted, on the 23rd April, our Malaysian Government has announced the extension of the movement control order (MCO) of Malaysia till the 12th May. Making it 8 weeks total to break the chain of virus transmission. Following suit, our state government will be complying to this order.
Our PM also added that there is a chance of extension after 12th May as well depending on the number of cases at that time. This will certainly effect those that would want to travel back to their kampung for the festive season but let’s all follow the MCO and really drop the numbers so that the MCO will not be prolonged. We must look at the longer term and the bigger picture.
With this extension, Kuchingnites, especially those petty and micro businesses (roadside stalls, hawker stalls, wet market sellers and more) are disheartened. Why? this means that income will be at an all time low nearing zero till business can resume normally by the end of the month.
This is not just about making money or profits, but not being to operate for 6 weeks ontop of business commitments, (wages, rental, credited stocks, depreciating stocks) are eating up small business owners bank account. Not all business owner may have saving capital enough to tank these few weeks.
To rub salt into the wound, if the business owner is unable to pay wages, they may have to let go of their employees. So unemployment may be the next crisis coming from the Covid-19.
It is not all grim and sad news, our federal and state government cares for us. On top of what most people know and even receive already, the Bantuan Prihatin Nasional (BPN) our Sarawak government has also step up in this time of need and help business to hold on a few weeks more.
They introduced “Bantuan Khas Sarawakku Sayang (BKSS)” to assist small, medium, micro enterprises, hawkers and petty traders to sustain socioeconomic wellbeing.
The highlight from BKSS is giving cash to hawkers and petty traders, 0% interest loan from banks, waiving off rental from Government Link Companies and much more
Below is the PDF link you can download to read the full details
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