NEWS

Economists: Loan moratorium a relief but SMEs need more to weather income loss

Annabelle Lee

Published
Modified 25 Mar 2020, 10:04 am
4

CORONAVIRUS | Economists welcome the six-month moratorium on loan repayments as it will provide short-term relief for those hardest hit by the movement control order - small and medium enterprises (SMEs).

The move will help preserve jobs and prevent bankruptcies, but experts hope for more initiatives in the government’s upcoming stimulus package to help firms in the longer term...

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