SME Show: Don’t wait for candies – pivot to survive or risk closure

Yap Keng Teck, National VP of the SME Association of Malaysia and Managing Consultant of Bizsphere of Brand & Marketing Group, shares his views on how SMEs should learn to pivot and not wait for government support to survive, and he also advises SMEs to be more receptive to government programmes.

He also talks on what SMEs are looking for in Budget 2021.

Follow the time stamps below:

0:01:03 What has been the SMEs grievances when they approach banks to reschedule or restructure their loans or financing?

0:06:14 The recent rise in Covid cases and the current fluidity of our political scenario have raised market uncertainties and risks, what have you been hearing on the ground from SMEs?

0:08:25 What are the best practices that you have seen worked during the pandemic?

0:12:44 Besides the government initiatives, What have they been doing to help themselves?

0:15:56 What are SMEs hoping for from Budget 2021?

0:26:18 Words of wisdom for SMEs

Presented By: Sharon Chang