SMEs and Gig Economy to bear the brunt of MCO

SMEs and Gig Economy to bear the brunt of MCO

The IT inductry is facing a difficult situation currently for businesses and employees, but it is particularly challenging for small and medium enterprises (SMEs) and those in the gig economy. While most of these smaller businesses and self-employed individuals would agree that the Movement Control Order (MCO) is necessary to stem the spread of Covid-19 in the country, but they cannot help but be concerned should it be extended beyond two weeks.

An owner of an engineering outfit that works on a project basis mentioned that his 20-man SME company will be fine working from home for two weeks of MCO. […] Read more