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Showing posts from February, 2021

How SME overcame the challenges of COVID-19?

  The COVID-19 pandemic has cause global health emergencies, and a global economic slowdown. Trade, investment, and employment are all been affected, and the crisis will have an impact on economy. The development of COVID-19 outbreaks affects various sectors with a scale of loss that tend to be very broad and in different sector. The sectors most affected are trade, tourism, transportation, education, and health. Small and Medium Enterprise (SME) are the most threatened group of entity because they may not have the resources to survive the crisis.     The first challenges that SME facing is their sales without any doubt. Many businesses were forced to shut down during this pandemic after the government-imposed MCO / Circuit-Breaker restrictions and lockdown.  For businesses that were able to operate or re-emerge today, many are facing significant challenges complying with the requirements ordered by the government and health authorities. Moreover, the physical store’s sales might