Publication: Accelerating The Performance Of SME Business In Malaysia During Covid-19 Pandemic Crisis
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Date
2020-10-15
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Publisher
Universiti Sains Islam Malaysia
Abstract
The Covid-19 coronavirus pandemic is a human tragedy affecting tons of people around the world. The outbreak of the Covid-19 pandemic, and the following Movement Control Order (MCO), is driving the community to embrace a new norm and to speedily adapt to new ways of lifestyles. Therefore, economist predict the stagnation of economic activities momentum started from March 2020 onwards without a specific ending date (Segel & Gerstel 2020). The outbreak imposed negative impacts on global economy, industries and also business community. Small and medium enterprises (SME's) are among the hardest hit following the application of the new norm, the Covid-19 and the MCO, back to March 2020. Based on the recently study, the COVID-19 pandemic and the movement control order (MCO) that imposed by the government due to this pandemic also had given negative impact towards the small and medium enterprises (SMEs) (Raflis, Suraiya & Abdullah, 2020). Therefore, the study mainly highlights on the factors that would accelerate the performance of SMEs during the COVID-19 pandemic, hence would help SME to survive.
Description
3 rd INTERNATIONAL SEMINAR ON ISLAM AND SCIENCE 2020 (SAIS 2020)
COVID-19: IMPLICATION, IMPACT AND SOLUTION
Date: 15 October 2020
Organized by: Persatuan Kakitangan Akademik USIM (PKAUSIM)
In Collaboration with: International Halal and Fatwa Centre (iFFAH) &
Fakulti Syariah dan Undang-Undang (FSU)
Keywords
COVID-19, SME, performance.