Nearly 2,000 sports related companies shuttered since last year, says Ti | TheStarTV.com

Nearly 2,000 sports related companies shuttered since last year, says Ti

Published on 28 Sep 2021 2:45:20 PM

Deputy Youth and Sports Minister Datuk Seri Ti Lian Ker said almost 2,000 sports-related companies were forced to wind up operations due to severe financial constraints brought about by the Covid-19 pandemic.

To assist cash-strapped business operators, Ti said the ministry had announced several initiatives on July 5, which included a one-off cash aid of RM3,000 under Geran Prihatin Industri Sukan, where about 6,000 registered sports-related companies will receive aid amounting to RM18mil.

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Keywords
sports related companies, wind up, operations, financial constraints, covid 19 pandemic, ti lian ker, aid, parliament

Deputy Youth and Sports Minister Datuk Seri Ti Lian Ker said almost 2,000 sports-related companies were forced to wind up operations due to severe financial constraints brought about by the Covid-19 pandemic.

To assist cash-strapped business operators, Ti said the ministry had announced several initiatives on July 5, which included a one-off cash aid of RM3,000 under Geran Prihatin Industri Sukan, where about 6,000 registered sports-related companies will receive aid amounting to RM18mil.

Read more at https://bit.ly/3CRYhDP

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
sports related companies, wind up, operations, financial constraints, covid 19 pandemic, ti lian ker, aid, parliament

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