Employees and MSMEs will suffer with insurance premium hikes, says MEF
PETALING JAYA: A proposed surge in insurance premiums could severely impact businesses, particularly micro, small and medium-sized enterprises (MSMEs), says the Malaysian Employers Federation (MEF). Its president Datuk Dr Syed Hussain Syed Husman said any cost increase could greatly strain working capital, hinder cash flows, and discourage crucial investments in digitalisation, tech adoption and operational expansions. "Such...