The Private Sector of Jamaica (PSOJ) has advised members of the small-and medium-sized enterprises (SMEs) to enforce sound business practices in the wake of the novel coronavirus disease (COVID-19), highlighting it as a vulnerable time for the sector.

According to PSOJ President Keith Duncan who is also the chairman of the entity’s access to finance panel, SME’s are critical players in the country’s product and service supply chain.

“SMEs are key players in every aspect of the economy; in particular, they are employers of a major portion of the population. It is critical that SMEs remain operational in the event of closures and are in a position to quickly retool and serve their markets,” he said.

http://www.jamaicaobserver.com/business-observer/psoj-urges-smes_189871