Totally. Music, live events, rental companies are affected the worst. We're the ones that got affected first and unfortunately we're the ones that might recover the last as the government gradually loosen up the rules. I know quite a few have sent their employees home, trying to negotiate payments with vendors, selling assets, and even temporarily switched to a different business (from equipment rental to 'nasi kotak'/catering) just to survive.
No government assistance whatsoever either. Banks still ask to make payments, and laughable reduction in interests.