MCO extension will lead to 20% job losses, warns SME group
Small and medium enterprises make up 98% of firms in Malaysia and employ up to 4.8 million people. – The Malaysian Insight file pic, April 13, 2020.
MANY small and medium enterprises owners said they will have to lay off workers to stem losses after movement curbs to curtail the spread of Covid-19 were extended again. With SMEs accounting for about 98% of Malaysia’s enterprises, this means an impending wave of unemployment, said SME Association of Malaysia president Michael Kang.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
No MCO song and dance: Nine nabbed in Penang for defying MCO with karaoke partyGEORGE TOWN: Police have arrested nine people, including two Indonesian women, for defying the movement control order (MCO) by partying at a karaoke centre at Jalan Burma here.
Read more »
Barbers’ group disagrees with operating under MCO | The Malaysian InsightThey say it is not possible for barbers to keep their distance if they are to do their jobs.
Read more »
'Mat Salleh' explores traditional Malay culture during MCONSTnation Instead of being idle, Adam, who is fondly known as Adam Mat Salleh, spent his time with his wife learning to cook authentic Malay dishes and playing traditional games.
Read more »
LETTER | Additional measures during MCO phase 3We must usher in a 'new normal' to care for citizens while ensuring that we fully eradicate Covid-19.
Read more »
Govt allows more businesses, like hair salon, optometry, to open during MCOPETALING JAYA: The government will allow an additional list of businesses to operate during the movement control order (MCO), but the health and safety of workers remains a top priority, says Senior Minister Datuk Seri Azmin Ali.
Read more »
PKR youth chief opposes govt nod for barbers to open during MCO | The Malaysian InsightWe must not jeopardise efforts of medical frontliners battling Covid-19, says Akmal Nasrullah Mohd Nasir.
Read more »