PETALING JAYA: Malaysia will head into a full lockdown starting tomorrow for at least two weeks, with its effects seen as acute on employment and business activity in the weeks ahead.
The government has said that a fresh stimulus package for households and industries is forthcoming but experts debate on whether it would have a significant effect of mitigating the impact of a full lockdown on the economy.
During the first movement control order (MCO) that began in March 2020, the Malaysian economy lost about RM2.4bil on average a day.
About 2.8 million high-risk informal workers lost their jobs while the economy plunged by 17.2% year-on-year (y-o-y) in the second quarter (Q2) of 2020. The first MCO lasted for 47 days or nearly 7 weeks.
PETALING JAYA: It is the prerogative of the management of a company to decide the 40% of employees who get to work from home (WFH) under a government directive, says the Malaysian Employers Federation (MEF).
KUALA LUMPUR: The government’s decision to impose full lockdown is a bitter pill for employers to swallow but it is necessary to flatten the rising tr.
KUALA LUMPUR, May 28 The Malaysian Employers Federation (MEF) has asked the government to allow private sector employers to help reaching a wider public for the mass vaccination campaigns in the quest to curb Covid-19. President Datuk Syed Hussain Syed Husman said the federation and the private.
Experts agree appropriate measures needed to save lives and livelihood Pix for representational purpose only.
PETALING JAYA: The level of restrictions needed to curb the Covid-19 pandemic has been the subject of a major debate since the first movement control order (MCO 1.0) was imposed in March last year.
For healthcare workers, a full lockdown works best to save lives. On the other hand, businesses fear it will cause unrepairable damage to the economy and livelihood.
Lately, the two sides seem to have come to terms with the fact that too little of one and too much of the other will not do any good.