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Get EMCO replaced with targeted lockdowns, retailer groups tell Selangor MB

Get EMCO replaced with targeted lockdowns, retailer groups tell Selangor MB The Edge 16 hrs ago Timothy Achariam © Provided by The Edge KUALA LUMPUR (July 10): The Malaysia Shopping Malls Association (PPK) and other retailer groups have urged the Selangor menteri besar to step in to help get the Enhanced Movement Control Order (EMCO) imposed in the state replaced with targeted lockdowns. In an open letter to Datuk Seri Amirudin Shari, the groups called for a rethinking of the decision to put almost the entire state under EMCO. “This sledgehammer approach unnecessarily harms and destroys lives and livelihoods in areas where the incidence of the pandemic is within control,” they said.

Consider lower bank interest rate

PETALING JAYA: While many businesses are relieved to be thrown a lifeline in the form of the six-month loan repayment moratorium, they are pleading with the banks to consider lowering the interest rate. Businesses, especially SMEs and micro enterprises, feel they have no choice but to opt for the moratorium as this will allow them to take a breather from shouldering the heavy cost of keeping the business running amid Covid-19 movement restrictions. “They have no choice because to continue, they need to pay workers’ wages, rentals and licence fees, ” said Malaysia Retail Chain Association (MRCA) president Shirley Tay. She said those who opted for the moratorium might have to think about paying the interest in the next six months.

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