SME Association president Michael Kang: “We do not agree to having travel bans between states and districts to go on. It is affecting businesses badly. The SME industry is against this decision. The health of people is important but livelihoods should also be taken care of. ”
KUALA LUMPUR: Small businesses are not in favour of any continued travel restrictions even as the country kicks off its immunisation programme.
SMEs hope that the government can, instead, come up with a more viable solution that will enable the economy to keep running and for more sectors to reopen.
“We do not agree to having travel bans between states and districts to go on. It is affecting businesses badly. The SME industry is against this decision. The health of people is important but livelihoods should also be taken care of, ” said SME Association of Malaysia president Datuk Michael Kang.
Covid-19: Number of active cases in M sia decreased over 40% in the past two weeks, says Health Ministry
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12:59 PM MYT KUALA LUMPUR: Bursa Malaysia advanced on a relief rebound on Tuesday following the Health Director General s comment that there probably would not be an further extension of the movement control order past Feb 4.
At 12.30pm, the FBM KLCI was up 8.07 points to 1,584.68, after having risen to a high of 1,609.19 earlier in the day.
Tan Sri Dr Noor Hisham Abdullah said yesterday the current extension of the MCO should reduce the number of coronavirus case numbers to bring the country back to a conditional movement control order by February.
Investors saw this as a sign that the recent selling on the stock exchange has been overdone, leading to a bout of bargain-hunting.