KUALA LUMPUR MALAYSIA (CU)_ there was concern expressed from the European Union – Malaysian Chamber of Commerce (EuroCham) that with Malaysia looking at a second strict lockdown that the country will not be able to sustain its economy.
“We hope that the government will look into the matter with great consideration (amid growing concern of a potential second strict lockdown),” was said by Sven Schneider today as the most affected by COVID -19 are the commercial and industrial hubs of the country.
While Eurocham Malaysia sees COVID – 19 as a public health threat and agrees that the country need to be careful they are not supporting a full lockdown as it would not help Malaysia’s already recovering economy.
“Among the many challenges most businesses faced during the full lockdown were substantial revenue and financial losses, logistics challenges and supply chain interruptions as well as retrenchments, to name a few,” Schneider commented. As businesses were still recovering and trying their best to recuperate and plan out their growth from the first lockdown.
The government has set certain SOP’s for the business to use after the first lockdown they faced due to the pandemic. Companies have adopted even stricter rules than what was given by the government in their offices so that the staff is in a safe working environment and is not at risk.
Schneider goes on to state that there has been positive development and because of this EuroCham feels rather than Malaysia going in for a complete lockdown they could have a more individual Conditional Movement Control Order (CMCO) that will help the government implied SOP’s in keeping the staff safe and the business running to help build up a crashed economy.
