3rd October 2020 1. General situation On 16th March 2020, the Malaysian Prime Minister Muhyiddin Yassin made a televised speech and announced a Movement Control Order (MCO) for Malaysia, as a preventive measure in response to the COVID-19 pandemic in the country. Since then, Malaysia went through 6 Phases of Movement Control Order, with all the […]
1st October 2020 The severity of the COVID-19 impact on business is unprecedented. Weak economic and financial results, demand cut-backs, supply chain disruptions and knock-on effects of troubled sectors on employment are challenging most economies, including Malaysia’s. Against this backdrop, EY initiated the COVID-19: Business impact survey to understand: The impact of COVID-19 and the […]
22nd September 2020 The onslaught of the COVID-19 pandemic hasn’t been too friendly to businesses spanning multiple sectors across Asia. Shifting consumer behavior, preferences, and trends have forced businesses to adapt, often sailing against the wind in order to build resilience with the uncertain times, as opposed to sailing with the wind and becoming complacent. But a new report […]