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PM Announces Almost All Economic Sectors & Business Activities Can Reopen Starting May 4

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PM Announces Almost All Economic Sectors & Business Activities Can Reopen Starting May 4
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PM Announces Almost All Economic Sectors & Business Activities Can Reopen Starting May 4

Prime Minister, Tan Sri Muhyiddin Yassin reveals that the country would lose nearly RM100 billion if the MCO extended for another month

01/05/2020
WargaBizbyWargaBiz
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Almost all economic sectors and business activities will be allowed to resume starting May 4. However, it is subjected to conditions and standard operation procedure set by the government.

The announcement was made today, May 1,2020 by Tan Sri Muhyiddin Yassin in conjunction with Labour Day. According to Muhyiddin Yassin, the decision is made following advice from the Health Ministry and after lengthy discussions during the Economic Action Council, National Security Council and Cabinet Meeting.

The government can no longer afford to carry on with the extended MCO imposed on businesses

economic

He said that the government has been suffering RM2.4 billion in losses daily during the MCO. Throughout the implementation of MCO, the government has lost an estimated RM63 billion, adding that the country would lose nearly RM100 billion if the MCO extended for another month.

“Based on advice from the Ministry of Health (MOH), and based on collected data, and the best practice guide stipulated by the World Health Organisation (WHO), the government has decided to reopen economic sectors cautiously, by implementing stringent health standard operating procedures (SOPs), beginning May 4.

The government has clear and definite plans to fight Covid-19 and tackle the economic crisis with six strategies

PM Announces Almost All Economic Sectors & Business Activities Can Reopen Starting May 4

“I am saying almost all because there will be industries and businesses that will not be allowed to operate. These are businesses that involves the presence of a lot of people where body contact and social distancing will be difficult to exercise.”

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In his speech, he included that the government has built economic resilience through the Prihatin economic stimulus package and with plans to restart the economy systematically. The government will put in place an economic recovery strategy in facing the new normal and is ready to restart the economy.

“We will also revitalise the economy and reform the economic structure that will allow all of you to step into a new era,” he said.

However, mass gathering and and activities exposing the public to the risk of being infected will still not be allowed

economic

The government will also enforce the enhanced MCO in areas where the number of Covid-19 positive cases are high. He is aware that after two months of undergoing MCO, many are eager to go back to work and for traders to restart their businesses as livelihood is affected.

“At the same time, many are also concerned that if the order is lifted, there is a possibility of a new outbreak.”

“I know you are worried. I am too. We must find a way to balance the need for the economy to recover and the importance to contain Covid-19,” he said.

To check whether your business may resume as usual or not, you may obtain the full list of businesses and activities at the National Security Council website www.mkn.gov.my

To advertise your business, product or brand here please contact Samson 012-5220789 / email us samson@wargabiz.com.my

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