KUALA LUMPUR: Several businesses in Malaysia that are unable to function as usual due to the Covid-19 pandemic, Datuk Seri Wan Junaidi Tuanku Jaafar, Minister of Entrepreneur Growth and Cooperatives, said.
He said that the Movement Control Order (MCO) has given a badly hit to the country’s economy. Especially in the early stages, and even under the conditional MCO it still feels the effect.
In a bid to curb the spread of the Covid-19 virus, the businesses Malaysia still unable to function. And its economy has also suffered billions of ringgit in losses due to the MCO.
“Despite the Malaysia government allows a parts of the economy to reopen, some companies are still unable to function”. During the launch of Bank Rakyat’s new vision and mission, Wan Junaidi said that.
During the pandemic, he said, people lost their jobs and livelihoods.
Because of this, Wan Junaidi said that understanding the problems facing this community of people/business was essential for government agencies and banks.
“They have to act quickly to protect the groups that are still affected by the pandemic more so, the Bottom 40 percent (B40) of society,” he said.
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