Covid-19 & MCO in Malaysia
As the novel coronavirus disease
("COVID-19") spread across nations, many
countries have imposed drastic measures including declaring state
of emergency, locking down their countries and shutting down or
limiting movement of their people and operations of non-essential
sectors and industries.
At the time of writing, the Malaysian government has shut down
all government and private businesses except for essential services
like food and healthcare until 14 April 2020.
Business cooperation during Covid-19 may raise competition
issues
In Malaysia, small and medium enterprises (SMEs), which
contribute more than two thirds of the country's employment and
approximately 40 percent of the economy are suffering the brunt of
the MCO. SMEs generally have poorer access to capital markets,
financial resources, limited cost savings advantage, enjoy less
favorable trading conditions and do not benefit from economies of
scale.
