FMM In the News: THE STAR, PETALING JAYA, Friday, January 8, 2021 - There are worries that a second full lockdown due to Covid-19 can severely weaken businesses and the nation’s economy within months, says Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.
“Based on feedback from members, a lockdown of four weeks and more will render business sustainability down to between one and three months only, ” he said.
With several major states being the hub and heart of the nation’s economy, he noted that there were fears that a total lockdown would affect the business sector and economy.
FMM, he said, supported targeted conditional movement control order with stricter localised standard operating procedure and restrictions as a means to curb the spread of the virus.