AUGUST 14 Even though the Emergency hasn’t been extended, the country is still in a state of economic emergency with the epidemic as requiring public health emergency measures continuing to ravage the country with 21,668 cases reported on August 12 representing the highest so far..
Furniture industry should join RIVac programme, says minister | Malaysia malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Many may have to close shop if lockdown is prolonged Pix for representational purpose only.
PETALING JAYA: Many furniture making companies are likely to go under if the work stoppage continues for much longer.
The industry has already lost RM1.6 billion since the enhanced movement control order (EMCO) was imposed and their factories barred from operating from June 1.
To illustrate the extent of the damage individual companies are suffering, the Malaysian Furniture Council cited the case of a manufacturer that has already had RM2 million worth of orders cancelled since last month.
A spokesman for the council estimated that the industry could lose up to RM1 billion a month if the situation does not improve. “The losses will accumulate as long as the lockdown is prolonged,” he told
Furniture industry has lost more than RM 1 6 billion so far, says MFC thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
GEORGE TOWN: The logging industry should be reopened as the furniture export sector has been reopened under Phase Two of the National Recovery Plan (NRP), says the Malaysian Furniture Council (MFC). Our immediate concern now is that the 4,000 members under our umbrella could face a crunch if they run out of stock after clearing what they have, said MFC president Khoo Yeow Chong.
He added that the shutdown of the industry for over a month created major issues, as many of the 30,000 workers had moved to the manufacturing sector seeking employment. As such the government must look into opening up the upstream industry of logging and the timber business as it is essential for the furniture industry, said Khoo.