THE extension of the Recovery Movement Control Order (RMCO), which is considered to be a necessary step to safeguard the people’s health and safety, is expected to adversely impact the economy.Assoc Prof Dr Baharom Abdul Hamid, director of the research management centre at the International Centre for Education in Islamic Finance, said the extension of the RMCO may be counter productive for the economy, especially since the country recorded consecutive negative growth in the previous two economic quarters.“Extending the RMCO would definitely be counterproductive and economically restrictive. We need to ensure proper growth room, especially as we are now officially under recession due to negative growth in the past two quarters.
Pemulih a relief for households, SMEs, say eonomists thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: The Malaysian Human Rights Commission (Suhakam) will resume a public inquiry into the disappearances of Joshua Helmi and Ruth Sitepu on Friday (June 11), five months after its last hearing was held.
KUALA LUMPUR – It cannot be denied that the bitter episode of the COVID-19 pandemic that hit the country since January last year has had a profound effect and affected the economy and lives of the people.
The government acted promptly by enforcing the Movement Control Order (MCO) on March 18 last year, as well as other measures, covering all sectors, to minimise the negative impact of the pandemic on the country and to protect the people.
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The proactive steps taken by the government under the leadership of Prime Minister Tan Sri Muhyiddin Yassin, which emphasised interests of all sectors and the people from all walks of life and age, since a year ago clearly showed its commitment and concern in safeguarding the people’s interests and that of players in the economic industry through various stimulus packages.
Covid-19 vaccine the best way to stimulate economy theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.