MELAKA: Another wave of resignations has hit Parti Pribumi Bersatu Malaysia (Bersatu) when the national secretary and state chief of the party women's wing (Srikandi) relinquished all her posts.
Expect double-digit contraction in 2Q GDP themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
Staff of SS2 Nasi Kayu Kandar putting up the notice of Operating hour from 8am - 8pm start from 25 May 2021. Due to New SOP of the standard operating procedure for MCO 3.0 ( MAY 23, 2021 ). - ART CHEN/The Star
Economy
MIDF Research economist Mazlina Abdul Rahman said the projected daily output loss to Malaysia s economy due to a full-scale MCO would be around RM500mil to RM600mil.
This estimate was based on the assumption the full-scale MCO in Selangor will be as strict as the first MCO in March last year where more than 50% of the economic sector was shut down and only selected essential economic sectors were allowed to operate.
In a Facebook post, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said the country’s economic growth and the fate of the vulnerable group should not be sacrificed in Malaysia’s efforts in combating Covid-19.
PETALING JAYA: The rising Covid-19 cases in Selangor are putting the government in a limbo as it may soon be forced to seek a balance between lives and livelihood.
A full-fledged movement control order (MCO) for the state that is being considered by the Health Ministry is bound to lead to economic stress and the aftermath cleanup will be another major hurdle.
As Malaysia’s most developed state, Selangor is the largest contributor to Malaysia’s gross domestic product (GDP) at around 24%.
Granting SMEs peace of mind 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.