Monday, 10 May 2021 09:25 AM MYT
BY JERRY CHOONG
A general view outside the Sogo complex during the three-day closure for premises flagged as potential hotspots under the government’s Hotspot Identification for Dynamic Engagement system in Kuala Lumpur, May 9, 2021. Picture by Firdaus Lati
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KUALA LUMPUR, May 10 The implementation of another movement control order (MCO) could lead to devastating decline of the sales industry, retailers’ groups have said.
The
Malaysian Reserve quoted Malaysia Retain Chain Association (MRCA) president Shirley Tay said that many were already struggling to recover from the effects of the earlier MCOs.
DUE to the Covid-19 pandemic and the resulting lockdowns in 2020, retail businesses had to scramble to go online in order to regain sales and survive, while work-from-home workers adapted to shopping online.
Lazada Malaysia chief marketing officer Diana Boo noted that the online shopping platform saw a 300% increase in new sellers on-board last year, via its Pakej Kedai Pintar stimulus plan which aimed to assist local small and medium enterprises (SMEs) to sell online.
“The overall digital economy has grown. We’re not the only e-commerce platform. There are many small businesses that have gone online. And even after the movement control order (MCO) was lifted, consumers continue to stay online, ” said Boo at the Smart Retail: Powering Nation’s Digital Economy two-day live virtual conference, held at end-March.
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PETALING JAYA: With economic recovery and balancing lives and livelihood as the utmost national priority, business groups say Putrajaya has done well so far in charting the right course for the country.
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