AS the nation is fighting a tough battle against the raging Covid-19 pandemic, three particular news items have caught the attention of investors as it has brought to life the issues that have been bugging the country for a long time.
The first was the news report that downgraded Malaysia to tier-3 in this year’s US State Department’s Trafficking in Person report.
Second, was the strongly worded comments from several trade groups from various chambers of commerce that have called upon the government to better handle the current Covid-19 protocols as communication on standard operating procedures (SOPs) remained unclear and not targeted. The group also highlighted that they are rethinking their investment decisions in Malaysia.
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I WOULD like to applaud the government for having a roadmap via Pelan Pemulihan Negara. We have heard many comments on this plan.
Some are positive but many are negative due to the lack of details. However, you must appreciate some details of the plan are being explained via different ministries and National Security Council announcements, in the last few days.
It is demotivating to read from The Economist normalcy index that Malaysia is projected to be the last to recover from the pandemic among the 50 largest economies.
We hope that the list will be updated in August when our daily vaccination rates are optimised, as announced by Minister of Science, Technology and Innovation Khairy Jamaluddin, the minister in charge of vaccinations.