Almost All Businesses in Malaysia to Open on May 4

  • 2020-05-01 12:00:00
  • Reporter

Malaysia’s Prime Minister Tan Sri Muhyiddin Yassin announced in a Labour Day address on May 1, that almost all economic sectors and businesses would be allowed to reopen in the country on May 4, subject to strict conditions in what is termed a Conditional Movement Control Order (CMCO).

Mr Muhyiddin said that the Malaysian government can no longer afford to carry on with the extended movement control order (MCO) imposed on businesses. The country’s economy, like others around the world, has been heavily blown by the coronavirus-inspired lockdowns, or Movement Control Order (MCO), as it is called in Malaysia.

The country has been suffering RM2.4 billion ($558 million) in losses daily during the MCO. Mr Muhyiddin said the losses to date are estimated at RM63 billion ($14.6 billion).

He spoke of the need to find ways to balance between healing the nation’s economy and addressing the coronavirus pandemic. “Based on advice from the Ministry of Health (MOH), and based on collected data, and the best practice guide stipulated by the World Health Organisation (WHO), the government has decided to reopen economic sectors cautiously, by implementing stringent health standard operating procedures (SOPs), beginning May 4,” Malaysia’s Prime Minister said.

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