Malaysian companies call for the economy to reopen

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Hundreds of Malaysian business organisations have asked the government to reopen the economy, claiming that a four-week “full” shutdown to cope with Covid-19 has failed to achieve government objectives for moving into a more relaxed second phase.
Industries Unite (IU), a coalition of 112 industry groups representing over 3 million enterprises that have been mostly halted since June 1, announced on Saturday (June 26) that its members had “lost faith” in the government’s four-phase recovery plan.
According to Prime Minister Muhyiddin Yassin’s departure strategy, most companies were expected to reopen by the end of August, which was announced earlier this month.
The current immunisation rates and daily Covid-19 levels, according to IU, do not inspire confidence that the objectives will be fulfilled.
Malaysia is in the first phase of the departure plan, and it has failed to fulfil its own goals to go to the second. On Saturday, the country registered 5,803 new illnesses, 26 days into the 28-day “full” Movement Control Order.
This is significantly more than the 4,000-case requirement for moving to the second phase.
In addition, the government was unable to vaccinate 10% of the population as anticipated adequately. So yet, just around 6% of the population has been fully vaccinated.

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