Friday, July 18, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

Malaysia Business Reopens as Lockdown Eases

Doddy D. Wahyuwono by Doddy D. Wahyuwono
5 years ago
in Asia News, Politics Issue
malaysia business

©

Malaysia business reopens this week as the government decides to eases coronavirus lockdown in the country. Accordingly, the previously Movement Control Order (MCO) now becomes Conditional Movement Control Order (CMCO).

By reopening businesses, the nation plans to restart the economy which has been suffering since mid-March. Data from the government claim that the daily losses reach RM2.4 billion.

Following the announcement by Prime Minister Tan Sri Muhyiddin Yassin, almost all economic sectors and businesses reopen. However, they have to follow a strict standard operating procedure (SOP).

Various shops including those selling non-essential goods seem to open their stores after halting their business for nearly two months. However, most of the sellers do not expect to receive customers and, instead, they use the opportunity to clean the stores.

RelatedArticle

GameStop Shares Surge Roaring $116 Million Position

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Global Cryptocurrency Tax: Policies and Practices

4 Reasons to Opt for a Local Forex Broker

Besides, they also plan to test the markets after being hiatus for quite some time. Also, they need time to adjust to the new condition.

Also Read: Covid-19 Affected Singapore’s Low and Middle-Income

Malaysia Business Reopening Doesn’t Happen in All States

Malaysia business reopening does not happen in all the states. Some states such as Sabah, Sarawak, Penang have yet to allow business operations in the region.

Among the reason is the fear that early business reopening will cost the country more positive cases. For instance, Kedah wants to ensure that it remains as a green zone before finally deciding to allow business to reopen.

However, Senior Minister of International Trade and Industry Mohamed Azmin Ali warned state governments that they might face legal action by industry players for this decision. He added that the government views the refusal seriously as state governments go against the federal government’s decision.

“Their actions are not founded on lawful authority and are contrary to the policy of the federal government, all the more so in view of the fact that the federal government’s policy has already been made into law and enforceable throughout the country,” he explained.

Also Read: Thailand Plans to Ease Coronavirus Lockdown in May

Tags: businesscoronaviruslockdownMalaysiaMovement Control Order
Doddy D. Wahyuwono

Doddy D. Wahyuwono

“No word matters. But man forgets reality and remembers words.” ― Roger Zelazny

Related Posts

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Indonesia’s New Crypto Regulations: Impact on Local Exchanges

Indonesia crypto regulations. Hedging strategies in Forex Trading. A bar chart with four sections of varying heights. The sections are labeled "23,150," "23,100," "23,050," and likely represent some kind of data or measurement. The title of the chart is most likely "23:150."
by oney
October 13, 2024

Overview of Indonesia's New Crypto Regulations Key Provisions The new regulations introduced by Indonesia's Commodity Futures Trading Regulatory Agency (Bappebti)...

Read more

Global Cryptocurrency Tax: Policies and Practices

role of stablecoins in the crypto ecosystem, diversify your crypto portfolio, how to use a Forex economic calendar. Cryptocurrency Advertisement tax global
by oney
October 4, 2024

The cryptocurrency tax in South Korea South Korean government is setting new tax for cryptocurrency income this year. After Japan, the country...

Read more

4 Reasons to Opt for a Local Forex Broker

Forex Introducing Partner, local forex broker, building confidence as a forex trader
by oney
October 1, 2024

The election of Indonesia’s local forex broker or international forex broker is often confusing for traders. Both of them have...

Read more
Load More
Next Post

Forex Signal Membership is Worth It, A Question

Trending Issues

  • Disciplined trading mindset, technical analysis gold prices. Man counting the money, Math in forex.

    Unlocking Success: Mastering a Disciplined Trading Mindset

    0 shares
    Share 0 Tweet 0
  • Cristiano Ronaldo and His 6 Successful Businesses

    0 shares
    Share 0 Tweet 0
  • 5 K-Dramas to Watch for Some Money Lessons

    0 shares
    Share 0 Tweet 0
  • What is Overreaction Behavior in the Market?

    0 shares
    Share 0 Tweet 0
  • How Long Does it Take to be a Profitable Trader?

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In