Chief Statistician Malaysia Datuk Seri Dr Mohd Uzir Mahidin said the closure of operations for most businesses during the Movement Control Order (MCO) has impacted employment and job seekers could hardly find jobs.
Malaysian Association of Hotels (MAH) said it had published its base guidelines on May 1 to guide hotels into the new norm of hotel operations.
In a statement, MATTA president Datuk Tan Kok Liang said the association wants details of the mechanism of the PTF facility, where "we are looking at extremely low interest rates or interest-free loans for digitalisation under the new norm where most procedures and sales are contactless, and are also done extensively through e-marketing platforms".
In a statement, MTUC secretary-general J Solomon said MTUC fears that, similar to the previous Prihatin stimulus packages, Penjana will fail to live up to its lofty promises on ensuring workers are protected.
Ho Hup chief executive officer Datuk Derek Wong Kit Leong said the firm was delighted to secure the sizeable contract during the current highly challenging Covid-19 pandemic period, when businesses across the economy had been badly affected.
CC-ECRL managing director Bai Yinzhan said while the company has placed various precautionary and preventive measures to ensure the health and safety of its staff and work sites, it continues to create value and give back to society.
Apart from revenue loss, they will be impacted by poor credit standings.
In a thematic note today, AmBank Group chief economist and head of research Dr Anthony Dass said the impact from this virus should taper by the end of the second quarter of 2020.