Paramount expects dampened performance in 3Q amid MCO reinstatement

KUALA LUMPUR (Sept 6): While Paramount had returned to the black in its second quarter ended June 30, 2021 (2QFY21), the group, which has joined a consortium to bid for a digital banking licence, said it is expecting its financial performance to be hampered in the subsequent quarter amid the Covid-19 pandemic and the ensuing lockdowns.

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Enhancing safety in shared work spaces

Even when the pandemic subsides and the working population goes back to offices, there is a heightened awareness about the possibility of another viral outbreak if people let their guards down.

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Provide better granular data and policy guidance to boost public confidence in opening up the economy

More Granular Data and Faster Data processing is needed for COVID-19 related policy guidance and faster economic recovery Even though dining-in in the Phase 1 states including the Klang Valley since the 20th of August, many restaurants still don’t allow dining in because (i) not all of their workers have been vaccinated (ii) the number of cases in the community is still high so operators are concerned that they and their staff would face a higher chance of infection (iii) customers are still concerned about dining-in because of the high number of reported cases (iv) SOPs on dining-in were not clear (v) it may take some time for restaurant operators to rehire staff which they have let go during MCO 3.

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