Malaysia expected to withstand new lockdown but SMEs are nervous
KUALA LUMPUR - Malaysia will weather its fourth major lockdown since the start of the pandemic, although local businesses are continuing to suffer.
Known as MCO 4.0, the latest in a series of movement control orders announced over the weekend by the government was enacted on Tuesday (June 1) as COVID cases continue to rise, hitting a high of 9,020 on May 29.
Under this latest lockdown, most business categories have been ordered to close at least for the following two weeks, although 18 industry sectors are being allowed to continue to operate, albeit under tough restrictions.
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