Cash flow constraints, lower sales poser

KUCHING: Among the main the challenges that entrepreneurs will face during the movement control order (MCO) 2.0 period are the cash flow constraints and lower sales volume. The ones that are likely most affected will be the micro and informal business entrepreneurs. Ministry of Entrepreneur Development and Cooperatives (Medac) called Malaysians to strictly adhere to […]

Local banks under constraints but in position of strength to recover

KUALA LUMPUR: The country’s banking sector is expected to be under constraints this year especially in terms of income and loan growth due to effects from the Covid-19 pandemic which has adversely impacted the local as well as the global economy. Despite this, well-capitalised Malaysian banks will be facing the headwinds from a position of strength and […]

Why hard to impose lockdown or movement restrictions in Indonesia

JAKARTA: Indonesia has not enforced a lockdown or the movement control order to stem the spread of Covid-19, because this is not easy to implement in a country with more than 270 million people. Indonesia’s National Disaster Management Agency head, Doni Monardo, said that if implemented, the government would face various constraints to provide basic […]