This article is 3 years old
Extended MCO could lead to more industry losses - FMM
The Federation of Malaysian Manufacturers (FMM) has raised concerns that an indefinite extension to Phase 1 of the National Recovery Plan (NRP) would lead to greater losses for industry players.
In a statement, it said the extension until all three indicators to move to Phase 2 have been achieved was met with great disappointment and despair by the business community, in particular, the manufacturing sector.
It expressed fear over more business shutdowns or downsizing...
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