NCCIM: Recovery could take a year, post Covid-19 aid needed


KUALA LUMPUR (Bernama): The government’s enhanced financial assistance and reliefs are much needed not only for now but also for post Covid-19 recovery as it is likely to take at least six-12 months from containment, stabilisation and recovery before people and businesses return to normalcy, says the National Chamber of Commerce and Industry of Malaysia (NCCIM).

It also said the proposed wage subsidy under the RM250bil Pritihan Rakyat Economic Stimulus Package given to the employers should have a higher amount given, with no conditions attached.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

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