PETALING JAYA: The first movement control order, to contain the Covid-19 pandemic last year, resulted in massive job losses as companies closed or struggled to stay afloat.
According to the Companies Commission of Malaysia, 9,675 small and medium enterprises (SMEs) shut down during the first phase of the MCO from March 18 to June 9 and by November, these number increased to 32,469 companies.
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