Business

Reopening businesses hinges on risk of Covid-19 infection: Tengku Zafrul

Finance minister says science, data will determine if it is safe for economic sectors to resume

Updated 4 years ago · Published on 07 Aug 2021 5:30PM

Reopening businesses hinges on risk of Covid-19 infection: Tengku Zafrul
National Recovery Plan coordinating minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz (furthest right) says a sector-based Covid-19 risk analysis alone may produce inconsistent results. – Tengku Zafrul Tengku Abdul Aziz Facebook pic, August 7, 2021

KUALA LUMPUR – The reopening of business sectors, especially small and medium enterprises (SMEs), will be decided based on the risk of Covid-19 infection in the respective sectors, said National Recovery Plan (NPR) coordinating minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz.

Tengku Zafrul, who is also finance minister, said it needed to be assessed based on science and data, adding that a sector-based risk analysis alone may produce inconsistent results.

“So, we have to look at all sectors, not based on specific sectors, but in terms of the risk of Covid-19 infection in the respective sectors,” he said after visiting the mobile vaccination centre at the Hiliran Ampang People’s Housing Project today.

During the visit, he also handed out food baskets from the Cultural Economy Development Agency (Cendana) and Sime Darby Foundation to local artists at Lotus’s Taman Midah, Cheras.

Tengku Zafrul said the National Security Council is expected to announce the reopening of the business sector, especially SMEs, after looking into the matter, next week.

On Friday, Prime Minister Tan Sri Muhyiddin Yassin chaired the second meeting of the National Recovery Council (NRC) which, among others, discussed the needs of the businesses to reopen under stringent standard operating procedures.

The virtual meeting also discussed in detail and took into consideration various data and views of health and economic experts on the rate of vaccination including the status of individual vaccination and intensive care unit capacity. – Bernama, August 7, 2021

Spotlight

Malaysia

Malaysia must accelerate energy transition to safeguard future

By The Vibes Says

Opinion

World suffers from shortage of trust, Modi tells G7 leaders

Malaysia

Mother, son perish in Johor crash with trailer

Malaysia

Head-on crash with durian lorry kills two on Pahang highway

Malaysia

MACC smashes RM2.5 million procurement cartel in sweeping multi state raids

Malaysia

Malaysian tourists spark backlash in China over alleged rude behaviour (video)

By Alfian Z.M. Tahir

Diary

Penang: Strict enforcement to ensure food hygiene, focus on deliveries

By Ian McIntyre

Malaysia

Four men arrested in Sabah following gang rape of teenager in her bedroom

You may be interested

Business

Oil prices slide as US-Iran peace deal raising hopes of supply recovery

Business

US dollar weakens as markets await Warsh's first Fed decision

Business

US dollar surges to three-month high as Fed signals possible rate hike

Business

KPJ posts strong FY2025 performance, sets sights on next growth phase

By Alfian Z.M. Tahir

Business

Brent crude plummets below US$80 as US-Iran peace deal hopes eclipse Wall Street AI slump