Putrajaya doing little to ‘rescue’ firms

Bede Hong

The coronavirus has upended many businesses and few are likely to survive after Raya, predicts an expert. – AFP pic, May 28, 2020.

THE government has shown no evidence that it has provided incentives to troubled companies to retain their workers in the wake of the Covid-19 outbreak, a webinar was told last night.

Although the private sector is often touted as the main provider of jobs, Putrajaya is doing little to head off a potential wave of layoffs when companies resume operations after the Hari Raya holidays.

“I would like to see more support of the private sector… if you would at least cushion it a little, where they don’t have to lay off half their workforce,” said Melati Nungsari, assistant professor of economics at the Asia School of Business.

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  • Excellent advice by Asst Prof Melati Nungsari.

    Posted 3 years ago by Simple Sulaiman