FMM: Emergency ordinance needs to facilitate business sector, maintain investor confidence | Malay Mail

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KUALA LUMPUR, Feb 20 — The Federation of Malaysian Manufacturers (FMM) has called on the government to use the powers enshrined under the Emergency Ordinance (EO) to support and facilitate the business sector and maintain the confidence level of investors, both foreign and domestic. FMM...

Saturday, 20 Feb 2021 10:10 PM MYT

FMM president Tan Sri Soh Thian Lai said this is important under the current circumstances in order for businesses to sustain operations, stimulate business recovery, and safeguard the livelihood of the people. Soh said the industry believes that the EO has been inappropriately used to force changes, as well as impose harsh punishment with no consideration to the efforts taken and challenges faced by the industry in implementing the necessary adjustments to comply with the requirement of the Act 446.

 

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