Companies want Covid-19 law to protect businesses post-MCO

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The coalition of 12 business associations says Singapore is already acting to protect businesses with its Covid-19 (Temporary Measures) Act. FMTNews Covid19 MCO

A coalition representing 20,000 companies wants protection against legal suits for being unable to fulfil contractual obligations as a result of the imposition of MCO.

It hoped this can be put in place when Parliament convenes on May 18 to protect business owners from legal suits when they are unable to fulfil their contractual obligations post-MCO. “The relief imposed by law will save jobs, businesses, companies and investments – which will then continue to improve the economy,” he added during an online press conference hosted by the Malaysia Retail Chain Association.

The coalition also proposed that current terms and conditions that limit Socso’s claim wage subsidy to 200 employees per company be removed. “We appeal to the government to come up with this Covid-19 Act so we can avoid unnecessary litigation and focus on reviving our businesses.” The group said only 126,000 retailers, such as supermarkets, hypermarkets, mini-markets, convenience stores and pharmacies, have been allowed to stay open.

 

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日本 最新ニュース, 日本 見出し