Over 30k companies shut down since March, highest number in Aug

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COVID-19 | Minister Wan Junaidi Tuanku Jaafar says 17,800 companies and businesses closed in August.

COVID-19 | More than 30,000 businesses have shut down since the start of Covid-19 pandemic up to September this year, with a majority failing to revive operations after a gradual reopening of the economy since June.

Entrepreneur and Cooperative Development Minister Wan Junaidi Tuanku Jaafar said the highest number was recorded in August with 17,800 companies and businesses closed. According to the Companies Commission of Malaysia's data, the initial movement control order period from March 18 to June 9 saw...

 

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...the collapse of a (rotten) system)

What does this tell us? Country's economic recovery still in place? Kelantan state govt still want to go ahead with the pay rise for its ADUNs or State Excos?

sadly, the govt sees it fit to allocate billions to propaganda and religious affairs. any religion would tell you to feed the poor, clothe the poor and house the poor FIRST!

So what’s Gov plan, after hearing the record breaking news?

But Azmin Ali said the economy is not impacted. Who among the PNipu regime is not telling the truth? Or both are liars too?

Should be more as some unreported are all!

But why our unemployment still not that high?

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