KUALA LUMPUR, July 16 — The Federation of Malaysian Fashion, Textiles and Apparels has urged the government to allow the industry to resume operations in Phase Two of the National Recovery Plan .
“We are deeply concerned that our industry will only be allowed to operate under Phase Three of the NRP, as most of our members would not be able to survive if we were to wait for the transition from Phase One to Phase Three without operating. Meanwhile, the industry’s retailers recorded a retail sales value of RM29.6 billion in 2020, thus, the shutdown meant an estimated loss of revenue amounting to RM82.2 million per day.
He said FMFTA foresees that more than 30 per cent of the retailers would collapse before Phase Three of the NRP, and 150,000 employees would be retrenched if the government does not allow them to operate in Phase Two of the NRP.