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Thursday, June 4, 2020

Temporary Measures Bill for Covid-19 on the cards

The Temporary Measures Bill seeks to mitigate the social and economic impacts of Covid-19.
KUALA LUMPUR: The government is drafting a Temporary Measures Bill to mitigate the social and economic impacts of Covid-19, according to the international trade and industry ministry.
It said a survey on suggestions for the bill, which was made public at Malaysia Productivity Corporation’s online consultation platform, Unified Public Consultation (UPC), would be closed on June 5.
“Be part of this effort and provide your suggestions for the bill,” it said in a recent post on Twitter.
One of the respondents at UPC suggested the creation of an e-commerce platform under the relevant ministry for small and medium-sized enterprises (SMEs) to focus on growing them.
Another said the federal and state governments as well as private organisations should consider enacting a law or rule to cut all bonus/initiative/financial aid exclusive of usual salaries to be credited to the platform.
“Subsidies also can be channelled through this platform. This will ensure that all chances of getting extra funds/income are focused on the development of SMEs,” the respondent said.
Another respondent suggested that every ministry and state government have a central coordinating committee to respond to queries. - FMT

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