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Business During COVID 19

>Why Malaysia>Business During COVID 19

MIDA COVID-19 Update
for Investors

The COVID-19 pandemic is affecting economies worldwide. MIDA is committed to supporting our stakeholders during these challenging times. Get updated information including advisories to businesses in this section. Malaysia’s COVID-19 response is a case study for developed nations worldwide. A testament to our world-class healthcare, infrastructure and logistics capabilities, Malaysia drastically upgraded health facilities and diagnostics. This included an 86% increase in diagnostics laboratory capacity, 89% increase in critical care bed capacity, and a 49% increase in the number of available ventilators (from 526 to 1034 units) during the height of the pandemic.

The Establishment of One Stop Centre (OSC) for Business Travellers

In efforts to balance public health, livelihoods and economic sustainability, a One Stop Centre (OSC) has been set up by the Malaysian Government effective 2nd October 2020 to ease the movement of business travellers by expediting the approval of their entry to do business in Malaysia.

 

Movement Control Order in Pulau Pinang, Selangor, Wilayah Persekutuan (Kuala Lumpur, Putrajaya, Labuan), Melaka, Johor and Sabah, 13-26 Jan 2021

MITI – One Stop Information Centre for Industries During the MCO

Announcement on the Perlindungan Ekonomi & Rakyat Malaysia (PERMAI)

MITI-Media Release Movement Control Order 13-26 Jan 2021 (English)

Annex 1 : List of Essential Services

MITI-Media Release Movement Control Order 13-26 Jan 2021 (Bahasa Malaysia)

MITI-FAQ on MCO (Bahasa Malaysia)

MITI-FAQ on MCO (English-Unofficial translation)

MIDA-Media Release: MCO Operation

MOF-Media Statement Market Remains Open (English)

KPDNHEP-Media Statement Distributive Trade Sector (Bahasa Malaysia)

KKR-Media Statement Critical Construction During MCO (Bahasa Malaysia)

MOT-Media Statement Logistics Companies to Operate During MCO (English)

COVID-19 News, Advice and Other Resources for Your Business

Economy News
12/01/2021

Here is MITI’s list of essential businesses

Source : The Edge Markets

Industry News
12/01/2021

Pharmamiaga to manufacture Sinovac COVID-19 vaccine starting March

Source : Bernama

Services News
30/12/2020

Govt to speed up approval for entry of business travellers, subject to strict conditions

Source : The Edge Markets

Global News
29/12/2020

Asia and emerging markets poised to lead global economic recovery — Manulife Investment Management

Source : Bernama

Stimulus Package

Malaysia’s support and initiatives for businesses

06/04/2020 – Additional PRIHATIN SME Economic Stimulus Package (PRIHATIN SME+)

  • On 27 March 2020, I have announced an Economic Stimulus Package Prihatin Rakyat (PRIHATIN) worth RM250 billion. I know several days ago, Mak Cik Kiah, Pak Mail, Mr. Lee, Mr. Muthu, Mr. Johnny, and many others are checking their eligibility of Bantuan Prihatin Nasional on the LHDN website. For those who are eligible, payments are made starting today.

02/04/2020 – Special Cabinet Committee Formed to Bolster Stimulus Package & Strike Balance Between Economic Priorities and Effective Enforcement of Mco Due to Covid-19

  • The Cabinet Meeting held on 1 April 2020 has agreed to establish a Special Cabinet Committee to develop strategic measures in safeguarding Malaysia’s economy and labour market impacted by COVID-19 with the aim of striking a balance between the nation’s economic priorities and the effective enforcement of the Movement Control Order (MCO).

27/03/2020 – Prihatin Rakyat Economic Stimulus Package (PRIHATIN)

  • As promised, I will announce the PRIHATIN Rakyat Economic Stimulus Package worth RM250 billion which will benefit everyone

Laws & Regulations

Valuable COVID-19 business resources

15 January 2021 – PU (A) 14 / 2021

  • PU(A) 14/2021 – Prevention And Control Of Infectious Diseases (Measures Within Infected Local Areas) (Movement Control) (Amendment) Regulations 2021 – Prevention and Control of Infectious Diseases Act 1988

31 December 2020 – PU (A) 399 / 2020

  • PU(A) 399/2020 – Prevention and Control of Infectious Diseases (Declaration of Infected Local Areas) (Extension of Operation) (No. 7) Order 2020 – Prevention and Control of Infectious Diseases Act 1988

28 April 2020 – PU (A) 132 – 134 / 2020

  • PU(A) 132/2020 – Prevention and Control Infectious Diseases (Declaration of Infected Local Areas) (Extension of Operation) (No. 3) Order 2020 – Prevention and Control of Infectious Diseases Act 1988
  • PU(A) 133/2020 – Prevention and Control of Infectious Diseases (Measures Within Infected Local Areas) (No. 4) Regulations 2020 – Prevention and Control of Infectious Diseases Act 1988
  • PU(A) 134/2020 – Prevention and Control of Infectious Diseases (Compounding of Offences) (Amendment) (No. 4) Regulations 2020 – Prevention and Control of Infectious Diseases Act 1988

14 April 2020 – PU (A) 116 – 118 / 2020

  • PU(A) 116/2020 – Prevention And Control Of Infectious Diseases (Declaration Of Infected Local Areas) (Extension Of Operation) (No. 2) Order 2020
  • PU(A) 117/2020 – Prevention And Control Of Infectious Diseases (Measures Within Infected Local Areas) (No. 3) Regulations 2020
  • PU(A) 118/2020 – Prevention And Control Of Infectious Diseases (Compounding Of Offences) (Amendment) (No. 3) Regulations 2020

13 April 2020 – Media Release : Attorney-General’s Chambers, Malaysia

  • In response to the statement made by lawyer N Sivananathan in the article “New gazette needed to enforce phase 3 of MCO, says Bar” at https://www.freemalaysiatoday.com/category/nation/2020/04/13/new- gazette-needed-to-enforce-phase-3-of-mco-says-bar/ the Attorney General’s Chambers would like to clarify as follows:

Infographics

2020 Announcements of High Value Investments

Approval for Manufacturing Companies in Essential Services to Operate During the MCO Period 

Entry Permission Application

  • Expatriates with Approved Employment Pass (EP) and Professional Visit Pass (PVP) who are abroad – New Approved Employment Pass (EP) and Professional Visit Pass (PVP)

Post Covid19 : New Procedures for Expatriate Applications and Support Letter MIDA

  • New process workflow for expatriate application (Effective 1 September 2020)
  • Entry permission application for:
    – Expatriates with Approved Employment Pass (EP) and Professional Visit Pass (PVP) who are abroad
    – New Approved Employment Pass (EP) and Professional Visit Pass (PVP) (Other than EPI category)

Extension of Project Implementation Period for the Manufacturing Sector

Covid-19 FAQ

                                                         

Q: During MCO, my company face urgent issue with authorities on our operations, any assistance from MIDA?

A: If your operation require urgent facilitation due to the MCO , you may forward details of issue faced through [email protected].

Update on Latest Safeguards
and Business Advisory

MIDA has implemented several safeguards over the last few months to reduce risks to our clients and employees from the COVID-19 pandemic. We have complied strictly to the expert guidance from the Ministry of Health Malaysia (MOH). As we enter the RMCO phase, our steps have been to:

  • Request all our visitors to register, get their temperature taken and use the hand sanitisers provided when visiting our offices
  • Implemented physical distancing measures as advised by KKM health authorities
  • Encouraged our staff to work from home where possible
  • Encouraged our staff to run meetings virtually with clients

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