LATEST UPDATES ON CMCO BY STATES:
Selangor: CMCO extended to Dec 20, except for Sabak Bernam, Hulu Selangor & Kuala Selangor.
Kuala Lumpur: CMCO extended to Dec 20.
Putrajaya: CMCO over.
Malaysia ranks second among Asia Pacific countries and 16th out of 169 countries for global connectedness based on international flows of trade, capital, information and people, according to the DHL Global Connectedness Index (GCI) 2020.
The country is also positioned with Cambodia, Singapore, Vietnam and Netherlands as among top outperformers to have punched well above their weight in terms of international flows based on economic strength, size and location.
The Social Security Organisation (Socso) would only bear the cost of RTK-Antigen test kits and no longer provide screening subsidies or receive payment claims from employers, clinics or hospitals.
To reduce the cost of screening tests, Socso has obtained the supply of test kits directly from suppliers and distributed them to clinics and hospitals participating in the COVID-19 Screening Programme for Foreign Workers.
Malaysia’s economy is set to recover in 2021, driven by domestic support, although headwinds in 2020 will continue to persist next year and weigh on growth expectation.
In its 2021 market outlook presentation today, MIDF Research said that the COVID-19 pandemic will remain as the biggest threat to economic recovery, followed by other issues such as rising protectionism, geopolitical tension, political instability and volatility in commodity prices.