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Agong (King) will be shocked when he sees the following damages due the mis-management of the government - Koon Yew Yin

Author: Koon Yew Yin

Publish date: Sun, 27 Jun 2021, 10:09 PM

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• Kuala Lumpur, Johor and Penang 126 hotels closed

•Langkawi, Malacca City 115 hotels closed

•KL Parkroyal Hotel will be closed for renovation for 15 months

•KL Plenitude closes 3 hotels

•KL Syeun Hotel Closed

•Kinta River Front Hotel closed

•Tower Regency Hotel closure

•Hilton Hotel cuts 2,100 employees

•Four Points Hotel closure

•Expedia layoffs 3,000 jobs

•Tioman Resort Closed

•Cold storage Petaling historic supermarket closed

•100% of tourist agencies are temporarily or permanently closed, causing 370,000 people in the country to shut down

•100% of theatres are temporarily or permanently closed, causing 43,000 people in the country to close

•70% hair saloons There is a wave of closure, affecting the livelihoods of 100,000 people

•Colleges, training centres, professional schools are suspended, and more than 10,000 school buses are parked

•Casinos, entertainment, KTV, bars, SPA, CLUB, GYM, temporarily or permanently closed

•Caused 1 million people in the country to suspend business

•National chain milk tea shops also closed down one after another, laying off 25,000 employees

•860,000 domestic college students, graduation equals career, employment opportunities are almost zero

•The list continues to increase. Including unstated construction, development, contractors, supermarkets, and temporary sales.

•81% in Malaysia #law firms will go bankrupt within one year, and they will not be able to escape downsizing. The disadvantages of combined operations or even closure

The lawyers of the Malaysian Bar Association have more than 20,000 members. Due to the COVID-19 pandemic, they are the same as most economic sectors that cannot be "stopped from the epidemic". In addition, low industrial transactions have impacted business decline and faced "downsizing" or bankruptcy doom. ... to strike a balance between companies and employees, we urge the government to strongly support professional categories, including law firms, because they constitute the lifeblood of the national economy.

Data from Sin Chew Daily, China News, and Oriental Daily.

https://klse.i3investor.com/.../2021-06-27-story...

 

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