PETALING JAYA,Jan 12: Prime Minister Muhyiddin Yassin says Malaysia remains open for business despite the state of emergency declared today.

In a televised announcement, he said the emergency will provide some calm and stability to allow Putrajaya to focus on economic regeneration.

“We remain committed to good governance. Continued stability will enable us to sustain and build the economic recovery trajectory we’ve been working hard on,” he said.

Muhyiddin said the government will ensure that economic activity will continue during the emergency to ensure that businesses can sustain and the people can still earn an income.

He said the nation still possesses a robust and internationally recognised regulatory ecosystem that will continue to regulate the market, citing Bank Negara Malaysia, the Securities Commission and Bursa Malaysia.

“We must remember that the government has a six-stage strategy in place for economic recovery since March last year which was also incorporated in the 2021 budget,” he said.

He urged the people to remain calm and trust in the government’s efforts to curb the Covid-19 pandemic through the emergency, telling them to strictly observe the SOPs to bring down the number of infections.

He also issued a warning against anyone trying to disrupt Putrajaya’s efforts to fight the pandemic and rebuild the economy, saying strong action will be taken against them to protect the people’s welfare and the country’s security.


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