PM to Launch Economic Recovery Strategy in the Near Term which will be Presented by Muhyiddin

Last updated on May 18th, 2021 at 05:48 am

Although awaiting the decision of the government to prolong or remove the conditional movement control order expiring this Tuesday (June 9), Today, Malaysians will look forward to an announcement on the Short-Term Economic Recovery Program in a special message from Tan Sri Muhyiddin Yassin (pictured).

Local news outlets and social media networks will air the Premier ‘s unique message live at 3 pm. Looking back, last March 18, the Movement Control Order (MCO) was enforced in the country following the Covid-19 outbreak and then the conditional MCO, from last May 4.

Implementing the MCO and conditional MCO has proved successful in fighting the Covid-19 pandemic as seen with the drop in the daily number of new cases, allowing the government to reopen more economic sectors in the country. It is obvious that Muhyiddin ‘s special message would be much awaited by people , especially the players in the economic industry.

On the situation of Covid-19 in the region, although the number of daily cases grew to three digits, to 277 yesterday, from 93 cases the day before, Malaysia is seen approaching a situation of free-Covid-19.

In his regular media conference on Covid-19, Health Director-General Dr Noor Hisham Abdullah said of the 277 incidents, only six cases affected Malaysian residents, with four local transmission and two cases imported.

Meanwhile, in a recent interview for a documentary on MCO with Bernama TV, Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob said that Malaysia would see big changes in the policy of hiring foreign workers and curbing the entry of illegal immigrants in post-Covid 19.

He said it was about time to revise the strategy as foreigners were among the major contributors to the increase in Covid-19 cases both in the nation and in many other nations, including Singapore.

The tourism industry, he said, was adversely affected by the Covid-19 outbreak among economic sectors, with many hotels forced to shut down their operations and withdraw workers. While the post-Covid-19 economic recovery could be slow, government policy would definitely place greater emphasis on local employment.

Katherine S

1/4 German, 3/4 Malaysian. I write, follow and monitor closely political news happening in Malaysia, and other happening news in the ASEAN region. Newswriter for the best ASEAN news website - The Asian Affairs.

Recent Posts

Sathu 2: Exposing the Dark Pyramid of Faith, Wealth & Power in Thailand

Sathu 2 is a more provocative, less gentle, and more focused version of the changing faith economy in Thailand, exposing…

December 4, 2025

IBTEC Set to Become Asia’s Largest Technopolis Innovation Hub

With the world still scrambling with the need to have state-of-the-art research ecosystems, IBTEC is coming out as the new…

December 4, 2025

How Thailand’s Half–Half Scheme Phase 2 Is Teaching the World New Economic Hacks

The Half-Half Scheme has come back with new avatars as Phase 2 in 2025, named Khon La Khrueng Plus, with…

December 4, 2025

The Untold Side of Momoiro Uta Gassen: 10 Things Fans Don’t Know

Japanese people have iconic music spectacles in the form of celebrating New Year's Eve every year, and this particular one…

December 4, 2025

Malaysia Eyes 4.6% GDP Surge in 2026 as Global Demand Rises

The GDP of Malaysia is expected to increase by 4.6 per cent in 2026, which is a cautious optimism considering…

December 4, 2025

The Changing Face of Young Indonesian Leadership and Zita Anjani

The last few years have seen Indonesia experiencing a wave of young leaders coming to the forefront in powerful positions…

December 4, 2025

This website uses cookies.

Read More