This global pandemic will shape businesses for decades to come. COVID-19 has already shown early signs of a shift in how consumers and businesses behave. Remote working is being encouraged by tech and non-tech companies alike, and more people are buying different things online.

What has been some of the changes to your daily routine that you think will continue after the Movement Control Order has been lifted? And is there room for startups to grow and captilise on this? Can this fuel the next wave of startup innovations or this a black swan period?

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Learning something new during this Movement Control Order seems to be a #trend. So why not graduate from Yale University, ranked 8th in the World University Rankings, as recently they have made their most popular course ever available for free! Plus it could also potentially help you to improve your everyday happiness.

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The SME Association of Malaysia (SME Malaysia) in partnership with Bizsphere Brand & Marketing Group (Bizsphere) launched a survey on 29th March evening and had attracted 15,627 SME responses in less than 18 hours.

The survey titled “Business Sustainability of SMEs During Covid-19 Crisis” was initiated to gauge the sustainability of Malaysia SMEs during the COVID-19 crisis and impact from Movement Control Order (MCO). 

The results were worrying, only 1/3 of SMEs have enough cashflow for March expenses.

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The recent MCO (Movement Control Order) extension of 2 weeks to April 14, will affect more businesses and individuals in Malaysia.

But the good news is that this is an opportunity for your business to go online. Most people are spending time at home and paying more attention online - consuming more social media and content than ever. This could be the perfect time to offer your products and services online, but only if you have the right structure in place.

Building on his CoronaTracker.com success, Dr Lau Cher Han, CEO of LEAD, built an online platform to teach offline businesses, sales agents, freelancers to sell their products/services online.

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While the Package Prihatin ensured all Malaysians are taken care off to battle the financial burdens caused by COVID-19, the retail industry is still taking a beating. The sharp drop in sales and closure of outlets during the Movement Control Order has forced many business owners and entrepreneurs to think outside of the box and find ways to collaborate with other businesses.

We speak to Chen Chow Yeoh, Co-Founder of FAVE to get his thoughts on the recent stimulus package and how Save Our Fave initiative can help businesses in Malaysia to cope with the impact of COVID-19.

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The Prime Minister on Friday (March 27) announced its largest economic stimulus package to date, with RM250 billion to be channelled towards supporting people and businesses grappling with the impact of the coronavirus pandemic.

The package, dubbed as Package Prihatin, which includes RM128 billion for welfare programmes and RM100 billion to support businesses including small and medium enterprises, is meant to assist those who are most adversely impacted by the economic disruption from the Covid-19 outbreak.

We speak to a few thought leaders and entrepreneurs to hear what the think about this new stimulus package.

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With a new stimulus package set to be announced soon, we speak to Renyi Chin from myBurgerLab who shares his thought process when managing the crisis as a business owner.

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With a new stimulus package set to be announced soon, we speak to Satira Diana, Entrepreneur and Founder of KEK & Co and Kuih by KEK, which is an online bakery startup. She talks about how she has had to cope with staff salaries after having all her orders cancelled overnight, as well as her hopes for support from the government stimulus package for local businesses like hers.

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With a new stimulus package set to be announced soon, we speak to Jennifer Ong, Founder and Chairman of HAPA Group, and hear about how she would like to see the government support local SME’s and FnB’s, as well as the changes she foresees in Malaysians’ spending patterns after the MCO has ended.

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With a new stimulus package set to be announced soon, we speak to Patrick Tay, Economics and Policy Lead at PwC Malaysia. He evaluates how the government has responded to the situation so far, and shares his thoughts on further measures the government could take.

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