The BMCC is compiling feedback on the impact of COVID-19 on your business activities and performance. These cover responses on (1) impact on business operations, (2) action & support and (3) any additional feedback or suggestions you may have. We will hope to share the findings of the survey with relevant stakeholders including government agencies for the benefit of our business community. We encourage both large organisations and SMEs to participate. |
|
| 1. Ministry of Finance - Economic Stimulus Package (BPN Application Guidelines & FAQ) |
| The Ministry of Finance has provided more details on the Bantuan Prihatin Nasional (BPN) cash aid that will be disbursed to eligible Malaysians. This is to help Malaysians from the B40 and M40 group cope with the economic impact of the COVID-19 outbreak. The one-off cash handouts amounting to RM10 billion are part of the RM250 billion stimulus package that was recently announced by Prime Minister.
For eligible Malaysians that have not registered with BSH or LHDN, you can apply for the Bantuan Prihatin Nasional cash aid at http://www.hasil.gov.my/. The portal will start accepting new application starting 1st April 2020. |
|
|
|
| 2. Ministry of Human Resource - Permission for payroll staff to return to office |
| The Ministry of Human Resource has decided that a maximum of 2 employees from any company will be allowed to return to their office to carry out the processing of pay roll and staff salaries for the duration of 1 day only, either 31 March 2020 or 1 April 2020.
The employer will need to prepare a letter / document or proof, allowing the employees in charge to return to office (full name, IC number, telephone number of officer in charge for verification). The employee will need to bring and present the letter / document to ease their movement to office should they be stopped by authorities.
|
|
|
|
| 3. Ministry of Defence - Second stricter phase of MCO begins on Wednesday |
| The second phase of the Movement Control Order (MCO), to start on April 1, will see stricter rules being enforced by the authorities, Defence Minister Datuk Seri Ismail Sabri Yaakob said today.
The stricter rules include limiting the operational hours of supermarkets or any premises that sells essential items, public transport, petrol stations, restaurants, home food delivery as well as for taxi and e-hailing services.
Ismail said the second phase of the MCO will definitely be different from what is in place now. However, he also assured the public that it will not be a total lockdown.
|
|
|
|
| 4. Bar Council Industrial and Employment Law Committee - Position Paper on Movement Control Order |
| In view of the numerous legal issues facing the employment sector during the period under the Movement Control Order, the Bar Council has sought the assistance of the IELC to take a position in relation to this matter. This paper considers several Frequently Asked Questions from a Legal Position, including:
• Closure of business / premises • Salaries and Leaves • Retrenchment and Lay-Offs • Force Majeure clause • Doctrine of Frustration
|
|
|
|
| 5. Tenaga Nasional Berhad: Electricity Discounts Under Economic Stimulus Package |
| The Government and TNB understand and empathise with everybody affected as they are, in terms of jobs, mobility and financial implications. Hence, as part of the PRE package, TNB is supporting the government and Malaysians to keep the economy going and allay the economic pressure on the industrial sectors most impacted in particular and all customers in general by providing 6-month discount on monthly bills. For eligibility, discount rates and more info:
|
|
|
|
*BMCC Members are welcomed to share any news, research findings, press releases, corporate announcements, surveys or questionnaires etc. related to COVID-19 with us. We will assist to disseminate your content to all our readers on this channel. |
|
Country Status Update on Legal Implications for Clients on Business and Risk Issues (WEBINAR, 1 Apr)
Join regional ZICO Law leaders as they discuss, compare and strategize on key legal concerns across South East Asia in relation to the developing COVID-19 outbreak.
The panel will discuss crucial business and risk concerns on force majeure, termination of contracts and employment matters, while also touching on operational issues such as minimizing work disruption, continuing client outreach and communication and dealing with limited government and ministry functions.
|
|
|
EY: COVID-19 Second Economic Stimulus Package 2020
In EY's latest edition of their Take 5 for Business publication, they present a summary of the Government’s additional set of measures to protect the welfare and well-being of Malaysians and support businesses. It includes the measures for people, businesses and tax covered under the recently announced Second Economic Stimulus Package 2020.
|
|
|
Coronavirus Pandemic and its Legal Impact on Contracts in Malaysia
The Covid-19 pandemic had resulted in closures of factories and offices in all continents and had severely affected the global supply chains of goods and services. In Malaysia, many companies may struggle to perform their contractual obligations and meet their contractual commitments.
This article will examine 3 pertinent issues: (a) contractual rights under force majeure provisions in a contract; (b) statutory rights under the Contracts Act 1950; and (c) consequences of frustrating events, to deal with the impact of the global Covid-19 pandemic and the movement control order on contracts in Malaysia.
|
|
|
Reduce office contamination and improve water hygiene with Alvawater
Water dispensers are a critical bacterial and viral contamination zone in every workplace. Alvawater prevent such contamination with Biocote, a silver-ion based technology which constantly self-decontaminates any human touch zones on the dispenser. Available to you on rental basis, inclusive of a 1 month free trial.
A globally unique solution developed by Waterlogic and distributed in Malaysia by Alvawater. Check our video: here
|
|
|
Knight Frank: Fantastic Investment Opportunity in Bangsar, Kuala Lumpur
Knight Frank as the exclusive agent is delighted to present for sale either in one line or individually, 26 outstanding commercial office suites that are fully tenanted in Tower A, Menara UOA Bangsar, Kuala Lumpur. Click here for more information |
|
British Malaysian Chamber of Commerce Berhad 201801018075 (1280091-P) E04C0, 4th Floor East Block, Wisma Golden Eagle Realty, 142-B Jalan Ampang, 50450 Kuala Lumpur Copyright © BMCC 2020 |
|
|
