Business That Shut Down Because Of The Pandemic

Business That Shut Down Because Of The Pandemic

COVID-19 is a new virus that has been spreading across the country. In just one month, it’s already shuttered more than 200 businesses in Malaysia. It was first detected by scientists at the Malaysian government lab on July 16th and quickly spread to other cities within three days of its detection. By early August, COVID-19 pandemic had infected over 40% of all people in Kuala Lumpur. The virus is spread through contact with bodily fluids, including saliva and mucus from the mouth or nose, blood, breast milk, and other bodily fluids. COVID-19 causes feverish symptoms such as headaches, nausea, and vomiting that can last a week to ten days. Symptoms are most severe in pregnant women, according to the Center for Disease Control. Businesses closed down to prevent the spread of coronavirus. That’s what we’re going to examine in this post today. In no particular order, here it is.

The first business that we would like to look at is the Malaysian-based multinational company, Proton. The car manufacturer has decided to close down its operations in Malaysia as of this date due to COVID-19’s rapid rise in numbers and effect on the population. “We have seen a significant fall in demand with dealerships and showrooms, and by our regional business plan to discontinue operations in Malaysia,” He also mentioned that Proton’s sales figures had dipped as much as 20% ever since COVID-19 first appeared at the beginning of 2020. “The virus has had a major impact on the motoring industry here.”

The following business we would like to explore is the Malaysian-based telecommunications company, Maxis. The company has announced that it will be shutting down all of its operations in Malaysia due to COVID-19’s effect on the population and what they believe will happen with their customer base moving forward. “Maxis’ preemptive decision is in line with the company’s regional business plan to discontinue operations in Malaysia,” In addition, Maxis’ parent Telenor has also announced that it will be ceasing all of its services and related content distribution. They did note that although they are still assessing their plans for other countries affected by COVID-19, they will be thinking of ways COVID-19 can help them in the long run. This preemptive move by Maxis and Telenor is not surprising given their recent struggles with customers who COVID-19 has impacted. Still, it does show that both companies are willing to do whatever they feel necessary at this point.

One of the most popular video retailers in the country, Speedy Video, was established more than three decades ago. For a long time, Speedy was a place where Malaysians could buy music albums, movies, and dramas. However, things aren’t looking suitable for Speedy. From the looks of things, it’s time to say goodbye to the old home entertainment provider that has helped millions of people have fun in their spare time. The company has officially announced that they’re closing their doors through their official Facebook page. They encouraged Malaysians to visit one of their 14 stores shortly before they close down permanently.

The pandemic has had a significant impact on business across the planet, and unfortunately, Malaysia was no different. But you can do your part to help. Make sure to visit your local businesses by visiting, purchasing, and recommending them to your friends. That way, they’ll be able to survive these challenging times and prosper after the pandemic is all over. Business owners will be thankful.

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