Entrepreneurs worst hit by virus impact in Malaysia

Bloomberg

Freelancers and entrepreneurs are the worst hit by the coronavirus pandemic’s impact on Malaysia.
Statistics department found 46.6% of self-employed workers lost their livelihood while
23.8% of entrepreneurs reported the same, according to a
March 18-31 survey. Among the sectors, agriculture was most affected with 21.9% of respondents saying they’ve lost their jobs, followed by services industry with 15%.
The government will use the special survey to inform policy moves in addressing the impact of the virus outbreak, which has already led the country to impose restrictions on people’s movement through April 14. Malaysia has rolled out $60 billion of stimulus packages.

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