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About: Economic impact of the COVID-19 pandemic in Malaysia     Goto   Sponge   NotDistinct   Permalink

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The COVID-19 pandemic in Malaysia has had a significant impact on the Malaysian economy, leading to the devaluation of the Malaysian ringgit (MYR) and the decline in the country's gross domestic product. The pandemic also adversely affected several key sectors including entertainment, markets, retail, hospitality, and tourism. Besides shortages in goods and services, many businesses had to cope with social distancing and lockdown restrictions, which affected their operations and revenue.The pandemic also drew attention to workplace safety and the exploitation of migrant workers working in Malaysian industries.