2)With business activities in China slowing down as some towns and cities are put under lockdown, analysts have claimed that many economies globally that consider China their trade partners would feel the pinch? Can you give some examples of those feeling the pinch? https://www.youtube.com/watch?v=LvP5Mp3lJnc Those with supply chains that rely heavily on products or components from China will be hit, we have noticed that tourism has been directly impacted, this we expect to pick up by the second half of the year as hotels and airlines will be passing out some great packages.  Many of the conferences have quickly shifted the dates to the second half of the year. The Technology sector and the manufacturing of the hardware components, have been affected as some parts are not available even if your factory is another country. By extension the logistics sector has been impacted. This crisis, is in fact an opportunity [...]

1)They say that If the situation persists, the retrenchment figure can reach as high as 100,000, which is more than double in 2019, can you give some context to this prediction?  https://www.youtube.com/watch?v=8bYVrojciHo There are certain sectors of the economy that have impacted negatively more than others, at the same time some sectors like the healthcare sector and pharmaceutical are posting very good results. Many Malaysian have already embraced the “Gig Economy” which means that they will be able to shift their skills into sectors that need more labour at the moment. For those that are faced with layoffs the government has successfully implemented the Employment Insurance System under PEKESO which will help those looking for jobs with assistance. So in that context Malaysia is better off than when the SARS hit a few years ago.