Covid-19 has
been with us since February 2020. Up to June 13 2021, key statistics on cases
and deaths are as follows:
·
Coronavirus
Cases: 657,508
·
Deaths:
3,908
·
Recovered:
580,276
·
Active
Cases: 73,324
Our death rate
is about 0.6%, and about 88.3% have recovered from Covid.
Total Coronavirus Cases in Malaysia
(Worldometer)
The bulk of the
cases are from manufacturing (48%), workplaces and community. The hardest hit
is the Bumiputra community – about 58% of all Covid cases (data is based on the
first wave and more current statistics by race is not available).
Source: Clinical characteristics and risk factors for severe Covid-19 infections in Malaysia: A nationwide observational study (1 Feb-30 May 2020) published in The Lancet.
Malaysia has ministered at least 3.79
million doses of Covid vaccines so far. Assuming every person needs 2 doses,
that suggests 5.9% of the country’s population (Reuters) is vaccinated. During
the last week of May, Malaysia averaged about 72,271 doses administered each
day. At that rate it will take 89 days to administer enough doses for another
10% of the population.
With a surge of Covid cases, Malaysia
entered into FMCO for 2 weeks from June 1, 2021. This is likely to be extended
by another 4 weeks. The cost to the economy is probably around RM1.2 billion
per day or RM50.4 billion for a 6-week period.
The hardest hit are people in the
informal sector, SMEs and workers in the non-essential sectors like gaming,
liquor or hairdressing/ saloons.
SMEs are the backbone of the economy.
They contribute substantially in terms
of GDP, exports and employment:
During MCO 1.0 (March 18-May 3, 2020)
the impact was significant for SMEs:
Under the present FMCO, it is
anticipated that 50,000 SMEs may close. SMEs face 4 main issues:
·
Payment
of salary;
·
Zero
or little revenue;
·
Rental
payment; and
·
Loan
repayment or interest
So, what practical steps can we do as a
community or family?
To help SMEs or individuals in a crisis,
we need:
(i)
Transparency
– at least on the cash flow moving forward;
(ii)
Accountability
– to staff, creditors, etc.
If we are comfortable with the honesty,
integrity and truthfulness of the situation, then we could do the following:
1)
Food
Bank – providing
individual family/ies with basic ingredients – rice, eggs, cooking oil, sugar
etc. This could be done by one family to another or as a group. Many are doing
this, and many will still require support for the next 2-3 months.
2)
Shelter – where people have lost their homes,
then others stepping-in to provide short-term accommodation will be helpful.
3)
Job
Bank – maintaining a
data base of opportunities will be helpful. There are areas in food delivery/
goods delivery; cleaning services; volunteers for vaccination etc.
4)
Short-term
Cash Support – this is
a short-term measure to meet immediate shortfall on rent or mortgages.
5)
New
Business Start-up Capital
– where an idea like trading on the internet or something else may require
small funding support, which is another avenue for consideration.
6)
Counselling – many will require a listening ear to
get over this period. Suicide rates tend to go up in a crisis.
7)
Prayer – many will require prayer support for
the problems they face. One can pray for each other without religion getting in
the way.
Maybe there are other ideas to giving
hope in a lockdown. Do share with us! Be blessed!
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