PKP 2.0 - Ringgit Malaysia Starts To Be Impressed!

thecekodok

 Every day our country records a growing number of Covid-19 infections. To date, nearly 136,000 cases have been recorded as positive for Covid-19 and 551 people have died as a result of the pandemic. The number of deaths recorded is equivalent to 0.40 percent of the total positive cases of COVID-19 which is 135,992 cases and a total of 108,000 people have recovered.


The increasingly worrying data caused the government today to decide to implement the Movement Control Order (PKP) for 14 days starting at 12.01 midnight this Wednesday until January 26. The announcement was made personally by the Prime Minister, Tan Sri Muhyiddin Yassin, at 6 pm this afternoon.


This order involves three stages of execution as follows:


PKP on six (6) states namely Penang, Selangor, Federal Territory (Kuala Lumpur, Putrajaya and Labuan), Melaka, Johor and Sabah.

Conditional PKP (PKPB) on six (6) states namely Pahang, Perak, Negeri Sembilan, Kedah, Terengganu and Kelantan.

PKP Rehabilitation (PKPP) will be implemented for the states of Perlis and Sarawak and will continue throughout the period.


In the message, it was informed that cross-state movement is strictly prohibited for the whole country while for states that are subject to PKP, cross-district movement is also not allowed.


In addition, during the PKP period, social activities involving public gatherings such as feasts are not allowed. For the economic sector, only 5 types of economic sectors are allowed to operate, namely the necessary economic sectors such as manufacturing and manufacturing, construction, services, trade and distribution , as well as plantations and commodities are allowed to operate. For the unnamed sectors, working instructions from home have been issued.


Following the Prime Minister's general announcement, a more detailed standard operating procedure (SOP) on movement control orders (PKP) is scheduled to be announced tomorrow at 5pm.


Today, the Malaysian Ringgit has depreciated against the US dollar at USD / MYR 4.05. The market is also worried that the Malaysian economy will decline further as happened in the second quarter of last year with the biggest economic recession in 1 decade.