News & Events

FMM Welcomes Malaysia’s Transition To Endemic Phase and Reopening Of International Borders To Boost Business Revival

Kuala Lumpur – The Federation of Malaysian Manufacturers (FMM) welcomes the announcement by YAB Prime Minister on Malaysia’s transition to the endemic stage of Covid-19 and the reopening of international borders without the need for mandatory quarantine for fully vaccinated travellers effective April 1, 2022.

Given the low number of cases under the Category 3, 4 and 5 of the daily reported infection cases due to our record achievement on vaccination including the ongoing booster dose and children’s vaccination programme, the nation is well protected to move safely into the endemic stage. Based on the FMM – MIER Business Conditions Survey 2H2022, respondents indicated that heading into 2022, growing external demand is expected to improve manufacturing sector’s recovery considerably. This exit strategy to move Malaysia into the endemic phase comes at the opportune time to further bolster businesses and the economy.

The reopening of international borders for fully vaccinated travellers at this current juncture is lauded and fully supported as facilitating human capital movement for work and trade will have a positive impact on the recovery of industries as well as help address the unemployment caused by the Covid-19 pandemic. Allowing international border crossing for fully vaccinated persons will not only help reinvigorate tourism activities but will equally further stimulate manufacturing sector activities. As part of their business revival, many companies are now seeking new business opportunities, diversification of business and products, and exploring new markets. The reopening of the international borders will allow their personnel to travel overseas to meet buyers and promote their products as well as enable their business partners/customers, vendors and technical experts to be physically present here to seal the negotiations as well as to commission projects.