Rethink, reset and rebound as a pathway to recovery
2020 has been a year like no other with COVID-19 changing the way we live, work and the overall business landscape. It has accelerated the push for digitalisation with people purchasing most of their items online, working from home and closing business deals through virtual negotiations on platforms such as Zoom, Skype or MS Team.
Governments around the world have rolled out various measures and stimulus packages to mitigate the difficulties faced by people and businesses. In Malaysia, the government has rolled out its largest expansionary budget for 2021, various stimulus measures, and with the signing of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, is creating a path towards recovery. Wong Kee Hooi and Cheang Chee Kong of Zaid Ibrahim & Co. (a member of ZICO Law), shares their thoughts and hopes for Malaysia’s pathway to recovery in 2021.