ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Coronavirus

Malaysia to reopen most economic activity with virus 'under control'

Malaysian Prime Minister Muhyiddin Yassin said the nation will reopen nearly all economic activity and allow interstate travel starting June 10.   © Reuters

KUALA LUMPUR (Reuters) -- Malaysia on Sunday said it would reopen nearly all economic activity and allow interstate travel starting June 10, lifting coronavirus restrictions imposed nearly three months ago as it moves to revive an economy battered by the pandemic.

Prime Minister Muhyiddin Yassin announced in a televised address the novel coranvirus outbreak was "successfully" under control and Malaysia would begin a new recovery phase until Aug. 31.

"I am aware the government cannot control your lives forever to control the virus," Yassin said.

The government will ease restrictions on social, education and religious activities in phases with health guidelines in place, and businesses will be allowed to return to normal operating hours.

Yassin encouraged domestic holidays as travel between states will be allowed, but said international borders will remain closed.

Entertainment centers such as theme parks and nightclubs, sports that involve close contacts and events involving a large gathering of people will also not be allowed.

Malaysia had gradually reopened businesses over the past month with social distancing protocols, after shuttering all non-essential businesses and schools, banning public gatherings and restricting travel on March 18.

The pace of new coronavirus infections in the country, which in March was among the highest in Southeast Asia, have slowed in recent weeks.

Known infections was at 8,303, with a total death of 117 as of Saturday.

"Health ministry statistics showed that the rate of infection among local residents is lowering and under control," Yassin said.

"We will enter a normalization phase from August 31 onwards until a vaccine is found," he added.

Malaysia's fiscal deficit will nearly double to about 6% of annual economic output this year because of the government's recent efforts to revive the economy, the finance minister told Reuters on Saturday.

Southeast Asia's third-biggest economy has announced incentives worth 295 billion ringgit ($69 billion) to soften the impact of the pandemic, with the government vowing to directly inject 45 billion ringgit of that into the economy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends July 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media