Due To The Impact Of The Epidemic, Malaysia Textile Industry Has Lost About 3000000000 Yuan.

According to Malaysia Oriental Daily News, due to the impact of the epidemic, Malaysia textile industry limited action control order and unable to take orders, within a month estimated loss of about 2 billion ringgit turnover. (because the exchange rate has changed, it is currently equivalent to 3 billion 380 million yuan).

It is understood that Malaysia originally planned to implement a "action restriction order" for two weeks in from March 18th to 31st to better prevent and control the spread of the epidemic. The main measures include: prohibiting religious, sports, cultural and other group activities, prohibiting entry and exit, closing all schools, excluding all necessary public services, and closing all government and private offices. Recently, Malaysia announced the extension of the "action restriction order" from two weeks to April 28th. According to the real-time map data, there are 2041 new confirmed coronaviruses in Malaysia (end of April 22nd).

Recently, Hongkong Yida group, which produces over 100 million garments for world famous brands, has planned to close Malaysia's two factories in Penang and Kelantan in June 12, 2020 because of the impact of the epidemic. It is expected that 2000 employees will be affected.





Affected by the epidemic, TAL Group was also closed in Malaysia. On the 18 th of this month, the group announced the closure of the Penang Pen Apparel garment factory, which is the main production shirt, and the production of the Ipoh Imperial Garments garment factory, which is mainly made up of trousers. The company also announced the closure of the factory in Penang.

According to Chen Congjin, President of the Malaysia Knitting Manufacturers Association, as far as the knitting industry is concerned, it is a "dilemma" to resume production without getting started and worrying about the delivery of existing orders. He pointed out that within one month of the operation control period, the estimated turnover of the knitting industry in Malaysia amounted to 2 billion ringgit. After the end of action control, it is expected that the shortest time will be required to resume operation. " It is reported that he is urging the government to put forward a more long-term plan to help small and medium enterprises.

According to Xiao Qingzhang, the Malaysia knitwear Club finance minister, the operation control order was put into operation for about a month. The knitting factory that he operated received customer's cancellation order 3 weeks ago. During that period, it was estimated that a month's turnover was lost by about 20%. It is reported that he has hired about 70 employees recently to the government to apply for a salary allowance of 1200 ringgit per person as compensation for employees' action control orders.