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Market Brief

Malaysia Imposes Countrywide Lockdown, an Industrial Info Market Brief

The Malaysian government proceeded with its country-wide lockdown on Wednesday in an effort to stem the spread of COVID-19 in the country and secure its citizens. Prime Minister Muhyiddin Yassin announced the lockdown on Monday and joined the Philippines as the second country in Southeast Asia to introduce drastic measures to manage the coronavirus pandemic. Malaysia also announced travel bans and restrictions within its states and closed shops, schools, and all places of worship as it attempts to minimize economic tension in the country during the crisis. Malaysia has 1,110 active operational plants currently tracked by Industrial Info, with over 290,000 employees across 12 industries. See graph below for plant count by industry.

Released Thursday, March 19, 2020

Malaysia Imposes Countrywide Lockdown, an Industrial Info Market Brief
The Malaysian government proceeded with its country-wide lockdown on Wednesday in an effort to stem the spread of COVID-19 in the country and secure its citizens. Prime Minister Muhyiddin Yassin announced the lockdown on Monday and joined the Philippines as the second country in Southeast Asia to introduce drastic measures to manage the coronavirus pandemic. Malaysia also announced travel bans and restrictions within its states and closed shops, schools, and all places of worship as it attempts to minimize economic tension in the country during the crisis. Malaysia has 1,110 active operational plants currently tracked by Industrial Info, with over 290,000 employees across 12 industries. See graph below for plant count by industry.
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