Introduction to Business Challenges during MCO Lockdown

The MCO (Movement Control Order) lockdown in Malaysia, and similar measures in other countries, has significantly affected businesses across various sectors. This article delves into the experiences of a CA practice in Navi Mumbai, a small veg food center in Koramangala, and a small business in Palakkad, Kerala. These stories highlight the challenges faced by businesses and the impact on their operations and finances.

Business Impacts in India and Malaysia

For individuals directly running businesses, the impact is stark. Businesses that relied on physical operations, such as food centers and manufacturing sectors, have seen a dramatic decrease in revenue.

CA Practice in Navi Mumbai

Our CA firm in Navi Mumbai has faced a severe decrease in new assignments due to the lockdown. Existing clients' business is declining, which is directly impacting our practice. We are even considering not raising bills during this period to support our clients.

Small Veg Food Center in Koramangala

My father's small veg food center in Koramangala has completely shut down due to the lockdown. They have not received any revenue for two months. The future is uncertain, and they might not be able to pay the rent. The business, which took three years to establish, is in jeopardy.

Small Business in Palakkad, Kerala

My father's small business in Palakkad, Kerala, also faced a significant setback. He had purchased large amounts of commodities for their VISHU celebrations, and when the lockdown hit, they were unable to sell them. During the first 21 days, the business was nearly non-existent. Even partial reopening did not bring much relief, as customers are hesitant to spend money. My father often returns home disappointed from the shop.

Supply Chain and Manufacturing Sector

The impact of the lockdown extends beyond direct businesses. The manufacturing sector, particularly original equipment manufacturing (OEM), has also faced considerable challenges. There is uncertainty in telephonic conversations with suppliers, and labor problems have been exacerbated. This has led to delays and increased costs, further impacting the industry.

Conclusion: A Call for Support and Community Solidarity

These stories highlight the profound impact of the MCO lockdown on businesses, both large and small. While the situation is challenging, there is a sense of hope and trust in a higher power to find ways through the current difficulties. It is crucial for businesses, governments, and communities to come together to support one another during these challenging times.

Keywords: MCO lockdown, business impact, lockdown effects