Fashion organizations in Malaysia have appealed to the government to allow them to operate under Phase Two of the National Recovery Plan (NRP), reports The Star. Datuk Seri Tan Thian Poh, President, Federation of Malaysian Fashion said, his federation is concerned with the current situation as it might only be allowed to operate when the country reaches Phase Three of the NRP. This will lead to a loss of RM163 million per day for retailers and manufacturers, he added.
To avoid the collapse of industry, it is important to be allowed to operate under Phase II, he added. Since the first movement control order in 2020, about 15 per cent of fashion, textile and apparel businesses had ceased operations while 30 per cent were on the verge of closing down due to a lack of cash flow and future uncertainties, he added.
The situation will deteriorate further and will be beyond salvaging as some members are facing litigation and risk losing their overseas customers, Tan warned.