KUALA LUMPUR, 28 OCT 2020 - A recent survey conducted by e-commerce platform Shopee amongst 11,850 Malaysian sellers show that e-commerce is creating new livelihoods and opportunities amid rising economic challenges, with 70% citing that they have up to six dependants.
As such, despite being fully employed, 35.4% of the overall respondents reveal that they have turned to e-commerce for a second and even third, source of household income. These sellers were found to be making an average of RM2,750* per month selling on Shopee alone.
Video calls and virtual meetings, once commonly found only in boardrooms and lecture halls have become the staple in almost every household. This year, video calls became the mainstay for adults and students working and studying from home, and to also stay socially-connected with loved ones far and near. They are (virtually) doing everything together. Even marathons and fun runs have gone virtual!
KUALA LUMPUR, 27 OCTOBER 2020 – For many years, Malaysia is primarily a destination country for foreign workers as they are vital for businesses especially in the manufacturing, construction and F&B sectors typically have a strong dependence on these migrant workers. Since the Covid-19 pandemic
started along with the Movement Control Order (with now being our second CMCO), this has put most businesses in a panic chaos, as there has been a halt in bringing foreign workers to the country. Adding to this, Malaysia is also experiencing an increase in the unemployment rate by 3.9% as indicated by the Statistics of Labour Force in Malaysia (March 2020) - strongly affecting the workforce caused by the pandemic.