Digital Opportunities Brought by the COVID-19 Pandemic

Even if the MCO is on the recovery phase, and companies are gradually starting to operate, the changes in the workplace are apparent. Physical interactions have minimized, and various restrictions and safety guidelines are being implemented. All this has brought one positive thing – most of the Malaysian companies are considering digitization more than ever. 

Guidelines Put forth By the Government to Support Remote Work

It is safe to say that the lockdowns are lifting not because the virus is gone, but because the economy is going down rapidly. Even if most businesses can operate in Malaysia, they need to adhere to safety guidelines. Some include proper hygiene in the office, social distancing, employees eating at their own table, etc.

The most important one, however, is that employers should let employees work from their homes. After all, it is the single best way to control the spread of a disease.

Well, employees working from home can be taken as a splendid opportunity. You see, several studies and experiences have shown that letting workers work from the place of their choice is more effective as they are freer, and don’t have to stress about travelling frequently. So, companies can actually check if WFH works in their favor.

Online Transactions are Increasing in Malaysia

It isn’t only about employees, but also customers. Several Malaysian banks have reported that more and more SMEs are opening online bank accounts to facilitate online money transactions. This has also shown that home deliveries and courier services are going to be essential in the coming days. 

What about Government Support After the MCO?

The government of Malaysia has put forth incentives for Economic Recovery from Movement Control Order. There are several incentives for taxes, wage subsidies, tourism and property sector support, among others. If companies happen to save money through these incentives, it will be very practical for them to think about using part of their budget to invest in their IT expertise and infrastructures. 

Other IT Infrastructures that Companies Need

In the Malaysia Digital Economy, companies will need various resources (software and hardware) and skills for accounting, HR, payroll, auditing, digital marketing, etc. Furthermore, in the coming days, we may also see businesses spending more on virtual office services than on interior designs and furniture.


Thanks for the support