Annual Report 2021
The COVID-19 pandemic led to disruptions across all industries as the whole world continues to battle to contain the virus through various means, including lockdowns. Since the pandemic started, advocacy for our members had never been more important. Many of our members both large and small were affected by this and we made sure that their concerned voices were heard by the governing bodies of Malaysia.
Faced with the ongoing disruption of the pandemic, we have maintained focus on our members’ needs and seized opportunities to respond quickly and campaign heavily. This is largely thanks to our team’s preparedness for maintaining a high level of efficiency despite being restricted from going to the office or meeting clients during the various levels of movement control orders (MCO).
Supply chain disruption looks set to continue, at least for the first half of 2022 – dramatically aggravated by the war in Ukraine. As such, many businesses are reconsidering the locations of their sourcing, ordering supplies and inventory much earlier than before and mitigating risks of future disruptions.