The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!

The emerging of the deadly mysterious disease stirs peacefulness and creates the domino effect around the nations. Known as Coronavirus disease 2019 or COVID19, this infectious disease caused by a novel coronavirus that hazardous to human respiratory system, sending the borderless possibility of dea...

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Main Authors: Charlie Albert Lasuin, Azizah Omar
Format: Article
Language:English
English
Published: Universiti Malaysia Sabah 2020
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/33127/1/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-193.pdf
https://eprints.ums.edu.my/id/eprint/33127/2/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-191.pdf
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author Charlie Albert Lasuin
Azizah Omar
author_facet Charlie Albert Lasuin
Azizah Omar
author_sort Charlie Albert Lasuin
collection UMS
description The emerging of the deadly mysterious disease stirs peacefulness and creates the domino effect around the nations. Known as Coronavirus disease 2019 or COVID19, this infectious disease caused by a novel coronavirus that hazardous to human respiratory system, sending the borderless possibility of death wreath warrant to them. COVID-19 is not only placing health systems under unprecedented pressure in saving human life, the pandemic also caused local and international economics as well as their businesses suffered to their last breaths. The impacts of COVID-19 are unbearable as businesses seize their operation temporarily or completely dissolve, causing people to lost their job without steady income. In addition, the developments of physical effects of infection and the mental trauma creating stress, fear, confusion, lonely and anger among people because of self-isolation or social lockdown in their own homeland. Indeed, the disease also squeezed small and medium enterprises (SMEs) around the world, particularly in Malaysia into a dramatic consequence of losing their business sustainability and capability of competing in the red ocean market. Bumiputera-owned SMEs for instance, facing difficulties in maintaining their business livelihood during the pandemic lockdown and movement control order (MCO). This paper accentuates the sustainability and survival acts among Bumiputera-owned SMEs in Malaysia in facing COVID-19 as recommendation to elevate their economic life. Moreover, COVID-19 should serve as a wake-up call for everyone in heightening multilateral collaboration across communal conversion of shared dilemmas without looking the pandemic as rigorously belongs to the public health domain.
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spelling ums.eprints-331272022-07-12T12:19:33Z https://eprints.ums.edu.my/id/eprint/33127/ The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive! Charlie Albert Lasuin Azizah Omar HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades RA648.5-767 Epidemics. Epidemiology. Quarantine. Disinfection The emerging of the deadly mysterious disease stirs peacefulness and creates the domino effect around the nations. Known as Coronavirus disease 2019 or COVID19, this infectious disease caused by a novel coronavirus that hazardous to human respiratory system, sending the borderless possibility of death wreath warrant to them. COVID-19 is not only placing health systems under unprecedented pressure in saving human life, the pandemic also caused local and international economics as well as their businesses suffered to their last breaths. The impacts of COVID-19 are unbearable as businesses seize their operation temporarily or completely dissolve, causing people to lost their job without steady income. In addition, the developments of physical effects of infection and the mental trauma creating stress, fear, confusion, lonely and anger among people because of self-isolation or social lockdown in their own homeland. Indeed, the disease also squeezed small and medium enterprises (SMEs) around the world, particularly in Malaysia into a dramatic consequence of losing their business sustainability and capability of competing in the red ocean market. Bumiputera-owned SMEs for instance, facing difficulties in maintaining their business livelihood during the pandemic lockdown and movement control order (MCO). This paper accentuates the sustainability and survival acts among Bumiputera-owned SMEs in Malaysia in facing COVID-19 as recommendation to elevate their economic life. Moreover, COVID-19 should serve as a wake-up call for everyone in heightening multilateral collaboration across communal conversion of shared dilemmas without looking the pandemic as rigorously belongs to the public health domain. Universiti Malaysia Sabah 2020 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/33127/1/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-193.pdf text en https://eprints.ums.edu.my/id/eprint/33127/2/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-191.pdf Charlie Albert Lasuin and Azizah Omar (2020) The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive! Journal of BIMP-EAGA Regional Development, 6 (1). pp. 19-29. ISSN 2232-1055 https://jurcon.ums.edu.my/ojums/index.php/BIMP-EAGA/issue/view/298
spellingShingle HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
RA648.5-767 Epidemics. Epidemiology. Quarantine. Disinfection
Charlie Albert Lasuin
Azizah Omar
The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title_full The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title_fullStr The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title_full_unstemmed The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title_short The Sustainability of Bumiputera-owned Small and Medium Enterprises Facing Covid-19: Dead or Alive!
title_sort sustainability of bumiputera owned small and medium enterprises facing covid 19 dead or alive
topic HD2340.8-2346.5 Small and medium-sized businesses, artisans, handicrafts, trades
RA648.5-767 Epidemics. Epidemiology. Quarantine. Disinfection
url https://eprints.ums.edu.my/id/eprint/33127/1/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-193.pdf
https://eprints.ums.edu.my/id/eprint/33127/2/The%20Sustainability%20of%20Bumiputera-owned%20Small%20and%20Medium%20Enterprises%20Facing%20Covid-191.pdf
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