KPMG finds that companies over leveraged and living on the edge are in trouble, hence it highlights the importance of being prudent and conserving cash. – EPA pic, April 30, 2020.
KPMG Malaysia has outlined seven ways for businesses to navigate towards the new normal after the Covid-19 pandemic, which includes shifting towards localisation, a digital push and moving towards a variable cost model, among others. The first of the seven features outlined in KPMG’s post MCO reset report, is the shift towards localisation where supply chains for essential commodities and sectors deemed strategically important are localised.
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