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Explore CSR As A Way To Tackle Economic Impact Of Covid-19

Photo by  Juhasz Imre  from  Pexels KUALA LUMPUR 30 March 2020 - The Malaysian government should explore the implementation of corporate social responsibility (CSR) initiative as a way to tackle the economic impact of Covid-19 pandemic. MIC Youth Political Bureau Chairman, Arvind Krishnan said, the government may formulate a win-win policy such as granting tax relief to companies participating in that initiative. His full statement is as follows: First and foremost, I would like to acknowledge all the great efforts done by the government in the recent economic stimulus package known as Pakej Prihatin Rakyat valued at RM250bil, amidst the economic crisis caused by Covid-19. Unfortunately, while RM250 billion is not a small amount, it is certainly not enough to overcome the economic crisis for days and months to come. What the country needs, is not just for the government to play its part, but for corporations to also step up their game on Corporate Social Resp...