Don’t be left behind, foster an entrepreneurial mindset

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Malaysia is bracing for tougher economic times ahead, caused and triggered by the onslaught of the Covid-19 pandemic.In November 2020, the Ministry of Human Resources released information showing that from March to November of the year, some 99,696 Malaysians had lost their jobs.And during this period, our country’s unemployment was at 5.3%, the highest it has been in three decades.Being in the restaurant business, I also know that those in the service industry were the hardest hit. The virus brought the tourism, hospitality and aviation sectors to a grinding halt.Also, in October 2020, a study published by the United Nations Children’s Fund and the United Nations Population Fund indicated that the crisis raised Malaysia’s community poverty rate significantly. The research indicated that half of the families in a community were now living in absolute poverty.Against this backd…