EY: 86% of Malaysian biz prepared to live with COVID-19, 77% prioritising tech adoption in ops
The majority — or 86% of Malaysian businesses — are ready to live with Covid-19, while 77% of companies are prioritising technology adoption in the near term as they look to accelerate their adaptation to the new normal, according to Ernst & Young Consulting Sdn Bhd (EY).
EY conducted the EY Business Pulse Survey between October and December 2021 to assess the readiness of Malaysian businesses to transition to the Covid-19 endemic phase. Over 500 companies participated in the online survey, including both large enterprises and micro, small and medium enterprises (MSMEs).
The survey also found that 43% of respondents are optimistic that business will recover to pre-pandemic levels within the next one to two years. This is encouraging as Malaysia moves into the endemic phase on April 1.
