Sunday, 12 Jul 2020 11:15 AM MYTAmir Hazmah suggested a special scheme, or recovery fund, be introduced for operators of higher education institutions. — Picture by Yusof Mat Isa
“This is because of the impact across all sectors involving hundreds of thousands of lost jobs,” was quoted as saying in a“The economic effect will persist. The RM10 billion estimation is for the entire industry. If for Bumiputeras alone, I do not think the amount would be that large. This is in order to survive the direct effect of Covid-19,” he added.
“The second dimension is that many do not realise that 50.3 per cent of tertiary students in Malaysia studied in private higher learning institutions. From the estimated 1.3 million students overall, 660,000 aged between 18 and 24 studied in private higher learning institutions. He said the Covid-19 outbreak has effectively hamstrung these institutions, citing around 60 to 70 per cent of them that were significantly affected during the implementation of the movement control order in March.