Malaysia "closed the country" for 14 days, port operations are affected
If the number of new cases in a single day shows a downward trend, a four-week second phase of "blockade" will be implemented, and some activity restrictions will be released.
Malaysian Prime Minister Muhyiddin Yassin announced last week that starting from June 1st, a 14-day “total lockdown” will be implemented across Malaysia, as the number of people infected with the new crown virus in the country has soared to a record. s level.
According to the blockade plan, from June 1 to June 14, Malaysia will suspend all economic and social activities except for key economic and service sectors.
After that, if the number of new cases in a single day shows a downward trend, a four-week second phase of "blockade" will be implemented, and some activity restrictions will be released at that time; if the epidemic is further controlled, the government will resume the implementation of the "movement control order", that is Economic activities are allowed to be carried out on the premise of complying with anti-epidemic regulations.
Although the blockade does not involve ports, the efficiency of port operations and terminal operations will be reduced, especially for trade activities passing through the Strait of Malacca, which will have a certain negative impact.
There is a shipping company that said that after Malaysia is "closed", the shipping business will definitely be affected, but the extent of the impact remains to be seen.
In addition, Malaysia is known as a "semiconductor important town", is one of the world's top seven semiconductor product export destinations, and is also one of the main centers of semiconductor packaging and testing in the world.
More than 50 semiconductor companies have set up factories in Malaysia, most of them are multinational giants, including AMD, NXP, ASE, Infineon, Intel, Renesas, etc. The "closure of the country" this time may further aggravate the global "core shortage" status quo.
It is understood that the epidemic situation in Malaysia has continued to rise recently, and the number of new confirmed cases daily has continuously exceeded new highs. On a single day on May 28, the number of newly confirmed cases exceeded 8,000 for the first time, reaching 8,209. If calculated according to the population ratio, Malaysia has newly diagnosed 205 cases per million people in a single day for a week, surpassing India's 150 cases.
Muhyiddin said in a statement that the utilization rate of intensive care units in Malaysia has reached the "limit", and he hopes that a complete lockdown order will block the chain of virus transmission and ease the pressure on medical resources.
At present, the epidemic situation in Southeast Asia is developing rapidly. In addition to Malaysia, countries such as Vietnam, Indonesia, the Philippines, and Thailand are also suffering from the impact of the new crown pneumonia epidemic. As the world's major production and manufacturing bases, if the epidemic in these countries continues to ferment, it will have a serious impact on the global supply chain.
At present, many Toyota and Honda factories in Malaysia have stopped production. Bac Ninh Province, Vietnam, where Samsung Electronics' production base is located, has implemented curfews and other travel restrictions. Vietnam's Bac Giang province temporarily closed four industrial parks, of which three industrial parks have Foxconn factories.
Some industry analysts said that with the outbreak of a new round of epidemics in Southeast Asia, part of the supply chain may be transferred back to China.