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KOTA KINABALU: Widespread work-from-home (WFH) arrangements could trigger significant economic losses despite generating fuel subsidy savings, industry leaders warn.

Emeritus Chairman Dr Chris Daniel Wong said while WFH could save about RM169 million monthly in fuel subsidies, reduced urban economic activity may result in losses ranging from RM480 million to RM1 billion.

Sectors expected to be hardest hit include food and beverage, retail, petrol stations, transport and related services, driven by lower daily consumer spending and mobility.

He proposed a six to 12-month targeted loan moratorium to support affected businesses as WFH measures take effect from April 15.

Chris stressed that without balanced policy support, the broader economic fallout could outweigh the intended savings.