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Economy

51 Results / Page 5 of 6

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eCurve Shopping Mall In Mutiara Damansara Is Closing Down Permanently On 31 March

Malay Mail reported that the eCurve management has asked tenants to vacate their lots, with most of the tenants packing in preparation to shift out a week or two before the mall shuts its doors to the public.The English daily quoted a laundrette owner, Rebecca Chong, saying that some of the shops have chosen to stop operations altogether because they have not been getting customers amidst the pandemic."The rest are […]

today28 February 2021

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Dr Adham Explains How The Fast-Track Quarantine For Ministers Helps The Economy

Speaking to The Star, he said the exemption order only applies to ministers who go abroad for investment purposes. He stressed that there is a need to create a 'travel bubble' for them.According to him, the country is losing RM600 million a day under the new Movement Control Order (MCO 2.0), and that spells an urgent need for such a leeway to bring in investments."According to the guidelines on the […]

today10 February 2021

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Why Are New Car Prices Going Up Not Just In Malaysia

You would think that a more affordable, lower-priced product will have a wider appeal than a higher-priced one. For decades, that used to be true.Except for a few outliers, the cheapest model of a car manufacturer's range is always the company's No 1 seller, think Volkswagen Beetle (the air-cooled one), Austin Mini, Ford Escort, and Datsun Sunny. This is no longer true in many markets, where higher-priced SUVs are now […]

today21 January 2021

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BPN 2.0 Second Payouts Worth RM100 To RM300 Will Reach You Starting 21 January

As a recap, BPN 2.0 is part of the RM10 billion PRIHATIN Supplementary Initiative Package (Kita Prihatin) announced by Prime Minister Tan Sri Muhyiddin Yassin on 23 September last year.The payments were planned to be distributed in two instalments - the first one in October 2020 and the second in January 2021.Therefore, this time around, if you are an existing recipient, you will be receiving the remaining amount of the […]

today14 January 2021

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Malaysia Expects To Pay Less Than RM891 Million To Singapore

The Singapore Transport Minister said the appointment of Assets Company (AssetsCo) as the systems supplier and network operator was the "centrepiece" of the HSR project as it would ensure that the interests of both Singapore and Malaysia are protected, reported The Straits Times.He explained that AssetsCo's role would be the middleman between the two countries, minimising the possibility of future disagreements and disputes over the decades-long project."Because neither country has […]

today5 January 2021

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Tony Fernandes Aims To Rehire All AirAsia Staff Who Were Let Go During MCO

AirAsia's mobile app and website boasts 17 million active users monthly. It is the group's aspiration to turn the platform into a super app, giving customers the convenience of finding anything related to travel and everyday life, such as food and fresh produce, all on one platform.Tony said the COVID-19 pandemic had allowed the company to fast-track its digital transformation by growing its non-airline businesses.Currently, the group has airasia shop, […]

today23 December 2020

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Residents Can Now Open Stalls Anywhere In KL, Putrajaya, And Labuan For Free

According to Free Malaysia Today, Annuar Musa said that the licence is needed to keep a record of all the traders.He explained, "We need their data for the long term. This is on the condition that their business does not result in any complaints from the public, do not block people's housing areas, occupy parking lots without permission, or cause... Click here to read the full article. Source:

today11 November 2020

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Emergency In Malaysia, Explained

Since yesterday, various Opposition members decried Muhyiddin's alleged attempt to declare an emergency as an 'overkill' move, citing existing laws as sufficient for dealing with the COVID-19 pandemic.However, it is worth noting that while the Prevention and Control of Infectious Diseases Act 1988 can empower the government to call off big gatherings, it cannot call off a by-election, a state election, or a snap poll.After the passing of former de facto […]

today24 October 2020

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Unemployment Rate To Balloon To 13% With 2.4 Million Jobless Msians Due To MCO

Prior to the pandemic, EPF noted that 19% of Malaysian children were living in relative poverty.In other words, 1.7 million children were living in a family whose parents or guardians made less than about RM2,900 — 50% of the median household income of the country, which is RM5,860.40% of children below the age of five experienced stunted growth due to poor nutrition, while 14,000 teens dropped out of secondary school.Based […]

today17 October 2020