Cutting losses, unemployed youth return to kampung
City living not viable without steady income, some can’t see pandemic-battered economy recovering anytime soon.
Small grocers make big gains during MCO
Neighbourhood shops report sales up by 50%-60% as people avoid new-normal hassles at large supermarkets.
Raya fails to translate into more money for F&B operators
Diners still fear Covid-19, while owners have headache adhering to strict SOP.
Only 25% of construction projects operating since April
Many struggling to fulfil SOP requirements, getting foreign workers tested for coronavirus, says builders’ group.
Traders walking on eggshells
Glut in market as restaurants, hawkers and caterers stop operating during MCO.
Putrajaya doing little to ‘rescue’ firms
Youth staring at bleak picture as economists warn of wave of layoffs after Raya in wake of pandemic.
Go after FDI leaving China, economists tell Putrajaya
Many American, Japanese firms seeking ways to lessen dependence on China in wake of Covid-19.
Motorcycle sales see gradual recovery
Dealers urge govt to sustain purchasing power of B40 group, the main buyers.
Bumper season for used-car dealers
9,000 second-hand vehicles traded between May 18-21 alone, says industry insider.
Jobless rate set to hit 5% soon even as economy rolls along
MCO leads to widespread pain, especially among self-employed and SMEs, they say.
Banks will find it tough to extend loan moratorium till year-end
A goodwill measure for workers facing possible job losses or pay cuts.
Rule of law, wise leaders needed to attract investors
Former finance minister says Malaysia risks being left behind by neighbours in race for foreign investment.
Malaysia cannot escape recession, says Daim
Government needs to start thinking outside box, introduce extraordinary policy measures, according to former finance minister.