Category: CORONA-COVID-19
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Need help on moratorium? This bank has OPEN DAY for 7 days in 17 branches nationwide.
Moratorium is ending. Anyone here needs help on moratorium? Do we feel that it will be a huge thing come October 2020? Earlier article here: Challenging time after moratorium ends? Do we think Bank Negara Malaysia will have to do something drastic come October 2020? Well their next Overnight Policy Rate meeting will only be…
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Positive near future. U-shaped recovery for ASEAN + 3.
After a devastating Q1 2020 due to the COVID-19 pandemic, China’s growing again though nowhere near it’s previous GDP growth. It (China) grew by 3.2% in Q2 2020. This is after a minus 6.8% in Q1 2020. Do read the article here. While the growth is going to be affected by the world’s COVID-19 situation…
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BNM takes the lead, now we should have a gentler October.
There’s always that feeling that come October, there will be casualties all over among the SMEs which will struggle to start repaying their loans. This is because their businesses which had been affected by the COVID-19 has yet to recover or for some not yet fully recovered. This is despite the reopening of the economy.…
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Exciting Happening. We get free money.
Is RM50 a lot of money? Erm… how to answer this question. Never mind, read on. Okay, this free money is not enough to buy that brand new handbag priced at RM500 after a 50 percent discount yeah. However, if we are speaking about RM750 million which is aimed at boosting spending and which will…
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Losing RM45 billion is scary, really. Please get it back, get more.
Tourism industry is not in a good shape for the past many months. No inbound tourists from overseas, no local tourists because everyone must stay at home. Now that it’s Recovery Movement Control Order (RMCO), some of these tourism players may get some business again. It will not recover suddenly yeah. Unemployment number shot up…
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Property Bubble is negative. Travel / Green Bubble is positive. Which country to start first?
If the question is whether Malaysia will welcome international visitors again, the answer is yes. If the question is when, then it may be a little more tricky. Malaysia does not wish to open its borders to all countries and for countries which it opens its borders to, it expects that country to reciprocate too.…
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Here are just 5 reasons why the new norm cannot be to abandon the offices and just WFH.
Too many people kept saying that new normal means everyone and most companies will now abandon their office and will now push towards working from home. After all, companies could save on rentals… right? Employees meanwhile could continue to be very productive when working from home versus facing traffic jams daily…right? My personal opinion remains…
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Reopening is restarting. Also known as normalising.
I think this should be good news for theme park operators. They will be allowed to reopen beginning 1st July 2020. Yes, that’s today. A friend said that “so what if they reopen? You think they will get lots of people visiting it?” Actually, reopening is just restarting. This is also known as normalising. Any…
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Banks could extend the moratorium if they choose to. Two have responded.
Do you like the moratorium of 6 months? I think majority of Malaysians do. The moratorium of 6 months specifically for home loans until end September 2020 brought financial relief to many. It gave a breathing space to those who may have lost their job and is now struggling to find a new one. No…
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Yeah, border opening needs to start slowly
There are countries where the population alone is big enough to push the general consumption of goods and services and help businesses to keep growing. For example, China, India, Indonesia and definitely America too. Of course, they still need to trade with other nations too. For smaller nations like Malaysia, we need to expand the…
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Really need vacation overseas? Kimchi destination, perhaps?
Yesterday, there was that ‘travel bubble’ suggestion which our Minister in the Prime Minister’s Department (Economy) Datuk Seri Mustapa Mohamed said the government has yet to finalise its decision on the ‘travel bubble’ proposal. Article here. Travel Bubble meant that we have an arrangement for countries within this ‘bubble’ to allow travelling between overseas. The…