Category: CORONA-COVID-19
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Sharp but Short recession means V-shaped recovery?
Nope, let’s not talk about the second most advanced economy in ASEAN today. Yea, still Malaysia and not any other country yet. Could Malaysia’s economy grow if the whole world is under lockdown? Definitely not. Could Malaysia’s economy be having a double digits growth next year if the whole world is still having a small…
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Highest unemployment % in Malaysia since 1990! Will June see a lower number?
The number is the highest since 1990. Not something to be happy about because this is our unemployment rate. It has reached 5% for month of April 2020. The reason is easy to see. Businesses are closed because of the Movement Control Order (MCO) and the reopening is only expected to provide some relief beginning…
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Moratorium and economic recovery. Business closures and retrenchments.
Do we see any relevance to these 4 things? Moratorium, economic recovery, business closures and retrenchments? Let’s run through it briefly and perhaps have a brief conclusion at the end. Moratorium of 6 months was a clever decision. It gives everyone a breathing space; businesses and employees may now stay focused on how to save…
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Are we going to recover from COVID-19 quickly?
I subscribe to visualcapitalist.com I think everyone should. They have very informative charts for everyone to understand where we are, where are we heading and perhaps telling us if we have a window of opportunity to do something about it. One latest table and infographics they have would be on country’s reopening as well as…
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When everyone is back to work, economy moves again.
Are you still at home? Working from home or still nothing to do? Hopefully it’s the former. COVID-19 has wrecked havoc our plans for 2020. Many things I wish to do is now pushed back as well. However, I feel blessed that all may loved ones are safe and we could continue to keep everyone…
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What’s reopening? The journey towards normalization while waiting for vaccine.
Schools are reopening in Vietnam, New Zealand and Germany. Article in VOX.com here. German students test themselves for COVID-19 every 4 days. Tests come back within the same day and the student could then proceed to go to school with a green sticker; there is no need to wear a mask. In Vietnam, temperature checks…
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New norm is to shop online? Do I look like one?
Do look at the few images below. During this MCO, my frequency of shopping online has increased from once a week to probably once per day. Somehow, there will be something that pops into my mind and I have to quickly get it via online. Groceries? Checked. Fresh fish from Kuala Selangor? Checked. Soup ingredients…
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Football has restarted! More on the way.
It’s a very delicate balance between the economy and the threat from the COVID-19 threat. Too tight for too long and the economy will find it hard to restart since the businesses have all had to fully close down. Too loose and we suddenly have the COVID-19 infection cases rising again. Not all are bad…
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If you really want the moratorium on your Hire Purchase, just do what your bank says.
By the way, it’s very important to understand that when we owe someone some money, we need to pay it back. That someone may tell us that they will not charge us interest because we are their good friend or they may tell us that interest will be levied. To me, both are just fine.…