Category: CORONA-COVID-19
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Construction industry in Malaysia amidst effects of COVID-19? Any shortages of materials?
These days, when we are buying something online and the country of origin is China, it will take a far longer time for the delivery versus the days before COVID-19. The reason was because of the lockdown in many cities in China and thus this has affected the logistics and connectivity. In fact many may…
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COVID-19 and its effects on home prices?
A friend remarked that with the current fall in oil price due to COVID-19, the next one to fall would be property prices. Oil prices has dropped to levels last seen in mid-2017. (click for latest news) (Erm… 2017 is not that long ago, really) In my opinion, oil prices should be less volatile and…
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More money back into the economy affected by COVID-19.
There’s no need to read further if you already know about this and wishes to download the form to submit to your HR so that the deduction for Employees Provident Fund (EPF), here’s that link from EPF. (click to download) However, if you like to know a little more about what’s happening beginning April 2020.…
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Gold always glitter when others start to falter. Buy, buy and buy?
I have gold as an investment before. Bought and kept it for like over a year and sold it for nearly no profit at all. Maybe I invested without much understanding. There are some who swears by it yeah. This is the view of an engineer who has been continuously investing into gold. “My view…
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Rejoice or Despair? Rates are cut to lowest in 10 years. (almost)
I should be happy with another rate cut from our Bank Negara Malaysia (BNM). Another cut of 25 basis points or 0.25%. Home owners should be happy. 25 basis point for a RM500,000 loan is a reduction (savings) of RM67 for that home owner. The higher the loan, the higher the savings. The lower the…
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This is Malaysia’s stimulus to fight effects of COVID-19
Many governments have announced their COVID-19 stimulus packages to help the economic growth which has been badly affected by COVID-19. This includes Hong Kong’s stimulus: Hong Kong’s budget to combat COVID-19 and our close neighbour Singapore’s measures: Singapore’s budget to combat COVID-19 I think both have their own advantages and both gave out cash to…
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Help is coming (economic stimulus). Please hold on. (businesses)
Many countries have started to state their intention to launch stimulus packages to support businesses and industries affected by the covid-19 (coronavirus). This is because if these industries are in trouble, businesses will be affected and retrenchments may happen. When people lose their jobs, then they will have problems in paying for their loans and…
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Oh dear, 95,000 bookings cancelled due to coronavirus. How bad is this?
I was in Penang just last weekend and had the chance to catch up with my good friend Miichael Yeoh. He told me that he has news of many AirBnB booking cancellations due to the coronavirus. Actually, this is not the first time I heard of such cancellations. In fact this has cropped up in…