Category: Malaysian economy and BNM
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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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Negative 3.1%. No, it’s negative 3.8%! Ok, who’s right?
There are two giant lenders in the world. One is called World Bank and another is International Monetary Fund or better known as IMF. World Bank is not known as WB because WB may just become Warner Brothers for many of us. World Bank says that this is what they do, “The World Bank Group…
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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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the KopiTalk #5 – Malaysian Property the best value in ASEAN, Really?
Updated 28th June 2020. The longest KopiTalk thus far in the series. 1.5 hours of non-stop learnings from Dr. Daniele Gambero. Feel free to watch the video for more information. Not just about Malaysia but many other countries within ASEAN too. Yes, we have reached the 5th in the KopiTalk series. This time, my guest…
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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…
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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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I need a holiday. (Even if it seems we were on a holiday?)
Yesterday, I logged into booking.com and started researching about some of the places I would like to visit and the availability of hotels. As everyone would have read, some of the hotels were closed. Not necessarily for good, just closed for this period when there were no travellers. Now, they may have to make arrangements…
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It’s not just about cars. It is also about people.
During the KopiTalk #1 with Sr. Michael Geh (click here to view) for the just announced Economic Recovery Plan (ERP), I asked him this question. “With the sales exemption for car prices, do you think more Malaysians would be buying cars instead of property?” He laughed and responded that he hopes people could understand the…
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Perhaps the normalisation will be pretty quick. I had to queue at…
After the Economic Recovery Plan (ERP) announcement on 5th June at 3pm by Prime Minister Tan Sri Muhyiddin Yassin, many articles immediately appear on mass media. Many experts gave their assessments. Some may be more positive, some may be more negative. Some say the ERP is focused on the SUPPLY side but does not take…