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Don't we have anything better than questionable MCO? ― Center for Market Education | What You Think


Wednesday, 05 May 2021 09:56 AM MYT
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MAY 5 ― Six districts in Selangor will go under the movement control order (MCO) effective May 6 until May 17. The six districts are: Hulu Langat, Petaling, Gombak, Klang, Kuala Langat and Sepang. The remaining three districts, Kuala Selangor, Sabak Bernam and Ulu Selangor will remain under conditional movement control order (CMCO).
The Center for Market Education (CME) expresses concerns over two main points:
1. Insisting on lockdowns ― or semi-lockdowns ― despite their effectiveness is questioned not only by the results achieved in Malaysia but also by abundant scientific literature published worldwide.

Hulu-langat , Selangor , Malaysia , Kuala-lumpur , Sepang , Kuala-selangor , Petaling , Malaysia-general , Kuala-langat , Bukit-bintang , Terengganu , Sabak-bernam

Personal debt will weigh down Malaysia's economic recovery if nothing done now, Anwar warns Putrajaya | Malaysia


Monday, 05 Apr 2021 06:02 PM MYT
BY SOO WERN JUN
PKR president Datuk Seri Anwar Ibrahim warned the Perikatan Nasional government that rising personal debt among Malaysians, especially those taken to buy homes and vehicles, will derail post Covid-19 economic recovery efforts if nothing is done immediately. — Picture by Miera Zulyana
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KUALA LUMPUR, April 5 — Opposition Leader Datuk Seri Anwar Ibrahim today urged Prime Minister Tan Sri Muhyiddin Yassin to come up with new measures to provide economic relief to Malaysians struggling to repay their personal loans.
He warned the Perikatan Nasional government that rising personal debt among Malaysians, especially those taken to buy homes and vehicles, will derail post Covid-19 economic recovery efforts if nothing is done immediately.

Port-dickson , Negeri-sembilan , Malaysia , Kuala-lumpur , Malaysians , Muhyiddin-yassin , Miera-zulyana , Perikatan-nasional , Anwar-ibrahim , Department-of-statistics , Datuk-seri-anwar-ibrahim , Opposition-leader-datuk-seri-anwar-ibrahim

Ismail Sabri: MCO in Tawau from tomorrow until April 16 | Malaysia


Friday, 02 Apr 2021 07:42 PM MYT
Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob speaks to members of the media after officiating a groundbreaking ceremony in Jalan Bernama, Kuala Lumpur, April 2, 2021. — Bernama pic
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KUALA LUMPUR, April 2 — The government will implement the movement control order (MCO) in the Tawau district in Sabah from tomorrow until April 16, says Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.
He said the measure was taken following a risk assessment with various agencies in the MCO Technical Committee and upon the advice of the Ministry of Health (MOH).

Mukah , Sarawak , Malaysia , Tawau , Sabah , Kuala-lumpur , Sarikei , Kinabatangan , Ismail-sabri , Jalan-bernama , Ismail-sabri-yaakob , Kampung-baji

MIDF expects temporary weakness in labour market due to MCO 2.0 | Money


Monday, 08 Mar 2021 06:07 PM MYT
A bird's-eye view of Kuala Lumpur July 8, 2020. — Picture by Hari Anggara
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KUALA LUMPUR, March 8 — MIDF Amanah Investment Bank Bhd expects the weakness in the labour market in the early part of 2021 to be temporary, and the job situation will improve going forward on the back of recovering economic activities.
With the new Covid-19 cases on a declining trend, the labour market would likely recover in the coming months as more restrictions have been gradually eased, allowing more businesses to reopen and resume operations, its research arm said.

Kuala-lumpur , Malaysia , Hari-anggara , Amanah-investment-bank-bhd , Kuala-lumpur-july , Investment-bank-bhd , Movement-control-order-mco , Malaysia-labour-market , Midf-amanah-investment-bank-bhd , Mco-2-0 , குவாலா-லம்பூர் , மலேசியா

Hours before MCO ends, new Covid-19 cases go above 2,000 again | Malaysia

KUALA LUMPUR, March 4 — Malaysia’s new-Covid-19 cases rose to 2,063 today, ending the three-day streak of staying under the 2,000-case range and just before the remaining movement control order (MCO) will expire at midnight. However, full recoveries continued to outpace fresh infections, with...

Malaysia , Melaka , Kuala-lumpur , Johor , Labuan , Federal-territory , Selangor , Malaysians , Negri-sembilan , Ahmad-zamzahuri , Dewan-kebajikan-gombak-setia , Noor-hisham

Malaysian Hotel Owners Association calls for lifting of interstate travel ban | Malaysia

KUALA LUMPUR, March 4 — The Malaysian Association of Hotel Owners (Maho) wants the interstate travel ban lifted for the sake of hotels that have suffered huge losses in the past 12 months. Maho in a statement today revealed that a meeting with the Ministry of Tourism, Arts and Culture (Motac) and...

Kuala-lumpur , Malaysia , Malaysian , Sayuti-zainudin , Nancy-shukri , Malaysian-associations-of-hotels , Malaysian-association-of-hotel-owners-maho , Ministry-of-tourism , North-south-highway , Malaysian-association , Hotel-owners , Datuk-seri-nancy-shukri

MCO: 305 held for breaching SOP, says Ismail Sabri | Malaysia

KUALA LUMPUR, March 3 — A total of 305 individuals were detained yesterday for breaching the standard operating procedure (SOP) of the movement control order (MCO), said Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob. Of the total, 296 were compounded, eight remanded and one released...

Kuala-lumpur , Malaysia , Malaysian , Ismail-sabri , Ismail-sabri-yaakob , Jalan-syed-putra , Malaysian-border-security-agency-aksem , Consumer-affairs-ministry , Malaysian-armed-forces , Kuala-lumpur-january , Choo-choy , Senior-minister

Malaysian pilot sisters step up as family breadwinners by doing barista, delivery work | Life

PETALING JAYA, Mar 2 — Malaysian pilot sisters Safia Anisa Abu Bakar and Safia Amira Abu Bakar are not letting the challenges of the Covid-19 pandemic stop them from supporting their family. Anisa, 24, has been working as a barista while her sister Amira, 29, has taken up delivery jobs to make...

Malaysia , Petaling , Malaysia-general , Malaysian , Safia-anisa-safiaanisa , Safia-anisa , Safia-amira-abu-bakar , Safia-anisa-abu-bakar , Airasia , Twitter , International-women-day , International-women-day-on

OPR likely to be kept at 1.75pc at upcoming Monetary Policy Committee meeting, say economists | Money


Monday, 01 Mar 2021 04:24 PM MYT
In July last year, BNM reduced the OPR to 1.75 per cent, a record low since the floor was set in 2004. It has since maintained the rate. — Picture by Ahmad Zamzahuri
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KUALA LUMPUR, March 1 — Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) of 1.75 per cent at the year’s second Monetary Policy Committee (MPC) meeting on March 4, amid expectations of an economic recovery, said economists.
Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said that high-frequency data such as exports and the Consumer Price Index (CPI) indicate that the economy is recovering.

Kuala-lumpur , Malaysia , Stephen-innes , Mohd-afzanizam-abdul-rashid , Ahmad-zamzahuri , Julia-goh , Laurence-todd , Bank-islam-malaysia-bhd , Economic-affairs-ideas , Institute-for-democracy , Bank-negara-malaysia , Monetary-policy-committee