Not time to talk about DPM post
KUCHING: A political analyst says now is not the time to talk about the Deputy Prime Minister’s (DPM) post as it will not impact what is happening in the country currently. “They should think about how to manage the country. There are so many problems faced by the rakyat…address these problems, specifically on the rising […]
Universal basic income concept — saviour during Covid-19 economic fallout?
KUALA LUMPUR: Amidst the social pandemonium and economic fallout caused by the Covid-19 pandemic, a local academician believes a rather revolutionary and unorthodox concept that was once tried out in Canada seems worth a relook — the universal basic income (UBI) concept. Associate Professor Dr Soon Jan-Jan of the School of Economics, Finance and Banking, […]
EPF Account 1: Don’t withdraw unless necessary
MIRI: For the past few weeks, the Employees Provident Fund (EPF) Account 1 withdrawal has been a hot issue in the country. Most of the EPF’s contributors wanted to withdraw their savings (Account 1) after their livelihood was affected by the impact of Covid-19 pandemic. Following the economic fallout, many workers, especially those in the […]
Japan economy to fall at record pace
TOKYO: Japan’s economy will shrink at the fastest pace in decades in the year through March 2021, forcing the government to compile another stimulus package to cushion the blow from the coronavirus pandemic, a Reuters poll showed on Friday. Many respondents predicted the Bank of Japan’s (BOJ’s) next policy step would be to expand stimulus, […]
Almost half of self-employed lose jobs
KUCHING: Almost half (46.6 percent) of self-employed persons in Malaysia reportedly lost their jobs during the movement control order (MCO) since March 18. According to an online survey on the effects of Covid-19 on the economy and individuals conducted by the Department of Statistics Malaysia (DOSM) from March 23-31, nine out of 10 respondents are […]
Hit left, right and centre
Life is a mix of good and bad phases. Make the most of the good times, and never lose hope during the bad times. ― Dr Prem Jagyasi, Indian award-winning global speaker, publisher, global consultant and a bestseller author Total damage caused by the Covid-19 outbreak is difficult to ascertain. Obviously, fear had turned many […]
S. Korea watchful of economic fallout from Wuhan Coronavirus cases
WUHAN VIRUS SEOUL: South Korea said Tuesday it would spare no efforts to tackle with potential economic fallout from the Wuhan coronavirus, while vowing to take steps, if necessary, to minimise any negative impact. “We are closely examining the impact of the spread (of the virus) in China on its consumption and production, along with […]
