Kuala Lumpur, Johor and Penang 126 hotels closed
Langkawi, Malacca City 115 hotels closed
KL Parkroyal Hotel will be closed for renovation for 15 months
KL Plenitude closes 3 hotels
KL Syeun Hotel Closed
Kinta River Front Hotel closed
Tower Regency Hotel closure
Hilton Hotel cuts 2,100 employees
Four Points Hotel closure
Expedia layoffs 3,000 jobs
Tioman Resort Closed
Cold storage Petaling historic supermarket closed
100% of tourist agencies are temporarily or permanently closed, causing 370,000 people in the country to shut down
100% of theatres are temporarily or permanently closed, causing 43,000 people in the country to close
70% hair saloons There is a wave of closure, affecting the livelihoods of 100,000 people
Colleges, training centres, professional schools are suspended, and more than 10,000 school buses are parked
Casinos, entertainment, KTV, bars, SPA, CLUB, GYM, temporarily or permanently closed,
Caused 1 million people in the country to suspend business
National chain milk tea shops also closed down one after another, laying off 25,000 employees
860,000 domestic college students, graduation equals career, employment opportunities are almost zero
The list continues to increase. Including unstated construction, development, contractors, supermarkets, and temporary sales.
81% in Malaysia #law firms will go bankrupt within one year, and they will not be able to escape downsizing. The disadvantages of combined operations or even closure
The lawyers of the Malaysian Bar Association have more than 20,000 members. Due to the COVID-19 pandemic, they are the same as most economic sectors that cannot be "stopped from the epidemic". In addition, low industrial transactions have impacted business decline and faced "downsizing" or bankruptcy doom. ... to strike a balance between companies and employees, we urge the government to strongly support professional categories, including law firms, because they constitute the lifeblood of the national economy.
Data from Sin Chew Daily, China News, and Oriental Daily.
Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024
Created by Koon Yew Yin | Jun 28, 2024
Any detail assessment of the result of opening of the schools in relation to the current pandemic issue
2021-06-28 16:31
Dear Mr Koon Yew Yin,
It seems you have an interest in the travel & tourism (T&T) industry. Indeed, this will is the final stretch before immunizations in Malaysia are completed and life moves forward
As such, the numbawan top pick sure win Recovery (T&T) and Value and Growth stock is Genting (3182)
The world moves in cycles - the seasons, economic cycle and recession (10 years), stock market cycle, property cycle, commodities cycle...
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox (KLCI + 44%)
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 RM ????
History always repeats itself
Years of downtrend will be replaced with years of uptrend
Genting will once again go on a Supercycle Superbull run in the Year of the Golden Ox as the economy recovers and accelerates as history has shown countless times after every recession
Sincerely,
EMSVSI
2021-06-28 20:43
101% King is more worry about he own company WZSATU 7245! Gogogogogogo! Gambateh!
2021-06-29 00:07
KYY is lucky now DingDing is running the government, if it is still AhJib, then KYY will be in trouble, somebody after KYY again. If it is under CCP, then he will be arrested long before.
Its funny to see people like KYY do not understand the facts and do not appreciate what they are given and being offered.
2021-06-29 11:03
Covid has caused immense suffering to people not only in Msia but many other countries in the world. It is for this reason that the world need to investigate what happened prior to and after covid brokeout at the epicenter of the pandemic. KYY seem to have the time dig out age old stories of social injustice in distant parts of the world but not enough time to discuss the real reasons why the world is undergong the turmoil and sufferring never experienced before. To find out who lit the match which caused the fire burning out of control now..
2021-06-29 16:18
DickyMe
The real impact is after the pandemic.
2021-06-27 22:46