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8 comment(s). Last comment by EngineeringProfit 2024-04-08 08:34
Posted by Income > 2024-04-07 07:56 | Report Abuse
“The incidents can affect the business confidence of not only local investors but foreign investors as well
Posted by EngineeringProfit > 2024-04-07 08:19 | Report Abuse
Who sabotage the country economy and ringgit value? That's like khianati is Sarawakians. We must rise to rebel and boikott his gang
Posted by EngineeringProfit > 2024-04-07 08:22 | Report Abuse
Boycotting local businesses can indeed have far-reaching consequences that go beyond mere economic impact.
1. **Economic Impact:** Local businesses are the backbone of any economy. They provide employment opportunities, contribute to tax revenues, and stimulate economic growth through innovation and competition. By boycotting these businesses, there's a direct hit to the economy, leading to job losses, decreased tax revenue, and a slowdown in economic activity.
2. **Country's Image and Goodwill:** Local businesses also play a significant role in shaping a country's image and goodwill. They often represent the entrepreneurial spirit, cultural heritage, and unique offerings of a nation. When people boycott local businesses, it can send a negative message about the country's business environment, potentially tarnishing its reputation and goodwill in the global market.
3. **Currency Strength:** A thriving local economy is closely linked to the strength of the national currency. When local businesses suffer due to boycotts, it creates instability and weakens the currency. This can lead to inflation, reduced purchasing power for citizens, and increased economic uncertainty, affecting everyone in the country, including those not directly involved in the boycott.
4. **Social Fabric:** Local businesses are often deeply connected to the social fabric of communities. They sponsor local events, support charitable causes, and foster a sense of community pride. Boycotting these businesses can erode this social cohesion, leading to divisions and tensions within society.
In essence, boycotting local businesses can be seen as sabotaging not just the economy but also the country's image, goodwill, and overall stability. It's important to promote a balanced approach that encourages responsible consumer choices while also supporting local businesses and the broader national economy.
Posted by icecool > 2024-04-07 16:42 | Report Abuse
yeah we must stop all these nonsense or else later will have religious wars.
Posted by EngineeringProfit > 2024-04-08 07:26 | Report Abuse
End? Just the beginning..anything with A....including akmal
And Vern
Posted by speakup > 2024-04-08 07:35 | Report Abuse
u can scribble anything, as long as someone can imagine its the word Al**h, habis u! malaysia = tailban 2.0
Posted by EngineeringProfit > 2024-04-08 08:34 | Report Abuse
Slowly but surely......with dap as accomplice
No result.
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save malaysia!
Visa-free travel to China extended for Malaysians to 30 days
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Koon Yew Yin's Blog
CPO price is rising rapidly as shown by chart below - Koon Yew Yin
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Axcapital's investment blog
KAB - Executing its way to a record quarter. Could more Petronas contracts be coming?
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BFM Podcast
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
12,440 posts
Posted by Income > 2024-04-07 07:55 | Report Abuse
MCPF Kinta district chairman Chung Kok Heung said Umno Youth chief Dr Muhamad Akmal Saleh must end his calls to boycott the KK Super Mart convenience store chain nationwide.
He hoped the police would catch the culprits involved in the Molotov cocktail attacks on three shops of the convenience store chain.
“Such attacks are creating fear among the general public, and this could deter people from purchasing items from the convenience stores.
“The incidents can affect the business confidence of not only local investors but foreign investors as well.