Factories Supermarkets Have Resumed Shutting Down

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Ok folks lets just call this news.   Some of seem unhappy when I write about all this 'bad news'. So lets do an ostrich and just call this news.
Two days ago the supermarket across the street from our business shut down. They put up this message. 
This was a very old 'local' supermarket catering to a largely local crowd - mostly Malay customers. Business started going bad for them - like for everyone else - since the GST began in 2014. The economy has not really recovered.
After the Pakatan Harapan won the General Elections last year May 9th 2018 I guess everyone was waiting for a turnaround. Sadly that turnaround does not appear to be coming. There is no clear direction or policy initiative on how to move the economy forward.  The Pakatan government is quite oblivious.  
Hence after waiting for another six months, 10 months etc businesses are beginning to shut down again.   There is more 'shutting down' news below.


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Here is some Penang news :  Electronics and other factories are downsizing, VSSing or just shutting down in Penang.
More than a thousand jobs are being lost in these two lists down here:







Now here is something more disturbing.  Least productive employees are being let go first. Want to guess who?
I will be going north again soon to 'pi usha sikit'.  Will have more to say.
That 4+% GDP growth rate is coming from somewhere but not everywhere.  Significant portions of the economy are suffering badly.
The government needs to think seriously.  They are not. They are not being serious at all.Posted by Syed Akbar Ali 

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