KUALA LUMPUR – Malaysia today has recorded 9,180 new COVID-19 cases in the past 24 hours, a new daily record and continuing its upwards surge. The previous record was 9,020 on May 29.
In a tweet, health director-general Dr Noor Hisham Abdullah said the total number of infections now stands at 817,838.
Selangor still recorded the highest number of daily cases with 4,400 cases, followed by Kuala Lumpur (1,271); Negeri Sembilan (899); Kedah (417); Sarawak (406); Sabah (323); Johor (315); Perak (241); Melaka (222); and Pahang (214)
Kelantan recorded 151 cases; Pulau Pinang (142); Terengganu (82); Labuan (80); Putrajaya (16); while Perlis reported 1 new case.
With most of Malaysia’s economic sectors still closed under the first two phases of the national recovery plan, many doubt the country’s ability to show meaningful recovery this year.
At the start of the year, there were projections that gross domestic product growth would be between 6% and 7%, but these have been downgraded since strict restrictions were imposed in May.
“The risk ahead is mass unemployment and a flat or negative economic growth. Also, there could be rampant inflation once the COVID-19 crisis is over and this could lead to a purely economic crisis,” said Geoffrey Williams of the Malaysia University of Science and Technology to Free Malaysia Today.
In order to help mitigate the challenges faced by Malaysians today especially in regards to finance, Money Compass Media, Max Capital Management Holding Ltd, uLearnMONEY, and Celik Wang, with supporting associations, Malaysia Literacy in Financial Education Association (MyLIFE) and SME Association Malaysia (SMEAM), will be organising the Save & Invest e-Fair along with a Financial Industry Career e-Fair on a cloud platform at https://smeefair.com.my/save-invest-2021/ .
With the theme ‘ Managing Personal Finance in Time of Pandemic ‘, the event will provide an effective platform and solutions for the financial industry to connect with public consumers, investors, and fellow peers in order to create and acquire more business opportunities.
The virtual fair also aims to connect fresh graduates and job seekers all across Malaysia with recruiters or directly with potential SME employers in the financial industry.
For those who are interested to participate and would like to know more about the Save & Invest e-Fair, visit the official portal at https://smeefair.com.my/save-invest-2021/ .
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