How is life now in Malaysia with covid ?

16POSTS

5 years ago

hello everyone ...
How is life in Malaysia currently ?
Except for the tourist economy, are you feeling strong negative effects of the Covid crisis on the country's economy ?

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Usnahawk Active member

59POSTS

5 years ago

Extremely negative effects on all aspects

COTTON Mili Member

16POSTS

5 years ago

Thank you for your answer ... It's like almost everywhere in the world.
In your opinion, is it the lack of tourists that affects the Malaysian economy so much?
I am in talks for a partnership with a French restaurant brand already established in Malaysia, and who would like to open a new restaurant in Kuala Lampur ...
But given the health crisis, I wonder about the profitability of such a project intended mainly for Malaysian customers ...

Ps: sorry for my bad english

crystalvisuals Active member

29POSTS

5 years ago

Sounds interesting. I hope to move to Malaysia this August. Nothing as grand as opening a restaraunt though as I intend on teaching. I hope the crisis improves before then.

Are you a Chef?

COTTON Mili Member

16POSTS

5 years ago

Hello Chrystalvisuals
No, I am not a chef, but a craftsman in french food specialties, to say the least for the moment.
I really want to know what is the impact and economic analysis of entrepreneurs in business in Kuala. cordially

crystalvisuals Active member

29POSTS

5 years ago

Ah ok. Sorry I haven't a clue but wish you the best. When were you thinking of moving to Malaysia to start this business

Usnahawk Active member

59POSTS

5 years ago

I replied in dm

safety81 Active member

67POSTS

5 years ago

Wonder if the restaurant is Paul? Have enjoyed it at many locations around the world including the one in KL in the Pavilion Mall.

cvco Malaysia Expert

1237POSTS

5 years ago

Ok, covid has made life miserable in all respects and aspects and I wont list them.

Restaurants......some are open for take-out only which has severely hurt them because people would rather stay home and cook. I shouldnt say "rather," I just mean its more of a headache to go and wait outside, maybe in a storm for a meal youd have to drag home and still make a mess, not to mention that maybe you got infected in the process. Ive seen many restaurants close and not re-open at all. In any case, "take-out only" has meant a severe drop in business, however business is measured. They are suffering, as are hotels and anything "tourist."

COTTON Mili Member

16POSTS

5 years ago

#10

Thank you very much for your reply. Effectively an economic and social disaster worldwide. good luck to all.

COTTON Mili Member

16POSTS

5 years ago

#11

I'm mainly looking for information on the economic situation in Malaysia.
Wisdom invites me to be patient and has postponed my project for the moment. Too many uncertainties about the future now.

melissagroot Member

2POSTS

5 years ago

#12

Hi ,

I am Malaysian . I had a French Italian restaurant in KL before I moved back to Europe . If you would like some pointer you can let me know , happy to share with you .

Are you in France now ? I am still very much in contact with KL friends .

Cheer melissa

Jk1976 Active member

73POSTS

5 years ago

#13

We're working on a move to KL later this year, hopefully in summer. We have to be realistic, it's grim everywhere except for in Dubai where we lived for seven years (all businesses open there), but a new country means a new adventure and eventually all will reopen again. If MM2H reopens, I'm sure Malaysia could attract many people from abroad willing to spend money.

safety81 Active member

67POSTS

5 years ago

#14

I would think that after what MMH2 holders who happened to be out of the country had to face on account of the travel restrictions during the pandemic, some of the charm of MMH2 has got worn off.

Jk1976 Active member

73POSTS

5 years ago

#15

It's really no different from what happened in many other countries though. We had a colleague stuck in UK for months and a friend in Kuwait for 100 days because none of them were able to return to their homes in UAE. Far from ideal indeed.

safety81 Active member

67POSTS

5 years ago

#16

you are right.

we should spare a thought for all the Australians who are stranded overseas and are not being allowed to return to Australia.

COTTON Mili Member

16POSTS

5 years ago

#17

hello Mélissa ... Thank you for your comment. I just wanted to know how life was at the moment in Kuala ... An economic disaster like everywhere in the world ... So, I will be patient before considering an expatriation ... I am abroad at the moment ... Not very motivated to return to France. Good continuation

COTTON Mili Member

16POSTS

5 years ago

#18

hello, yes indeed no other choice but to wait ...

COTTON Mili Member

16POSTS

5 years ago

#19

Hello, yes certainly for sure ... As far as I am concerned, it is not MM2H expatriation that I am considering ...

COTTON Mili Member

16POSTS

5 years ago

#20

Hello jk1976 ... Yes catastrophic situation everywhere in the world ... Incredible this disaster !!!

COTTON Mili Member

16POSTS

5 years ago

#21

Hi, Safety81. This situation is unbelievable ... let's wait for an economic disaster worse than the Covid !!!

GiaRobertson Member

15POSTS

5 years ago

#22

Hi, I am an accountant in KL, based on my observation working with my business clients large & small I can tell you the impact of Covid on commercial activities in the country, it is a carnage. We are seeing so many business collapses now and into the near future.

I would like to end this thread with a positive vibe though, let's look forward to post Covid recovery, we will become better and stronger after this trial.

COTTON Mili Member

16POSTS

5 years ago

#23

Hi Gia Robertson... Thank you very much for your feedback.
It is an economic carnage which confirms this all over the world ...
The impact of the Covid is worse on the economy than on the health of people. A real madness!
I believe that if governments don't realize this sooner rather than later, the world is heading for very, very difficult times.