Next 6-9 months will see  quite a number of newly opened F&B shops to cease operation.

F&B franchise here, roughly 15-30% slower. Though heard of some franchise restaurant getting up to 50-60% slower so unker just cukurrr as long as can pay off loan.

Major drop from FP, Grab & Shopeefood platform though.

What to do with construction? U mean machine?
My line, after mco knn everything increase. 1 years 3 4 time price increase.

No worries. Anyway I found recent years construction project also shrink, less project.  construction raw materials also increase .(recently just renovate my house). Those G5-G7 not so active like last time .

nobody I speak to say economy is ok

FnB still booming. Every week got new cafe opening.
People still queue up to buy RM16 llaollao while some eating 2 dishes rice less than RM8 every day.

Ramen shop open a lot

1 bowl rm30-40

Furniture manufacturing, many company sales drop >50%.
US market..die
Europe market...die
China market...not that good also
Worst than 1997 crisis.

will it be worst then when it is in covid time?

The current meta of business depend audience taste , purchasing attitude  and willing to pay certain price

can fairly say 99% rely on luck , someday u get 100 customer, some day u get 1 customer.

Significant revenue drop for the last 3 months, and things are still not looking well next year in terms of business costs.



for context, in F&B but last 3 months (Sep-Nov) is worse than fasting month (Mar-Apr)

Last major raise was Early 2022 (almost 3 years already), around RM1 adjustment on average.

Early this year got <RM0.50 cents on small selection of items (choc-based products due to cocoa price surge), but that's only around 15% of the menu.

No, no & no. I guess I should also mention, residing in neighborhood mall, one of the more affordable supermarket chains serving grocery needs.
Mall foot traffic declined noticeably so it's affecting every tenants also, some saying almost as bad as Covid years.

Anecdotal evidence also seeing less full grocery trolley carts during payday periods, but that's only personal sampling size so confirmation bias I guess.

Wow, pretty much mirror mine, and yes sales now worse than typical fasting month in previous years.

With eInv coming, it is bleak out there. Many companies reported lower revenues.

Few of my regular F&B customer already close down.
Notice so long didn't receive order from them, so went and Google Map search for their establishments and many of their outlets show "Closed permanently".
Then open up the boss whatsapp and notice the photo already changed to a Malay lady photo, even their number changed.

Maybe they earned enough and retired? Maybe they closed down and venture into other business?

dont worry, goverment sevent already get salary increase in december, water come in already, should be better then november.

i really dunno economy is slow or the buisness model we do is obsolete?if economy bad, why i still see new car is getting higher and higher sales per year? house renovation also everywhere...

This. I see more cars, house renovation, travelling etc. than previously.

But also see more "for sale/rent" shop lots around these days. Even shops that been operating there forever.
Even some malls have more vacant space recently.

I trust the government more cos the government gives me free dedak tongkat welfare zakat pension bantuan hutang x mao bayar lifestyle.

/S

Generally speaking business is slow, only Madani claims economy is great under them. And then there's the free dedak tongkat welfare zakat pension bantuan hutang x mao bayar lifestyle species supporting whatever Madani says.

U see on your fb wall lah, group lah. New cars everyday, pickball, makan bagus and teavel bagus.

Economy slow? Nahh others are blooming.

BMX Bapa Cukai Naik, Bapa No Subsidy but still acting action wanna give so many dedak tongkat welfare zakat pension bantuan hutang x mao bayar.

And u terpaling know, economist of the year ?

Repeat student for 15 years lo