Consider the drawbacks of a cashless economy
KUCHING: While there are numerous benefits of a cashless economy, there are also drawbacks and challenges which need to be considered. Academy of Sciences Malaysia fellow and economic analyst Datuk Dr Madeline Berma said these challenges needed to be addressed in a comprehensive way before an economy can effectively transition from cash to cashless. “There […]
Conditional MCO to strike balance between health, economic demands
KUALA LUMPUR: The government’s move to announce the conditional movement control order (CMCO) effective Monday, May 4, was in response to heightening economic pressure, said economist Dr Madeline Berma. This, however, does not mean people’s lives are less important compared with economic demands, she said. According to her, the government has done its level best to flatten the curve […]
