The 7th moon

The 7th month 

I don't know whether it is the 7th month or the economy . I notice that the traffic on the roads in Penang is crowded with foreign cars but the malls  and restaurants was not crowded . Why is this contrast in the situation. If more cars in Penang , it will be naturally the business should be booming .

With weak Ringgit , more tourist should be coming to Malaysia,but the situation defies the logic . More visitors or cars means more spending but it was not. The visitors and the locals are cautious and cautious of their spendings. With GST impact and slowing Malaysian economy, the only way is to cut spending as the burden of moving gets tougher.

So it has nothing to do with hungry ghost month right? In the past , the local people are reluctant to go out at night during the 7th month where the spirits will be roaming around . There will be a lot of stage show to appraise the roaming spirits. But , the culture have gradually change and people is using this reason not to spend money too lavishly. This could be a good and valid reason.

Nevertheless, the ultimate result is a slower business activities whether is it due to the ghost , GST or weaker economy, the business multiplier effect is not there  where demand create supply and this activity have a snowballing impact to lift up the business sentiments 

It is really a bad time land a bad moon is rising .

Namaste..