Hype Malaysia
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
No Result
View All Result
Hype Malaysia
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News
No Result
View All Result
Hype Malaysia
No Result
View All Result
Home News

CEO Ameer Ali Says Mydin Will Suffer RM500k Loss Due To Extra Hari Raya Holiday

by Syahrul
April 19, 2023
Source: IG

Source: IG

Share on FacebookShare on Whatsapp

Yesterday (Tuesday, 18th April), Prime Minister Dato’ Seri Anwar Ibrahim, delivered some exciting news. Malaysians will get to enjoy an additional public holiday in conjunction with Hari Raya Aidilfitri. Many were jumping for joy when the news came out, as this means everyone will get to spend more time with their loved ones during the holidays.

However, not everyone is pleased with the extra holiday, among those include Datuk Ameer Ali Mydin. In a recent interview with Astro Awani, the Mydin CEO said that his company will suffer at least RM500,000 in losses due to the additional Raya holiday. That’s half a million ringgit!

Pengarah Urusan Mydin Mohamed Holdings Bhd., Datuk Ameer Ali Mydin berkata pengumuman cuti khas oleh Perdana Menteri, Datuk Seri Anwar Ibrahim di saat akhir telah menyebabkan banyak perniagaan menanggung kerugian. #AWANInews #AgendaAWANI pic.twitter.com/pNSqmogiQb

— Astro AWANI (@501Awani) April 18, 2023

“Who does not want an extra holiday? I also want a holiday. But, everybody has already made their plans for Raya, many have even taken leave for this Friday. Now, when the prime minister announced an additional public holiday, this would incur costs to businesses,” he said.

Additionally, Ameer said the money set to be lost by businesses could’ve been used for other better causes, such as lowering the price of Menu Rahmah and other goods. According to him, “That half a million ringgit can be used to lower the price of Menu Rahmah to only RM4 per plate. This would benefit 500,000 people. I think the government shouldn’t become populist.”

PM Anwar has also announced four days of toll exemptions in conjunction with Hari Raya Aidilfitri. The toll exemptions will be from 19th to 21st April, and also on 24th April. That said, it appears that Ameer wasn’t very pleased with the government’s decision. “Those who can pay the toll, like myself, let them pay. We need to have a targeted subsidy, the model we are using now is incorrect,” the CEO argued.

Source: Facebook

Besides Mydin, other businesses will no doubt also be impacted.

Source: MalaysiaKini.

Ameer Ali MydinMydin
https://lomp.at/ay46h
Share3SendTweet2Share

Follow us on Instagram, Facebook or Telegram for more updates and breaking news. 



TOP STORIES TODAY

  1. 1

    Annalisa Qiqi: 5 Fun Facts About JJ Lin’s Rumoured New Girlfriend

  2. 2

    Jungkook For Calvin Klein Pop-up Happening In KL This Week

  3. 3

    Legendary HK Group Grasshopper To Hold “Three In Love” Concert In KL This August

  4. 4

    JJ Lin Shares Photo With Family & Rumoured GF; Seemingly Confirms Relationship

  5. 5

    Shakira, Madonna & BTS To Headline FIFA World Cup Halftime Show; Where To Watch World Cup 2026 In Malaysia

Malaysia’s live-wire for the latest news, trends, and entertainment is finally here. We are your calendar, your grapevine, your comic relief, your post-event coverage, and your celebrity stalker. Did we also mention that we are also your gateway to the world?

Contact us: newsdesk@hype.my

NETWORK

  • Lowyat.NET
  • Murai
  • Lipstiq
  • Varnam

ABOUT

  • About
  • Advertise
  • Jobs
  • Terms
  • Privacy Policy

©2026 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News

©2026 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Hype Picks
    • Go
    • Eats
    • Style
    • Streams
    • Concerts
  • Celebs
    • K-pop
  • Music
    • Reviews
    • Interviews & Features
  • Movies & TV
    • Movies
    • TV
    • Features
  • Lifestyle
    • Tech
    • Travels
    • News

©2026 Vijandren Ramadass. All Rights Reserved.