Save money, now is not the time to travel - Yusry
Translated from Malay, summarized and contextualized by DistantNews.
TLDR
- Datuk Yusry Abdul Halim advises Malaysians to be cautious with spending, especially on travel, due to global economic uncertainty.
- He highlights the impact of the US-Iran conflict on global crude oil prices and the subsequent effect on other goods and food prices.
- Yusry urges artists and the public to save emergency funds and consider measures like Work From Home (WFH) to reduce fuel dependency.
In these uncertain times, renowned Malaysian director, singer, and actor Datuk Yusry Abdul Halim is urging a collective sense of fiscal prudence. Speaking at a recent event, Yusry emphasized that the current global climate, marked by the US-Iran conflict and its subsequent surge in crude oil prices, is not conducive to discretionary spending, particularly on leisure activities like holidays. His advice is clear: "If you have savings, save them. Now is not the time to spend."
Pada saya sekarang kalau ada duit simpanan, berjimatlah. Sekarang bukan masa untuk berbelanja.
Yusry, a respected figure in the creative industry and a member of the iconic KRU group, elaborated on the far-reaching economic implications. He explained that oil is the lifeblood of the global economy, and any disruption sends ripples across the board, affecting everything from essential goods to food prices. "What is happening now is beyond anything we have ever experienced," he stated, drawing parallels to past wartime hardships but noting the current crisis centers on oil, a fundamental resource impacting fertilizer production and food supply chains.
Minyak adalah sumber untuk segala bahan lain, malah baja dan bahan makanan pun melibatkan ia juga. Apabila harga minyak melambung, seluruh rantaian ekonomi akan terkesan.
As a senior figure, Yusry extends his call for caution not just to his fellow artists but to all Malaysians. He advocates for building emergency savings to weather unforeseen circumstances. Furthermore, he supports proactive initiatives like the Work From Home (WFH) policy as a means to mitigate reliance on increasingly expensive fuel. Yusry implores the public to grasp the gravity of the situation, warning that a prolonged conflict could have severe consequences for the nation. The most prudent course of action, he concludes, is vigilance and the avoidance of unnecessary expenditures.
Kita mengeluh minyak mahal, tapi bayangkan suatu hari nanti tiada langsung bekalan minyak di stesen, apa yang kita nak buat? Itu masalah lebih besar. Sebab itu kita kena ambil langkah berjaga-jaga, catukan penggunaan minyak dan manfaatkan BDR.
Originally published by Utusan Malaysia in Malay. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.