Bank Negara: Ringgit reaping silver lining from US Fed rate cut, recovery driven by structural reforms and positive economic outlookA general view of the business operations under Global Ikhwan Service & Business Holding Sdn Bhd at Subang Impian in Shah Alam September 15, 2024.
A regular customer of one such restaurant at Jalan Rapat Bistari 1, Taman Rapat in Ipoh, Perak, Izzuan Ishak, 42, said it has become common for him to buy lunch at the restaurant almost daily but since yesterday, the shop has been closed. The situation is the same in Selangor, as a survey in Section 13 of Shah Alam found GISBH-linked restaurants and grocery stores now closed and based on information from the public, the shops are no longer open after being instructed to do so by the authorities three days ago.
A restaurant believed to be associated with the company located in Jalan Sultan Zainal Abidin, Kuala Terengganu, also stopped operating since yesterday, but equipment such as chairs, tables and iron shelves are still stacked in front of the shop. A nearby resident, Mohd Nazri Ghani, 50, said the restaurant had been operating for more than 10 years and most of its employees were young men in early teens and early 20s.
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