Editor's Pick

Can the universal basic income concept be the saviour during Covid-19 economic fallout?

Associate Professor Dr Soon Jan-Jan of the School of Economics, Finance and Banking, Universiti Utara Malaysia, said UBI touted as a panacea to the economic hardships faced by the grassroots is a no-strings-attached monthly allowance given unconditionally, to all adult citizens of a country just enough to meet the basic requirement for food, shelter, and education.

DONE DEAL: Two floors of a four-storey shoplot, Jalan Sultan, Kuala Lumpur

Noteworthy:
● Land size: 4,800 sq ft; built-up: 4,400 sq ft

Unfurnished shop unit
● Nearby tourist spots: Petaling Street, Central Market, Merdeka Square and Kwai Chai Hong
● Served by LRT and MRT lines and bus routes, accessible by car via Jalan Pudu and Jalan Tun Sambathan

When: July 2020