Varnam Malaysia
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam Malaysia
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture
No Result
View All Result
Varnam Malaysia
No Result
View All Result
Home News

George Town’s Little India Business Owners Face A Significant Decrease In Shoppers This Year Due To Rising Inflation

by Sabita
November 13, 2023
Image Source Treksplorer

Image Source Treksplorer

Share on FacebookShare on TwitterSend
George Town, Penang, is one of the most significant places in the country that expresses some of the oldest and most revered histories and cultures of Peninsula Malaya. Since the dawn of maritime trade between South India and Southeast Asia, many Indian labourers and merchants have contributed immensely to the cultural, economic, religious, and even political aspects of the region. Today, Little India in Georgetown stands as a continued emblem of that heritage. This festive season helps to bring alive the vibrant mosaic of restaurants, clothing stores, and religious spaces, yet due to the rise in inflation, profits for this year’s Deepavali season have severely decreased for local business owners.
Image Source Gokayuwerewr

Even with the abundance of necessities and luxuries accessible for customers in this highly visited locality, business operators stated that this year profits have significantly decreased, comparatively from last year, due to the current rise in inflation, patrons opting to shop online for their needed and desired products, and the many other Deepavali bazaars that have been organised elsewhere.

Image Source lavidasondosviajes.com
Business owners also state that the presence of foreign businesses also poses an additional threat to the livelihood of local operations.
The government has to rethink how foreign businesses can operate bazaars here while local business owners have to pay tax as well as rent for their stores.

– Mr. Thanneermalai, Business Owner

Image Source Treksplorer
It is not just business owners who are at a loss due to the increase in inflation, and the competition from foreign businesses poses a significant threat to local businesses. Ordinary working-class people too have to bear the burden of this drastric change, as Mr. Thiruselvam, a customer, says that the crisis of inflation has affected the B40 community quite critically. He states how, in this current economic climate, this class of people are really struggling to get ends met.

Source: Bernama

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

Related:  Malaysia Airlines and State Tourism Boards Unite for Visit Malaysia Year 2026
Filed Under b40 indiansDeepavaliinflationlittle Indiamalaysian economypenang
https://lomp.at/hmacm
Share3Tweet2Send

YOU MIGHT ALSO LIKE

News

118 New Tents to Replace Collapsed Brickfields Deepavali Bazaar Stalls

by Kavitha
October 3, 2025

In an unfortunate turn of events yesterday, strong winds and heavy rain caused all the tents at the Brickfields Deepavali...

Read more
Image Source: Malay Mail
News

Several Roads in Brickfields, Masjid India Closed for Deepavali Bazaar Until Oct 19

Several roads in Brickfields and Masjid India will be temporarily closed to traffic from September 29 to October 19 to...

Read more
by Kavitha
October 2, 2025
Image Source: JustRunLah
News

30 Roads to Close for KL Standard Chartered Marathon This Weekend

Around 30 roads in the city centre will be closed in stages this weekend for the Kuala Lumpur Standard Chartered...

Read more
by Shivashangkari Chandran
October 2, 2025
Image Source: petronasletourdelangkawi Instagram
News

Road Closures Across Selangor for Le Tour de Langkawi 2025

Several major roads across Selangor will be temporarily closed starting Thursday, 2 October 2025, to make way for Stages 5,...

Read more
by Kavitha
October 1, 2025
Image Source: BERNAMA
News

Budget 2026: MoE Puts Student Safety and Anti-Bullying Measures First

The Ministry of Education (MoE) has announced that school safety and anti-bullying initiatives will be among its top priorities in...

Read more
by Kavitha
September 30, 2025
Image Source: Bernama
Community

MITRA Unveils Five Key Initiatives for B40 Indian Community

Five major initiatives aimed at uplifting the B40 Indian community will soon be implemented under the Malaysian Indian Transformation (MITRA)...

Read more
by Kavitha
September 25, 2025
News

Death Row Halt: Singapore Postpones Malaysian’s Execution

Singapore has postponed the execution of Malaysian national K. Datchinamurthy, which was scheduled for today. Datchinamurthy was arrested in 2011...

Read more
by Kavitha
September 25, 2025
Image Source: The Sultan of Selangor Cup Facebook
News

The Sultan of Selangor Cup 2025: Major Road Closures Around Merdeka Stadium on Sept 27

Several major roads around Merdeka Stadium will be closed from 2pm on 27 September 2025 to facilitate the Sultan of...

Read more
by Kavitha
September 24, 2025
News

Malaysian on Death Row to Be Executed in Singapore on Thursday

Malaysian national K Datchinamurthy is scheduled to be executed in Singapore on Thursday for drug trafficking, more than a decade...

Read more
by Shivashangkari Chandran
September 23, 2025
Image Source: Malaymail
News

Malaysia Expected to Face Temporary La Nina – MetMalaysia

The Malaysian Meteorological Department (MetMalaysia) has announced that Malaysia may experience the La Nina phenomenon early next year, which could...

Read more
by Kavitha
September 22, 2025
Load More

TRENDING

  1. 1

    30 Roads to Close for KL Standard Chartered Marathon This Weekend

  2. 2

    [PART 1] Light, Colours & Traditions: Deepavali Bazaars Happening Across Malaysia This October

  3. 3

    Road Closures Across Selangor for Le Tour de Langkawi 2025

  4. 4

    LRT Kelana Jaya Upgrade Works Delayed: Here Are the Affected Stations and Dates

  5. 5

    Astro Takes Fans On a Culinary Journey with Season 8 Premiere of ‘Rasikka Rusikka Reloaded’

  • Advertise With Us
  • Jobs
  • Contact Us
  • Privacy Policy

© 2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture

© 2025 Vijandren Ramadass. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Celebrity
  • Reviews
  • Features
  • Music
  • Trailers
  • Culture

© 2025 Vijandren Ramadass. All Rights Reserved.