The Effects of Barter Trade Suspension in Sabah
The recent suspension of barter trade in Sabah, Malaysia, has caused losses in business revenues amounting to millions of ringgit and the loss of employment of hundreds of workers in the industry. We conducted a survey to quantify the impact of the barter trade suspension in major barter trade locat...
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| Formato: | Artigo |
| Idioma: | English English |
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Universiti Malaysia Sabah
2017
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| Acesso em linha: | https://eprints.ums.edu.my/id/eprint/33131/1/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah.pdf https://eprints.ums.edu.my/id/eprint/33131/2/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah1.pdf |
| _version_ | 1825714828104171520 |
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| author | Sarma Aralas Mohd Alliff Anwar Abu Bakar Chan, Jennifer Kim Lian |
| author_facet | Sarma Aralas Mohd Alliff Anwar Abu Bakar Chan, Jennifer Kim Lian |
| author_sort | Sarma Aralas |
| collection | UMS |
| description | The recent suspension of barter trade in Sabah, Malaysia, has caused losses in business revenues amounting to millions of ringgit and the loss of employment of hundreds of workers in the industry. We conducted a survey to quantify the impact of the barter trade suspension in major barter trade locations which included Tawau, Sandakan, and Lahad Datu, major cities in Sabah that are considered the hubs of barter trading in the state. Our survey findings show that the losses of direct income to traders due to the suspension range between RM1,680,000 - RM3,750,000 for eight traders in the survey sample conducted in May 2016. Other effects include the laying-off of barter-trade workers, and unemployment of employers, losses in the benefit of import-export activities through anticipated rising prices, losses in the diversity of consumption of imported products, and displacement of workers through relocation to other industry sectors or geographical regions to pursue new employment opportunities. |
| first_indexed | 2024-03-06T03:17:33Z |
| format | Article |
| id | ums.eprints-33131 |
| institution | Universiti Malaysia Sabah |
| language | English English |
| last_indexed | 2024-03-06T03:17:33Z |
| publishDate | 2017 |
| publisher | Universiti Malaysia Sabah |
| record_format | dspace |
| spelling | ums.eprints-331312022-07-12T12:54:01Z https://eprints.ums.edu.my/id/eprint/33131/ The Effects of Barter Trade Suspension in Sabah Sarma Aralas Mohd Alliff Anwar Abu Bakar Chan, Jennifer Kim Lian H1-99 Social sciences (General) HF5548.7-5548.85 Industrial psychology The recent suspension of barter trade in Sabah, Malaysia, has caused losses in business revenues amounting to millions of ringgit and the loss of employment of hundreds of workers in the industry. We conducted a survey to quantify the impact of the barter trade suspension in major barter trade locations which included Tawau, Sandakan, and Lahad Datu, major cities in Sabah that are considered the hubs of barter trading in the state. Our survey findings show that the losses of direct income to traders due to the suspension range between RM1,680,000 - RM3,750,000 for eight traders in the survey sample conducted in May 2016. Other effects include the laying-off of barter-trade workers, and unemployment of employers, losses in the benefit of import-export activities through anticipated rising prices, losses in the diversity of consumption of imported products, and displacement of workers through relocation to other industry sectors or geographical regions to pursue new employment opportunities. Universiti Malaysia Sabah 2017 Article PeerReviewed text en https://eprints.ums.edu.my/id/eprint/33131/1/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah.pdf text en https://eprints.ums.edu.my/id/eprint/33131/2/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah1.pdf Sarma Aralas and Mohd Alliff Anwar Abu Bakar and Chan, Jennifer Kim Lian (2017) The Effects of Barter Trade Suspension in Sabah. Journal of BIMP-EAGA Regional Development, 3 (2). pp. 13-22. ISSN 2232-1055 https://jurcon.ums.edu.my/ojums/index.php/BIMP-EAGA/article/view/1037 |
| spellingShingle | H1-99 Social sciences (General) HF5548.7-5548.85 Industrial psychology Sarma Aralas Mohd Alliff Anwar Abu Bakar Chan, Jennifer Kim Lian The Effects of Barter Trade Suspension in Sabah |
| title | The Effects of Barter Trade Suspension in Sabah |
| title_full | The Effects of Barter Trade Suspension in Sabah |
| title_fullStr | The Effects of Barter Trade Suspension in Sabah |
| title_full_unstemmed | The Effects of Barter Trade Suspension in Sabah |
| title_short | The Effects of Barter Trade Suspension in Sabah |
| title_sort | effects of barter trade suspension in sabah |
| topic | H1-99 Social sciences (General) HF5548.7-5548.85 Industrial psychology |
| url | https://eprints.ums.edu.my/id/eprint/33131/1/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah.pdf https://eprints.ums.edu.my/id/eprint/33131/2/The%20Effects%20of%20Barter%20Trade%20Suspension%20in%20Sabah1.pdf |
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