Compiled by C. ARUNO, BENJAMIN LEE and R. ARAVINTHAN
WHAT was marketed as an ‘uncirculated’ RM100 banknote, which looks just like the legal tender, can be bought online for just 3.60 yuan (RM2), sparking fears that they will flood the local market, reported Sin Chew Daily.
The daily discovered that these counterfeit banknotes were being sold on several popular online shopping platforms.
None of them had the word “sample” printed on them, sparking fears that they could be passed off as real currency in Malaysia.
They were also marketed as being newly printed, with sequential serial numbers, as well as security features such as fluorescent elements and raised print – just like real ringgit banknotes.
“It is an art piece and not actual money. It is only for collection, display, and commemorative purposes, not for circulation,” a customer service representative said.
However, when pressed on where these uncirculated notes were manufactured, the representative avoided the question.
> University students from China studying in the Klang Valley are considering renting hotel rooms as they are deemed convenient and affordable, the daily also reported.
The discussion took place on social media app Xiaohongshu where students were seeking advice on the best long-term accommodation options in Kuala Lumpur and Selangor.
Hotel rooms became a top-contender after they realised they could rent a room for a whole month for as low as RM2,500.
“My agent said it is a viable option, and the cost isn’t as high as I initially thought,” one user wrote.
“Renting usually requires a one-year lease, but with a hotel, I wouldn’t need to worry about subletting when I go home for an internship,” said another user.
The only downsides to hotel rooms, according to them were not being able to cook or do their own laundry in their room.
The above article is compiled from the vernacular newspapers (Bahasa Malaysia, Chinese and Tamil dailies). As such, stories are grouped according to the respective language/medium. Where a paragraph begins with this ' >'sign, it denotes a separate news item.
