FEATURE-Cheap and cheerful: Street traders undervalued in Asia's cities [Reuters]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: Reuters
FEATURE-Cheap and cheerful: Street traders undervalued in Asia's cities | Reuters 7 Min Read KUALA LUMPUR, April 20 (Thomson Reuters Foundation) - As a seemingly never-ending line of office workers patiently wait to be served lunch at a makeshift food stall in Malaysia’s capital, owner Masidah Jais takes a well-earned break. With the help of her five children, the 58-year-old street-food vendor, whose most popular item is a spicy fish dish, cooks and serves up tasty meals to hundreds of hungry workers each day at one of Kuala Lumpur’s designated hawker sites. “With no licence, we would be afraid to have a stand - it would be very difficult,” said Jais, whose stall is among a handful that have permits to set up on a wide pavement surrounded by shiny skyscrapers and high-end restaurants. “With a licence, we’re happy,” she told the Thomson Reuters Foundation. Jais, who has sold street food for more than 20 years, is part of a vibrant informal economy in Asia, with a long cultural and eco
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- 3/25/24 - Form 6-K
- SMFG's page on the SEC website