Budget 2021: Not a good time to further push up household debts – IDEAS

PETALING JAYA (Nov 6): Under the present circumstances, it would be unwise to further encourage households to increase their debts, said CEO of the Center for Market Education and Senior Fellow at Institute of Democracy and Economic Affairs (IDEAS) Dr Carmelo Ferlito (pictured), commenting on the Budget 2021 tabled this afternoon at the Dewan Rakyat.

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Rebuild economy to revive retail industry

While the outlook of shopping malls in the near term remains bleak due to the third wave of Covid-19 and intense competition of online shopping, Henry Butcher Retail managing director Tan Hai Hsin is optimistic that shopping malls are still relevant in the long run.

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