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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Full Budget 2021 speech

Full Budget 2021 speech INTRODUCING THE SUPPLY BILL (2021) IN DEWAN RAKYAT FRIDAY, 6 NOVEMBER 2020 THEME: STAND UNITED, WE SHALL PREVAIL INTRODUCTION 1.

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Embracing challenges

The third wave of Covid-19 in Malaysia has shaken shoppers’ confidence and also become the final straw that has broken the camel’s back for some retailers, in turn hurting the mall operators’ rental revenue and future expansion plans.

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