Abd Razak, Dzulkifli
(2010)
MY SAY: The new economic model.
The Edge Malaysia.
Abstract
It is heartening to know that "wellheeled
Malaysians lived just as lavishly during the recent economic
downturn." They seem not to be affected by the financial crisis, according to Synovate, the company that
conducted a recently released survey.
Malaysia is among 11 countries involved in the survey. There were 1,738 respondents here with a household
income of over RM6,500 a month last year, and they showed among the highest propensity to purchase luxury
items, according to the report.
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