Consumer spending to remain robust


The CEO Outlook 2008 continues with the views of Tan Sri Liew Kee Sin, Alain Crouy and Rajah Kumar, from the property development, cement and consumerelectronics sectors respectively. Liew, who leads the country's biggest propertydevelopment company by market value, looks forward to spillover effects of RM9bil that may be released from the Employees Provident Fund's monthly withdrawal scheme. Crouy at Lafarge Malayan Cement welcomes fairer pricesfor cement after they had remained unchanged for many years following the Asian financial crisis. Rajah Kumar, who heads Philips, expects consumer spending to continue to be healthy as consumers become more affluent and look for innovative lifestyle products. 

Tan Sri Liew Kee Sin 

Managing director and CEO  

SP Setia Bhd Group  

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