Consumer sentiment index at 21-year high

Malaysia Retail Chain Association (MRCA) president Datuk Liaw Choon Liang (inset top lrft) said the local retail sector was cyclical and should

PETALING JAYA: Malaysia’s consumer sentiment index (CSI) has risen to a 21-year high at 132.9 points following the 14th General Election (GE14).

The sudden rise is due to the Pakatan Harapan government’s move to zerorise and abolish the goods and services tax (GST) pursuant to winning GE14, along with the sound economic environment, a report by MIDF Research said.