PETALING JAYA: Global management consulting firm Mckinsey & Co’s survey on Malaysia’s consumer sentiment in April shows 80% of the respondents are more careful about how they spend money and two-thirds (66%) are cutting back on their spending amid the Covid-19 pandemic.
The firm’s partner Suyin Soon (pic below) told StarBiz the survey revealed that while the economic challenge is significant, it also found Malaysian consumers to be relatively optimistic.
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