MIDF Research maintained a positive rating on the consumer sector.
PETALING JAYA: The consumer sector is a clear winner of Budget 2025, which has comprehensive measures strategically positioned to bolster household income and sustain consumer spending, says MIDF Research.
The key initiatives include an increase in cash assistance through the Sumbangan Tunai Rahmah (STR) programme, a hike in the minimum wage to RM1,700 starting February 2025 and targeted subsidies for RON95 petrol to ensure price stability for about 85% of Malaysians.
