HLIB Research anticipates that the one-off RM100 cash transfer and lower RON95 petrol price for the majority of Malaysians should increase private consumption growth by approximately 0.2 percentage points.
PETALING JAYA: Analysts from research houses and fund managers appear to be largely positive on the “Appreciation Package” unveiled by the Madani government on Wednesday, generally agreeing it would provide a short-term boost to the consumer sector.
In addition, they see the benefits likely cascading down to tourism-related industries such as hotels and restaurants, as well as the food and beverage (F&B) sector.
