Cautious about festive spending

Ooi (right) and his wife Fletcher taking a wefie with his brother ronan, 22, (left) and two young cousins, Hanson and Jayden yeap, 13 and 10, at Gurney Plaza. — LiM beNG TaTT/The Star

Those enjoying higher disposable incomes should consider reducing their spending this Chinese New Year in view of a possible economic slowdown, says businessman Datuk H’ng Ban Choon.

H’ng said his restaurant business in the inner city had been affected, prompting him to adopt more conservative financial measures.