Malaysians now enjoying much higher living standard


At 9 am(0100gmt), the local unit was at 4.1130/1170 against the greenback from 4.1155/1185 last Friday.

KUALA LUMPUR: Malaysians are now enjoying a much higher standard of living than before, said Economics, Institute of Strategic and International Studies (ISIS) said.

Its Trade and Regional Integration director Firdaos Rosli said Malaysians were slowly substituting to buy foreign vehicles rather than the national car, besides spending less on groceries and instead prefering to eat out as highlighted in the 2016 Household Expenditure Survey.

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