BFM 89.9

Podcast  >  Morning Run  >  Morning Brief  >  How Do We Rebuild Consumer Confidence?

How Do We Rebuild Consumer Confidence?

Professor Mahendhiran Nair, Economics Professor, Monash University

01-Jul-20 07:47

How Do We Rebuild Consumer Confidence?

Now that the MCO has been lifted and people are returning to the daily grind, businesses are hopeful that people will start spending again. And it’s a sentiment shared by Minister in the Prime Minister's Department for Economic Affairs, Datuk Seri Mustapa Mohamed.

Earlier this week in an op-ed he wrote, he called on Malaysians to start spending in order to help our economy, and according to some numbers out of the Statistics Department, 90% of workers have returned to work but retail performance is only at 30% of pre-MCO levels.

Now there are many reasons for this as the pandemic has left some jobless or having to take massive pay cuts, and those life-changing events are hard to bounce back from. So how do we rebuild confidence and help revive the economy under challenging circumstances?

Produced by: Arleen Webber

Presented by: Roshan Kanesan


Download the BFM mobile app. Stay at home and stay up-to-date.

Tags:  Consumer ConfidenceMCOMustapa MohamedRetail SpendingConsumer SpendingConsumer Goods/ServicesEconomy, MarketsSMEMarketsBusiness AnalysisTrends and ForecastsInvestments


Business
Money
Life

Share this podcast




Play / Pause

Listen now : BBC World Service

Today’s Shows



6:00 AM

The 6AM Stretch

7:00 AM

World Market Watch

7:15 AM

Morning Brief

8:00 AM

The Breakfast Grille

Yeo Bee Yin, MP for Bakri and Author of The (Un)Finished Business

8:30 AM

Morning Brief

9:00 AM

Opening Bell

9:35 AM

BBC World Service

10:05 AM

Open For Business

Rick Lim & Ong Hwee Wen, Co-founders, PYNG

11:05 AM

HerVantage

Ida Mok, President of Blockchain Asia

12:00 PM

Enterprise Biz Bytes

Elaine Fernandez, Curriculum Manager at GIFT.ed

1:00 PM

The Breakfast Grille Repeat

Yeo Bee Yin, MP for Bakri and Author of The (Un)Finished Business

2:05 PM

Live & Learn

3:05 PM

Earth Matters

4:05 PM

Health & Living

5:00 PM

The Evening Edition

5:35 PM

Today On Twitter

6:05 PM

Inside Story

7:05 PM

The Evening Edition

7:35 PM

Popcorn Culture - Review

Bullet Train

8:00 PM

Cruise Control

Daniel Fernandez, dsf.my | Ariff Roose | Richard Bradbury

10:00 PM

The Pulse