BFM 89.9

HIGHLIGHTS 
Podcast  >  Morning Run  >  Morning Brief  >  Weaker Shopping Data Expected Due To Cost Of Living Crisis

Weaker Shopping Data Expected Due To Cost Of Living Crisis

Tan Hai Hsin, Managing Director, Malaysian Retail Group

06-Dec-23 07:30

Weaker Shopping Data Expected Due To Cost Of Living Crisis

Shopping traffic has returned back to pre-Covid levels. Lines are forming outside popular stores but their purchasing power is weakened by the cost of living crisis. The Retail Group Malaysia has lowered its retail sales growth rate estimate for the fourth quarter of 2023 to 2.1%. This is down from the 3% the group had estimated back in September. Tan Hai Hsin, Managing Director of Retail Group Malaysia shares with us his views about the retail sector.

Image credit: Shutterstock.com

Produced by: Chin Wai Lun

Presented by: Wong Shou Ning, Keith Kam, Anwar Mahbob


This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  economyCorporates

Tags:  retail group malaysiamalaysia third quarter results





Play / Pause

Listen now : BFM 89.9 -- The Business Station

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) Dr. Paul Watters, CEO of Cyberstronomy and Honorary Professor at Macquarie University, Sydney talks about the impact of illegal streaming websites on cybersecurity.

12:00 PM

Popcorn Culture

(REPEAT) We review One Battle After Another, Leonardo DiCaprio’s first collaboration with acclaimed director, Paul Thomas Anderson - and discuss your favourite of Leo's performances.

1:00 PM

Cruise Control

(REPEAT) How does the Zeekr 009 Executive fair against its competitors? Daniel shares his thoughts.

2:00 PM

Matt-Splained

(REPEAT) As workplace horror sweeps the Emmy’s, Rich and Matt wonder if it’s time to fortify that cubicle or resist return to work mandates with your life.

3:00 PM

Earth Matters

(REPEAT) Tourism shapes not just where we travel, but also our economy, communities, and natural heritage. We speak with the co-founders of Sustainable Tourism Malaysia about their journey, lessons after three years, and hopes for the future of tourism here at home.

4:00 PM

Bar None

(REPEAT) We look at the world of skateboarding from a competitive angle and how much it has grown here in the country.

5:00 PM

BBC World Service

The Life Scientific speaks to Jacqueline McKinley, a Principal Osteoarchaeologist with Wessex Archaeology.