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Wednesday, January 09, 2008

2007 Malaysia Consumer Confidence.

Malaysian consumers 5th most confident in Asia Pacific.

MasterCard Worldwide Index of Consumer Confidence has conducted survey somemewhere in October and involved 5,411 consumers across 13 key Asia-Pacific markets.

Ten out of 13 Asia-Pacific market signalled an increased in consumer confidence level. Malaysian consumers are the 5th most confident.

Why Malaysia is at no.5? Malaysian people is likely to spending rather than saving, which is good for economy growth..hmm? | Malaysian consumers are most optimistic about their income | Bursa Malaysia was well performed in 2007, rise by 32%. Yes!Yes! |

How did they measure ? They measure by asking this questions below.

  1. Current business conditions

  2. Business conditions for the next six months

  3. Current employment conditions

  4. Employment conditions for the next six months

  5. Total family income for the next six months.

Conclusion? It shows that Malaysians average household income shows an improvement and the people satisfied with the market price. Read this article.


Lee Kim 1/10/2008 4:59 PM  

I can see your point. I realized some changes have happened to the people around me like:
- My neighbour bought a new car for his family
- My cousin so happy with her salary increment. She bought a dinner for us family.
- My brother won a tender from goverment project.

All these things I guess increase the consumer index.

ET Selma 1/10/2008 5:07 PM  

Let's use the credit card and buy everything we want. So we can broke ourselves just to see the index rise.

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