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:  economy,  Corporates

Tags:  retail group malaysia,  malaysia third quarter results, 


Latest Podcasts




Play / Pause

Listen now : BBC World Service: What kinds of food and drink help people keep...

Today’s Shows



11:00 AM

Best of Enterprise

(REPEAT) We discuss how AI is shaping information, engagement, and credibility in the digital age with Kiron Kesav, Chief Strategy Officer, PHD APAC at OMG Malaysia.

12:00 PM

Popcorn Culture

(REPEAT) We review Zootopia 2 and then ask: What (or who) are your favourite on-screen animal characters?

1:00 PM

Cruise Control

(REPEAT) We talk about Perodua's new EV, the QV-E and the conversations surrounding it. Daniel also shares his thoughts on the recently launched luxury sedan from JAC, the Maestro S800.

2:00 PM

Matt-Splained

(REPEAT) We look at the benefits of pressure washing your brain, Matt’s morbid curiosity and Richard’s misconceptions about horror fans.

3:00 PM

Earth Matters

(REPEAT) We speak to Meenakshi Raman about what COP30 in Belém achieved, what fell short, and what the outcomes mean for global climate action.

4:00 PM

Bar None

(REPEAT) We look ahead to the upcoming SEA Games and Malaysia's chances in the tournament.

5:00 PM

BBC World Service

What kinds of food and drink help people keep warm while living in extreme cold? The Food Chain explores.