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Showing posts with label infla. Show all posts
Showing posts with label infla. Show all posts

Consumer, Investor confidence down

By Joe Fernandez
KOTA KINABALU : We were earlier at CentrePoint Sabah after church.

One IT shopowner came running towards us. He opened a 2nd outlet at the complex in Jan. He opened an outlet in Megalong last year. It's still losing every month.

He complained that business at CPS, including his, was down 40 per cent in May compared with Jan. He won't make even RM 4, 000 this month to cover the rental at the 2nd CPS outlet. His workers here are down to two from three previously.

The number of workers at his first CPS outlet is down by two to three. For the first time, he's not sure the outlet can break even this month.


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