With the rising cost of living, private consumption in the fourth quarter of 2022 may have experienced some weakening, but generally, companies are still optimistic of the opportunities ahead.remains confident on the fundamentals of consumption, while closely assessing the impact of rising inflation on purchasing power.
Nestle Malaysia has planned for capital expenditure of RM1bil in 2023, which reflects its confidence in Malaysia’s solid fundamentals. Perodua’s sales target for 2023 is 314,000 units; this target is based on healthy demand and the company’s ability to meet that demand. Mah Sing became confident that new launches will continue to be well-received, with the successful launch of the first tower of M Astra in Setapak, which was 95% sold over the weekend.
Nestle is also focused on providing healthy and nutritious products that meet consumers’ expectations.
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