Household debt increased to 89.1% a worry to retail industry

Household debt continue on the rise. This gives less chance for central bank to relax further.  In this subdue retail sentiment in Malaysia.  Any new measures to cool credits increase will slow retail further.  A vital step buy will hit retail harder.

Government will spend further to boost infrastructure to contribute GDP in a bigger picture.

We will further reduce debt ratio this year.  With our investment strategy focused into three areas below:

1. Asset and dividend oriented growth to large cap companies.

2. Climate change related companies

3. Agriculture and foods related companies