KUALA LUMPUR: Malaysians are now enjoying a much higher standard of living than before, said Economics, Institute of Strategic and International Studies (ISIS) said. “More recently, goods spent via a popular online trade platform registered sales over RM100mil on Nov 11, Single Day alone. By the way, the retail prices of these products are usually much higher,” he added. Prior to this, he said the strengthening of the US Dollar against Ringgit since September 2014 did not deter Malaysians from spending money while travelling abroad. Malaysia's unemployment rate is defined as full employment by the Organisation for Economic Co-operation and Development (OECD).

Source: The Star December 12, 2017 03:11 UTC