TheSun 2008-11-19 Page11 Bracing For Tougher Times

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theSun | WEDNESDAY NOVEMBER 19 2008 11

news without borders

Bracing for Workers’


long wait
for justice
pg 13

tougher times
by Tim Leonard expecting to tighten their belts on dining
newsdesk@thesundaily.com and entertainment (59%), personal travel
(43%) and fashion and accessories (42%)
PETALING JAYA: Consumers in the over the next 12 months.
region are tightening up their belts and It also found 79% of consumers in
bracing for tougher times in the next 12 Malaysia spend above 10% of their personal
months. annual income on discretionary items, with
According to the inaugural MasterCard as much as 15% of consumers indicating
Worldwide Index of Consumer Purchasing they spend above 40% of their personal
Priorities, about 70% of consumers will be annual income on discretionary items.
cutting back on spending next year. Over 60% of consumers across the region
Consumers in Taiwan (90.8%), the spend above 10% of their personal annual
Philippines (90.5%) and Korea (85.5%) are income on discretionary items, with 11% of
among those who will be cutting back on respondents indicating they usually spend
spending most, with consumers in New more than 40% of their personal annual
Zealand (44%), Australia (46.5%) and China income on discretionary items.
(60.1%) showing slightly more resilience. Male consumers (69%) are less likely to
“Consumers across the region are cut back on their discretionary spending
bracing themselves for tougher times than their female counterparts (71%) while
ahead in 2009” said MasterCard Worldwide younger consumers are less likely to cut
economic adviser (Asia/Pacific) Dr Yuwa back on spending as compared to their older
Hedrick-Wong. counterparts. About 68% of consumers aged
“In most markets across Asia, more than 30 years and below indicated they would
half of the respondents surveyed are looking cut back on spending, compared to 72% of
at cutting back on discretionary spending. consumers aged 56 years and above.
“Even in China where consumer One in three consumers is looking
confidence is high, 60% of consumers have to save more than 20% of their income
indicated a reduction in their spending. as savings is considered important to
The index, which provides valuable consumers in all markets, especially
insight into consumers’ savings behaviour to Filipinos (97%), Indonesians (96%),
and their discretionary spending priorities Malaysians (93%), Indians (92%) and Thais
for the 12 months ahead is based on a (90%). Even China which was at the lowest
survey of 6,019 consumers across 14 end of the list had 78% of respondents
markets – Australia, China, Hongkong, stating that saving is important.
India, Indonesia, Japan, South Korea, In the top areas of discretionary spending
Malaysia, New Zealand, Philippines, are dining and entertainment (59%) fashion
Singapore, Taiwan, Thailand and Vietnam and accessories (46%), children’s education
– surveyed in September. (44%) and personal travel (42%).
Data collection was done via personal, Dining and entertainment is the top
telephone and computer-aided telephone purchasing priority in 11of the 14 markets,
interviews, with the questionnaire with the exception of India, Korea and the
translated in the local language. Philippines where children’s education was
The survey found Malaysian consumers top ranked.

Fall of ‘cai dan’ an MCA miracle


NEWLY appointed MCA to “lose the war (party
disciplinary bureau chief,
veteran leader Datuk Ng Press Digest elections) even before the
battles were fought”.
Cheng Kiat, says the fall of by Kong See Hoh And because of that the
a political empire and the newsdesk@thesundaily.com
then top leadership could
demise of cai dan (menu) not come out with an official
culture in the recent party the second was nominating cai dan.
elections is “a miracle for Ka Chuan to fill his cabinet However, he said in jest
MCA”. post (after the March 8 that although there was
This is a perfect general election). no official cai dan, “wild”
opportunity for MCA to “While this could have or unofficial cai dan were
change and if party chief happened in olden days, aplenty.
Datuk Seri Ong Tee Keat’s it is hard to believe it was Asked if the then top
pre-election proposal also happening in the 21st leadership has tried to push
for direct election of the century. for a cai dan, he said, “some
president by party members “Worse still, no one from of them wanted, but Tee
is implemented, it will the CC advised him against Keat said ‘no’; some lobbied
further reduce the harm doing it. Only members him but he insisted he did
caused by the cai dan whose words did not carry not want it”.
culture and factional fights. any weight dared to speak He said the fall of the
In an interview with up.” empire, and the dropping
Oriental Daily News, Ng He said if he had been of the official cai dan in the
said the results of the Oct 18 in the CC, he would have elections were not by design
party polls showed the party reminded the president but “it happened, and the
had ended an “empire”. (Ka Ting) that even if new leadership should grab
“The empire can be his brother was the best this opportunity (to push for
divided into the Tun Dr man for the job and had real change).
Ling Liong Sik and Datuk the unanimous support Ng, who had held the
Seri Ong Ka Ting dynasties. of the CC, he should not post of secretary-general
“Honestly, if Ling’s have appointed him the and health minister when
successor were to be elected secretary-general or Ling came to power,
by central delegates then, recommended him for the admitted that both he and
it would not have been Ka cabinet post. Tee Keat had been victims
Ting. But it was decided by He said he admired of the cai dan culture, and
the central committee (CC), Ka Ting for opting out of understand that the party
which was dominated by the cabinet after the party has to change its election
the president’s ‘yes’ men suffered a major setback mechanism, to include
who followed the cai dan in the last general election, direct election of the
culture.” but said the latter made a president by party members.
“Ka Ting made two big mistake by putting his He foresaw that the party
mistakes as party president. brother in charge of the very can wean itself of the cai
The first was appointing his ministry he gave up. dan culture once it adopts
brother Ka Chuan as the It backfired, he said, the system of direct election
party secretary-general and causing Ka Ting’s men of the president.

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