MY SAY: The new economic model

It is heartening to know that "wellheeled Malaysians lived just as lavishly during the recent economic downturn." They seem not to be affected by the financial crisis, according to Synovate, the company that conducted a recently released survey. Malaysia is among 11 countries involved in the survey. There were 1,738 respondents here with a household income of over RM6,500 a month last year, and they showed among the highest propensity to purchase luxury items, according to the report