PETALING JAYA: With the cost of living rising faster than Malaysians’ income, eating out and getting takeaway food is not always pocket-friendly.
However, economists say it has become the hidden cost of working, as eating out or ordering takeout is the most viable option for many working Malaysians, especially in urban areas.
“The insistence on long working days and the demands of commuting, for example, mean that many people rely on eating out because they have fewer opportunities to shop, prepare food and eat at home. Therefore, they eat out more often.“As eating out has become more expensive, it takes up more of their disposable income, and so the cost of living becomes more of a burden.
Compared to other economies such as South Korea, Rafizi said Malaysian households spent a higher proportion of their income on takeout and eating out, thus shrinking their already tight disposable income. Prof Geoffrey said to improve the situation, the government must introduce better incentives to encourage FWAs to work from home and even reduce the working week to help people manage time better and give them the opportunity to prepare meals at home.
He added that the savings that the government gets from rolling back subsidies should be used to improve infrastructure such as public transport, healthcare and other initiatives that can help people improve their income.
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