KUALA LUMPUR (Jan 25): CGS-CIMB Securities Sdn Bhd said today the worst is likely over for the share price of retail-centric CapitaLand Malaysia Mall Trust (CMMT) in anticipation that the Covid-19 pandemic vaccine rollout in March 2021 will help turn around the country’s retail sector.
KUALA LUMPUR (Jan 6): The building management of Maju Tower/Maju Junction Mall here is said to have informed tenants of Maju Tower about the presence of a Covid-19-positive individual at the building maintenance unit.
PETALING JAYA (Nov 28): Even though there have been shocking high-profile closures such as Singapore-based Robinsons in Shoppes at Four Seasons Place and The Gardens Mall in the midst of the pandemic, there have been reports of retailers continuing to expand and opening in malls.
PETALING JAYA (Nov 17): While appreciating the updated Standard Operating Procedures (SOPs) given by the government, shopping mall operators and retailers are seeking more clarifications on their implementation over concerns of themselves or patrons being penalised.
KUALA LUMPUR (Nov 7): The Malaysia Retail Industry Report has revealed that for the second quarter of 2020, the worst-hit retail sub-sector was department stores.