Time for malls to support local brands
PETALING JAYA (April 24): It is perhaps the best time now to support local brands and retailers in light of the impact from the Covid-19 and Movement Control Order (MCO) on the retail sector in Malaysia.
Malls becoming more cost-efficient in light of Covid-19
PETALING JAYA (April 24): The Covid-19 pandemic has given shopping mall operators the opportunity to improve cost efficiency, according to three major industry players who took part in EdgeProp.
Covid-19: Malaysia reports 88 new cases, 121 recoveries, one death
KUALA LUMPUR (April 24): Malaysia reported 88 new cases of Covid-19 today, the eight consecutive day with less than 100 infections.
Mall owners and tenants must unite over Covid-19 and MCO
PETALING JAYA (April 24): No one would have anticipated the Movement Control Order (MCO) brought on by the Covid-19 pandemic, not least shopping mall operators and their tenants.
Greater online and offline shopping convergence post-MCO
PETALING JAYA (April 24): While the Movement Control Order (MCO) in place in Malaysia to curb the spread of the Covid-19 outbreak has boosted the growth of e-commerce, major mall owners do not foresee it replacing the physical brick-and-mortar shopping experience.
Overbuilding of malls in Malaysia only in certain areas, says PPK
PETALING JAYA (April 24): Based on the ratio of retail space per person in the country, there is no overbuilding of shopping malls in Malaysia, stressed Malaysia Shopping Malls Association (PPK) president Tan Sri Teo Chiang Kok.
Mall operators see challenges post MCO but expect recovery in 4Q
PETALING JAYA (April 24): Shopping malls in Malaysia are almost empty during the Covid-19 Movement Control Order which has been in place since March 18 and mall owners expect the next few months to remain challenging post-MCO.
Neighbourhood malls offering essential tenants will recover quicker
PETALING JAYA (April 24): Neighbourhood malls with a high number of tenants offering essential products and services are expected to be less impacted by the Covid-19 pandemic and the Movement Control Order (MCO), than their larger and more high-end counterparts.
Malls' future amid Covid-19 discussed at EdgeProp.my's FBLive Fireside Chat
PETALING JAYA (April 24): Malls are now close to empty due to the Movement Control Order (MCO) to break the spreading chain of the Covid-19 pandemic.
Covid-19: Active cases in KL drop further to 346
KUALA LUMPUR (April 24): The number of active cases in Kuala Lumpur fell further to 346 cases as of noon yesterday from 432 on Wednesday, according to the Ministry of Health (MoH).
