The next normal in retail industry
Malaysia’s retail industry has been heavily impacted by the Covid-19 outbreak in 2020.
70% of employers to implement hybrid work model after lockdown — MEF poll
KUALA LUMPUR (Oct 19): About 70% of employers who responded to a poll conducted by the Malaysian Employers Federation (MEF) indicated that they will operate in a hybrid fashion in the post-lockdown period.
Domestic tourism count halved in 2020, Selangor, KL had highest receipts — DOSM
KUALA LUMPUR (Sept 30): Domestic tourism in Malaysia declined significantly with visitor arrivals and total expenditure falling 44.
OSK 2Q profit climbs 73% to RM103.61m, declares one sen dividend
KUALA LUMPUR (Aug 27): OSK Holdings Bhd's net profit climbed 73.
Matrix Concepts records RM31.7m net profit in 1Q2022, on track to achieving RM1.2b sales target
SEREMBAN (August 25): Matrix Concepts Holdings Bhd recorded RM31.
Fung Wong Biscuit’s move to new shop halted by lockdown
KUALA LUMPUR (July 14): The fourth generation owner of Fung Wong biscuit shop in Petaling Street, Melvin Chan, found himself in a limbo when the tenancy of the old shop expired on July 1, 2021, and he was unable to move to his new shop on time due to the extended lockdown which began on June 1.
Sydney anticipates extended lockdown due to increasing Covid-19 cases
SYDNEY (July 12): The largest city in Australia is expected to extend the current lockdown due to the increasing number of Covid-19 cases caused by the highly infectious Delta variant, reported Reuters.
Get EMCO replaced with targeted lockdowns, retailer groups tell Selangor MB
KUALA LUMPUR (July 11): The Malaysia Shopping Malls Association (PPK) and other retailer groups have urged the Selangor menteri besar to step in to help get the Enhanced Movement Control Order (EMCO) imposed in the state replaced with targeted lockdowns.
Hotel Istana succumbs to Covid-19, to cease operations from Sept 1
KUALA LUMPUR (July 1): Five-star Hotel Istana Kuala Lumpur is targeted to close on Sept 1 after about 30 years of operations due to the Covid-19 pandemic and prolonged lockdowns.
