PUTRAJAYA (July 1): Domestic tourism recorded double-digit growth in 2019, an increase of 11.
KUALA LUMPUR (April 8): The Movement Control Order (MCO) to combat the COVID-19 outbreak has impacted the country’s household spending patterns, recording a decrease of RM3,504 or 55%, reported The Malaysian Reserve (TMR) based on figures by the Department of Statistics Malaysia (DoSM).
KUALA LUMPUR (March 18): My EG Services Bhd (MyEG) has clarified that its COVID-19 rapid test kits do exist, and is currently awaiting approval from the local authorities and certification from the Ministry of Health (MoH).
KUALA LUMPUR (Nov 15): Malaysia's economic growth, as measured by gross domestic product, moderated to 4.
KUALA LUMPUR (Sept 18): Consumer spending — which accelerated during the tax holiday period from June to September that saw a mad rush for automotive purchases — is expected to decline from the fourth quarter (4Q18) onwards following the implementation of the sales and service tax (SST) on Sept 1, say economists.
PETALING JAYA (Aug 11): Consumer spending remains a key challenge in the Malaysian retail industry with many continuing to hold back on purchases due to growing concerns on the rising cost of living and weaker job prospects, said property consultancy firm Knight Frank Malaysia in its Real Estates Insights research report for 1H2016.