Malaysia's August wholesale, retail trade down 10.2% — DOSM
KUALA LUMPUR (Oct 12): Malaysia’s wholesale and retail trade recorded a double-digit decline in sales value for the third consecutive month in August 2021 with a contraction of 10.
Empire City Mall: We are confident of our investment in this mall, says Rubberex
KUALA LUMPUR (Oct 9): Glovemaker Rubberex Corp says it is confident about its proposal to take up a 20% stake in Empire City Mall in Petaling Jaya for RM180 million.
Malaysian retail industry grew 3.4% y-o-y in 2Q2021
KUALA LUMPUR (Oct 7): The Malaysian retail industry recorded a positive growth rate of 3.
Budget 2022 to focus on tourism, retail and SME sectors, says Tengku Zafrul
BERA (Oct 3): The government will focus on several sectors which are badly affected by the Covid-19 pandemic, including tourism, retail, and small and medium enterprise (SME), in Budget 2022 to be tabled later this month, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Iconic clothing retailer Kamdar closes smaller outlet near Jalan TAR headquarters
KUALA LUMPUR (Sept 30): The iconic clothing retailer Kamdar Group (M) Bhd has closed its Jalan Tuanku Abdul Rahman outlet in Kuala Lumpur with effect from Thursday to consolidate the business of two branches situated within close proximity.
Pressure on office and retail rents to remain as vacancy rates rise — BNM
KUALA LUMPUR (Sept 30): Despite various extensions of rental relief, up to half of mall operators reported significant difficulties collecting rents from their tenants in the first half of 2021 (1H21), according to Bank Negara Malaysia (BNM).
Retail prices of RON95, RON 97 and diesel unchanged
KUALA LUMPUR (Sept 15): The retail prices of diesel, RON95 and RON97 petrol will remain unchanged at RM2.
Retail associations: Urgent appeal for the resumption of business and work for the fully vaccinated
PETALING JAYA (Sept 7): Several commercial associations have urged the government to reopen all sectors of the economy, especially for those who are fully vaccinated to be present at workplaces without the need to obtain approvals from the relevant authorities.
Retail associations: Urgent appeal for the resumption of business and work for the fully vaccinated
PETALING JAYA (Sept 7): Several commercial associations have urged the government to reopen all sectors of the economy, especially for those who are fully vaccinated to be present at workplaces without the need to obtain approvals from the relevant authorities.
MRCA urges government to reopen all retail sectors
PETALING JAYA (Aug 12): With ramping up of the Retail Industry Vaccination Programme, Malaysia Retail Chain Association (MRCA) calls on the government to allow all retail sectors to be reopened immediately, with a continued strict adherence to standard operating procedures (SOPs) to ensure survivability and sustainability of the retail sector.
