Six business groups urge govt to delay SST expansion, warn of inflation and job losses
They specifically highlighted the proposed 8% tax on commercial rental and leasing services, deeming its timing "gravely misguided".
Malaysian retailers urge MOF to waive or defer SST on commercial rentals
"Defer the SST on rentals until after Visit Malaysia Year 2026 to preserve industry stability and support tourism-linked growth.
Lulu Group shuts down retail operations in Malaysia
Lulu Group had six retail outlets in Malaysia, according to a press release in October 2022, when it opened a store in Johor Bahru.
KIP REIT's 2Q net property income up 29% bolstered by newly acquired retail assets
NPI for the second quarter ended Dec 31, 2024 (2QFY2025) grew to RM21.
Malaysia's wholesale and retail trade growth slows in November, official data show
Distributive trade totalled RM149.
Retailers urge govt to reconsider electricity tariff hike over impact on country's economic recovery
The Malaysia Retailers Association is strongly urging the government to reconsider the electricity tariff hike, scheduled to take effect from July 2025, and to hold immediate dialogues with stakeholders to address their concerns and explore alternative solutions.
Padini announces retail revamp plans in Malaysia, Thailand for FY2025
The group operates its largest market in Malaysia with over 140 stores nationwide, where inflation concerns persist amid plans to cut subsidies for RON95 petrol from the middle of next year, following a similar implementation with diesel back in June.
M&M Ventures unveils RM50 mil retail park project next to ICC Pudu
With a budget of RM50 million, the four-acre retail park will offer shopping and dining experiences catering to both locals and tourists.
Parkson’s unit Parkson Retail Asia seeks exit from SGX watch-list
For the financial year ended Dec 31, 2022 (FY2023), the group recorded PBT of S$36.
Eversendai attempting to resume upside movement, says RHB Retail Research
In a trading stocks note on Friday, the research house said the counter is seen moving sideways below the 64 sen resistance.
