Aeon returns to black in 3Q as relaxation in lockdown boosts consumer spending
KUALA LUMPUR (Nov 26): Aeon Co (M) Bhd returned to the black with a net profit of RM16.
IGB reverses losses in 3Q on higher contributions from business segments
KUALA LUMPUR (Nov 19): IGB Bhd mounted an earnings recovery in its third financial quarter ended Sept 30, 2020 (3QFY20), posting a net profit of RM16.
Malls and retailers want more clarifications on CMCO SOPs
PETALING JAYA (Nov 17): While appreciating the updated Standard Operating Procedures (SOPs) given by the government, shopping mall operators and retailers are seeking more clarifications on their implementation over concerns of themselves or patrons being penalised.
重点报道：商场的CMCO 2.0生存秘笈
节节上升的新冠肺炎确诊人数导致政府被迫二次执行有条件行动管制令（简称CMCO）。虽然这并非商场的过错，但一浪接一浪的坏消息仍让城内各大商场蒙受每日访客人数剧减的打击。 针对第二次CMCO的影响，马来西亚购物广场协会（PPK）主席丹斯里Teo Chiang Kok告诉EdgeProp.
SME, retail and mall associations urge govt for more aid in Budget 2021
KUALA LUMPUR (Nov 15): While the Budget 2021 has been touted to be the largest budget in Malaysia, four associations have jointly urged the government to revise the national budget to provide “sustainable and meaningful” assistance.
'RM2 stores' grow 'quietly and below the radar'
PETALING JAYA (Nov 14): They have been called different names such as fixed-price, low-priced, general merchandise or discount stores but are popularly known as RM2 stores.
Associations oppose 'free trade area' in KL for petty traders
PETALING JAYA (Nov 12): Six associations have jointly urged the Ministry of Federal Territories (FT) to review and reconsider the ‘free trade area’ in KL for petty traders, as announced by FT Minister Tan Sri Annuar Musa on Tuesday (Nov 10).
Department stores the worst-hit retail sub-sector, says report
KUALA LUMPUR (Nov 7): The Malaysia Retail Industry Report has revealed that for the second quarter of 2020, the worst-hit retail sub-sector was department stores.
Rebuild economy to revive retail industry
While the outlook of shopping malls in the near term remains bleak due to the third wave of Covid-19 and intense competition of online shopping, Henry Butcher Retail managing director Tan Hai Hsin is optimistic that shopping malls are still relevant in the long run.
REITs down in morning trade on emerging risk of tenants dropping out
KUALA LUMPUR (Nov 5): Shares in real estate investment trusts (REITs) dropped in the morning trading session on Bursa Malaysia today, following emerging risk of tenants dropping out for retail mall owners.
