Retail industry remains vibrant, says Pemandu

KUALA LUMPUR (Oct 13): Despite the apparent weak consumer sentiment since the implementation of the goods and services tax in April last year, the Malaysian retail scene remains energetic with more global brands getting a foothold in the country, said the Performance Management and Delivery Unit (Pemandu).

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Parkson to sell interest in China unit

KUALA LUMPUR (Sept 14): Parkson Holdings Bhd is disposing of its interest in an indirect wholly-owned China subsidiary along with the relevant shareholders’ loan which it says will boost its current year earnings by RM300 million.

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