AEON 2Q slumps 36% on lower revenue, higher operating costs
Revenue for the period rose 2.
Revenue for the period rose 2.
The demand for warehouse space remains high, with manufacturers being the main drivers as they expand their logistics space.
Gross revenue for the retail segment was 28.
In terms of total sale value, Malaysia retail industry in 2022 had recovered to 2019 level.
The groups believe the proposed luxury tax is a "lose-lose proposition" where the country will "lose foreign tourist arrivals and lose Malaysians from buying locally, coupled with the loss of foreign exchange".
The construction group said it is buying Deluxe Mission Sdn Bhd from its sole owner, Soon Boon Fei, for RM8 million.
In a joint statement on Wednesday (Feb 8), seven associations representing retailers and the owners and operators of hotels, theme parks and shopping malls lament that their monthly energy bills have gone up by at least 20% to 30% compared to the previous year, despite similar usage levels.
Industrial sector continues to flourish Optimism for the growth of retail sector following a robust quarterly growth PETALING JAYA (Aug 9): The local industrial sector has seen steady growth while the retail sector is recovering with stable increase of occupancy rates, according to the Knight Frank Malaysia’s Real Estate Highlights for 1H2022 (REH).
KUALA LUMPUR (April 12): The Malaysia Retailers Association (MRA) said on Tuesday it is appealing to the government to review and stagger the minimum wage hike of 25% come May 1, 2022 for the retail industry.