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.
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 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.
Malaysia Retail Chain Association launches F&B division
KUALA LUMPUR (July 28): Malaysia Retail Chain Association (MRCA) today launched its F&B Division and pledged to lobby for benefits and rights for F&B members to survive the Covid-19 pandemic.
Walmart provides free college tuition and books to 1.5m employees
PETALING JAYA (July 28): The 1.
Savills Malaysia: Fashion, entertainment to be the biggest losers within retail segment
KUALA LUMPUR (July 28): Fashion and entertainment businesses are expected to be the biggest losers within the retail segment owing to the spike in Covid-19 cases, according to Savills Malaysia.
