News about retail

KUALA LUMPUR (Dec 26): The retail industry is expected to turn around next year, growing at a forecast 4.

KUALA LUMPUR (Dec 2): For the third quarter of 2020 (3Q20), the Malaysian retail industry recorded a poorer-than-expected growth rate of -9.

PETALING JAYA (Nov 28): Even though there have been shocking high-profile closures such as Singapore-based Robinsons in Shoppes at Four Seasons Place and The Gardens Mall in the midst of the pandemic, there have been reports of retailers continuing to expand and opening in malls.

KUALA LUMPUR (Nov 26): Aeon Co (M) Bhd returned to the black with a net profit of RM16.

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.

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.

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.

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.

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.

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).