Modest 5% to 6% growth likely in Malaysian retail sector

PETALING JAYA: The local retail sector is expected to register a modest growth of between 5% and 6% this year, underpinned by sustained consumer sentiment from improved consumer spending and stability in the market. Malaysian Association for Shopping and High-Rise Complex Management past president Richard Chan said the local retail sector should grow “more than 5%” this year, buoyed by the three-month tax holiday and the […]

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