KUALA LUMPUR: Malaysia’s wholesale and retail trade sales grew 15.2 per cent year-on-year (y-o-y) to RM133.9 billion in November 2022, mainly boosted by growth in the retail trade sub-sector, said the Department of Statistics Malaysia (DOSM). On a month-on-month (m-o-m) basis, the sales value of wholesale and retail trade decreased by 0.1 per cent, contributed […]
Read MorePETALING JAYA: The return of Chinese tourists to Malaysia is set to benefit the retail and hospitality segments. Hence, both the retail real estate investment trusts (REITs) and hotel REITs such as Sunway-REIT, KLCCP Stapled Group and Pavilion-REIT are likely to benefit from the influx of tourist arrivals into the country. Foreigners typically make up […]
Read MorePUTRAJAYA: The number of unemployed persons declined to 600.9 thousand persons, recording an unemployment rate of 3.6%, according to the Statistics Department (DOSM). “In November 2022, the labour market further strengthened in line with the development of current economic activities. Thus, the labour force situation continued to expand during the month, with a continuous increase […]
Read MoreKUALA LUMPUR (Jan 9): Malaysia’s economy is set to go through a “slow and normalisation” growth of 4.1% this year, down from an estimated 8.5% last year, reflecting largely the normalisation of technical high-base effects and a weakening external environment, according to Socio-Economic Research Centre (SERC). The research house’s executive director Lee Heng Guie said […]
Read MoreShopee’s New Consumer Trends Report Reveals Consumer Trends Driving Seller Resilience and Relevance KUALA LUMPUR, MALAYSIA – Media OutReach – 9 January 2023 – Shopee Malaysia kickstarted the New Year by launching its three-part 2023 Consumer Trends series called ‘Adapting to Malaysia’s Digital Consumers in 2023’. The first part of the series that focuses on sellers found that 63% […]
Read MoreKUALA LUMPUR: Malaysia can take advantage of the trade agreements that have been signed with other countries to strengthen manufacturing and increase exports, says Deputy Minister of Trade and Industry Liew Chin Tong. He said a strong and robust manufacturing sector, particularly the small and medium enterprise (SME), could sustain a good economy and employment […]
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