retail group malaysia

Retail Asia21/03/2017

Malaysian consumers continue to tighten their belts as reflected by the 0.3% year-on-year growth of retail sales in the fourth quarter of 2016 (4Q16), according to Retail Group Malaysia (RGM). The quarterly growth of retail sales decelerated for the third quarter after it hit a high of 7.5 per cent in 2Q16, based on data […]

Retail Asia02/09/2016

Malaysia’s retail industry is expected to grow by 5.9% in the third quarter of this year, boosted by the timing of the Hari Raya holidays, according to Retail Group Malaysia (RGM) in the latest Malaysia Retail Industry Report. RGM said the projected growth would also be spurred by the Minimum Wages Order 2016 that was […]

Retail Asia13/06/2016

While Malaysia retail sales for the first quarter have taken a tumble, a decline was on the cards following the introduction of GST on April 1 last year. This boosted sales of big-ticket items in last year’s first quarter, and a year after the introduction of the tax consumers are still holding back on spending, […]

Retail Asia28/04/2016

Retail Group Malaysia (RGM) is projecting a 4% growth rate for the local retail sector this year, as it believes that consumers will still continue to spend in spite of the global economic uncertainty. RGM managing director Tan Hai Hsin said while consumers are cautious, they will continue to spend on goods and services that […]

Tag: retail group malaysia

Malaysians’ appetite for spending remains poor

Malaysia’s retail industry may grow by 6% this year

Malaysia retail sales fall

Local retail sector seen growing 4% this year