YOUR GATEWAY TO INDONESIA AND SOUTHEAST ASIA
Search
xxx hd
No image

Malaysia’s retail sales hit all-time high growth rate of 62.5 pct in Q2

KUALA LUMPUR, Sept. 1 (Xinhua) — Malaysia’s retail industry recorded an all-time high growth rate of 62.5 percent in retail sales in the second quarter, as compared to the same period in 2021, said Retail Group Malaysia (RGM) on Thursday.

This very promising result was attributed to three main factors – Hari Raya festival, relaxation of COVID-19 standard operating procedures (SOPs) as well as the forced closure