KUALA LUMPUR: The retail industry is set to rebound with a 10% growth this year as consumers have factored in the impact of the goods and services tax (GST), Malaysia Retail Chain Association (MRCA) said.
Its president Datuk Liaw Choon Liang (pic) said that in 2015, the sector was dampened by plunging oil prices coupled with the introduction of the GST that weighed on sentiments as a whole.
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