WEDNESDAY, JUNE 21 KUALA LUMPUR- Release of May 2017 Consumer Price Index at 1200 (0400 GMT) KUALA LUMPUR- Yang di-Pertuan Agong Sultan Muhammad V attends breaking of the fast and Tarawih prayers with Prime Minister Najib Razak, Deputy Prime Minister Ahmad Zahid Hamidi and cabinet ministers at Istana Negara at 1900 (1100 GMT) PUTRAJAYA- Prime Minister Najib Razak attends the memorandum of understanding signing ceremony on sukuk loan between Perbadanan PR1MA Malaysia and four banks at Banquet Hall, Level 3, Prime Minister's Office at 1300 (0500 GMT)
KUALA LUMPUR: The Malaysian Retail Chain Association (MRCA) is expecting an increase of about 4.5% in retail sales this year, driven by the country’s tourism industry.
MRCA president Datuk Gary Chua said when the government implemented the goods and services tax in 2014, consumer sentiment turned cautious, but had since improved, recording a more than 4% growth in 2015 and below 4% last year.
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