Many small retailers expected to close shop soon


Bleak times: A trader checking rows of bangles in his shop in Rawang. If the virus crisis is protracted beyond the middle of this year, Tan expects up to 15%, or about 50,000 outlets, to cease operations in the next six to eight months

PETALING JAYA: Many small scale and independent retailers are expected to close down in the next one to two months as a result of the movement control order (MCO), said Retail Group Malaysia.

Its managing director Tan Hai Hsin said:

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

The certainty dividend
Strategies to overcome market abuses
Can Malaysia catch fleeing capital?
Battle of energy drinks�
The price of war
Dark days over for cook
Singapore oasis of calm
MFS runs out of solutions
Towards a modern marketplace
Clean tech lessons put to test

Others Also Read