On Monday, the Malaysia Retailers Association (MRA) appealed to the government for further concessions to help keep its members afloat in light of the challenging market situation.
PETALING JAYA: The Malaysian retail industry is expected to record a 5.5% decline in sales this year, its first contraction in over 20 years, due to business disruptions caused by the Covid-19 pandemic.
Retail Group Malaysia (RGM) in its latest report said business for the first quarter of this year dropped 18.8%, while sales in April is projected to plunge 60.7%.
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