Sales of electronic goods drop in the second quarter


According to a report by GfK TEMAX Malaysia,the sales of consumer electronic goods, photography, and telecommunication products declined in the first quarter of this year.

THE SECOND quarter of this year was a hard one for the consumer electronic retailing business in the northern region, following the implementation of GST on April 1.

Star Electronics Sales & Services Sdn Bhd (SEC) managing director Joseph Hon said sales were very good in the first quarter, as consumers rushed to buy before GST came into effect.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In News

Spanish PM Sanchez shocks country again putting his continuity on the line
CIIE promotion event held in Egyptian capital
Crude futures settle lower
KPMG hires ex-prisoners with support of UK gov't
U.S. dollar ticks up
UNICEF supports vaccination of over 460,000 children in Libya in 2023
Saudi Arabia's King Salman leaves hospital following routine check up - TV
Germany's hydrogen expansion stuck in investment backlog: E.ON
Zambia strives to eliminate malaria with China's help, says health official
Cuba apologizes to Canada for delivering wrong body to grieving family

Others Also Read