Fasten your seatbelt

4 According to home appliance retailer Ban Hin Bee, individual brand names have resorted to offering discounts to stay competitive.

With consumers feeling the pinch of rising prices and stagnant wages, retailers expect the Year of the Monkey to be a turbulent one. DAVID TAN reports.

THE electrical and electronic consumer goods retailing business in Penang is expected to face challenging times in 2016 due to weak market sentiments, high overhead costs and selling prices, competition and stagnant wages.