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HONG KONG: China's outbound mergers and acquisitions (M&As) clocked their weakest year in a decade in 2019, as an escalated U.S.-China trade war and tightened regulatory scrutiny of Chinese companies impacted appetite for overseas dealmaking.
PETALING JAYA: The retail sector enters 2020 with the long-unresolved issue of an oversupply of mall space but with much excitement about going cashless.
PETALING JAYA: The uncertainty on Malaysia’s political transition, an ongoing trade war between the US and China, fears of a recession and the US Presidential elections are just some of the risks that could affect the performance of Malaysian stocks in 2020.
THE local property market is set for a “flattish” year in 2020, as the wait-and-see attitude, cautious sentiment and less-than-stellar outlook that were initially forecast for 2019, will unfortunately continue into next year.
Buoyed by the increasing use of e-wallets, Quill City Mall’s latest anchor JDX Presto Concept Store in Quill City Mall at Jalan Sultan Ismail in Kuala Lumpur, is offering cashless transactions.
NEW YORK: U.S. shoppers spent more online than in retail stores during the shortest winter shopping season in the past six years, with online sales hitting a record high, a report by Mastercard Inc showed.
THE e-commerce market in Bangladesh stands at US$1.6bil (RM6.62bil) currently and will double to US$3bil by 2023 on the back of a digital foundation laid down by the government and a young and tech-savvy population, a German research firm said recently.
ON Nov 6, 2018, Chen Weijie, 30, an online celebrity based in Meizhou village, Guangdong province, South China, sold 160 million yuan’s (RM95mil) worth of products during an eight-hour live-streaming session on Kuaishou, a short video platform.
PETALING JAYA: Malaysian consumers spent an average of RM277 on each online order during Singles Day (Nov 11,2019), 113% more than the average household spending in a single day.