MRA has held its 38th Annual General Meeting on 28 July 2020 and as it is also an Election year, we are pleased to provide a summary of events and welcome our new Board of Council Members 2020-2022! In the midst of RMCO and following strict SOPs for convening AGM, we have successfully held our 38th […]
Association says the sector has not stabilised PETALING JAYA: The Malaysia Retailers Association CMRA) is expecting closures to speed up after the loan moratorium ends on Sept 30, with more job cuts in the sector, Retail Group Malaysia managing director Tart Hai Hain said. Although there is some semblance of normalcy today, the retail industry […]
PETALING JAYA: A retail group says Malaysia’s second quarter (Q2) retail performance has been the worst quarterly result in the history of the nation’s retail industry. Retail Group Malaysia (RGM) described the retail market turning into a “bloodbath” with the implementation of the movement control order (MCO) in mid-March to stem the spread of Covid-19, […]
Sales value of Wholesale & Retail Trade continued to register double-digit growth of 21.8% in June 2020 as against previous months. Motor Vehicles expanded 78.9% followed by Wholesale Trade, 20.3% and Retail Trade 13% month-on-month. Volume index of Wholesale & Retail Trade registered 121.7 points, with a positive growth of 25.2% as against May 2020. […]
Malaysia Wholesale & Retail Trade rebounded 26.3% to record RM84.4 billion in May 2020 as against the previous month. Motor Vehicles expanded 700.9%, followed by Retail Trade 30.5% and Wholesale Trade 8%. Volume index of Wholesale & Retail Trade bounced back 30.3% as against April 2020 to record 97.2 points. As for seasonally adjusted volume […]
In April 2020, sales value of Wholesale & Retail Trade registered -36.6% growth as compared with the same period last year. Motor Vehicles posted the highest decline of -93.2% followed by Retail Trade and Wholesale Trade of -32.4% and -26.3% respectively. Volume Index of Wholesale & Retail Trade recorded growth of 38.6% as against April […]
Dear MRA Members, For Malaysia and the world, the past few weeks have been unprecedented, as we see the global toll COVID-19 has taken. For the retail industry, the disruption has been profound. Retail businesses were experiencing the stress of the unknown and upheaval in their business, work and personal lives, as you also worry […]
For the first quarter of 2020, the volume index increased by 1.5% to 127.5 points as compared to the same period in 2019. Wholesale Trade was the key performer by registering 2.5%. As for seasonally adjusted volume index, it declined to -3.8% as against to fourth quarter of 2019.
Let us know if you have any enquiry or question about us. We’ll try our best to help you.