News

Retailers Keep Close Eye On Next 6 months

WITH a newly formed board of council, Malaysia Retailers Association (MRA) is ready to face expected challenges in the second half of the year. Its president Datuk Andrew Lim Tatt Keong said its recent annual general meeting discussed the drop in sales in the retail sector in the first half of 2024. “Sales of essential […]

Appointment of Date of Coming Into Operation

Kindly find the APPOINTMENT OF DATE OF COMING INTO OPERATION (PENETAPAN TARIKH PERMULAAN KUAT KUASA) as per the below PDF. PUB 128_240403_054447 (Tarikh Kuatkuasa)

Wholesale & Retail Trade March 2023

Malaysia’s Wholesale & Retail Trade recorded double digit growth of 11.9 per cent in March 2023 to stand at RM138.5 billion • Malaysia’s Wholesale & Retail recorded monthly sales value of RM138.5 billion, grew 11.9 per cent year-on-year in March 2023. The increase of 11.9 per cent for Wholesale & Retail Trade in March 2023 […]

Volume Index of Wholesale & Retail Trade – Q1 2023

Indeks volum perdagangan borong & runcit meninglat 9.5 peratus pada suku tahun pertama 2023

The state of grocery in Southeast Asia

A series of emerging trends will put pressure on modern grocery retailers to adapt. Five “resets” hold the key to continued growth. The Association of Southeast Asian Nations (ASEAN) presents potential growth opportunities for modern grocery players (Exhibit 1). The region’s more than 600 million people spend $200 billion on groceries each year, but traditional […]

Project Nexus: BIS Links Eurosystem & ASEAN Payment Systems, Expanding Regional Connectivity

BIS’s Project Nexus prototype successfully links Eurosystem, Malaysia and Singapore payment systems; partners in Indonesia, Malaysia, the Philippines, Singapore and Thailand to work towards wider payment connectivity. Source: https://www.mas.gov.sg/news/media-releases/2023/project-nexus-prototype-links-payment-systems To enhance cross-border payments, the BIS Innovation Hub Singapore Centre developed the Nexus concept of a first-of-its-kind multilateral network connecting multiple domestic instant payment systems (IPS). […]

Suruhanjaya Syarikat Malaysia (SSM) Announcement

Suruhanjaya Syarikat Malaysia (SSM) has introduced two (2) additional initiatives from 6 to 8 initiatives for the year 2023 where these initiatives introduced are to help and lighten the company’s burden and finances. Information about this initiative is in the attached attachment. Click here to download

Wholesale & Retail Trade April 2022

  Sales value of Wholesale & Retail Trade hit RM128.0 billion in April 2022, registering 15.2 per cent growth year-on-year. The increase was attributed to Retail Trade, Wholesale Trade and Motor Vehicles of 20.9 per cent, 11.5 per cent and 11.3 per cent, respectively.   Interns of volume index, Wholesale & Retail Trade registered a […]

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