KUALA LUMPUR, May 18 The purchasing power of Malaysians is expected to remain positive, which could lead to a strong recovery in the retail industry in 2022 with a projected 6.3 per cent growth for the year versus a 2.3 per cent contraction in 2021, said Retail Group Malaysia (RGM). “The.
PETALING JAYA (May 18): Independent retail research firm Retail Group Malaysia (RGM) said the Covid-19 pandemic has accelerated the digital transformation for retailers in Malaysia and their performance is also not trade-specific reliant, but company-specific.