E-COMMERCE retailers are confident that the end of loan moratorium will not have a major impact on their upcoming 10.10 sales this weekend.Shopee regional MD Ian Ho said even though it has been about a week since the moratorium ended, overall traffic to the platform has remained robust.“Brands and sellers on Shopee Mall and the marketplace respectively continue to record strong demand, and seeing e-commerce appeal as a whole has recorded steady growth throughout 2020, we foresee this trajectory continuing in the coming months,” he told The Malaysian Reserve (TMR).
Retailers warn of devastating decline themalaysianreserve.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themalaysianreserve.com Daily Mail and Mail on Sunday newspapers.
Small and Medium Enterprises Association national secretary Yeoh Seng Hooi.
WITH unending lockdowns amid surging Covid-19 infections, the pace of vaccinations needs to be speeded up and the spread of Covid-19 better controlled.
Dynamic measures are required to avoid further dampening growth and exacerbating the uneven recovery between advanced and emerging economies.
This is not just a problem in Malaysia but a big part of what ails emerging economies which used to stage stronger recovery.
Unlike the vaccination programmes in developed economies, the lack of access to vaccines has left emerging economies struggling with second or third wave of infections, including those from new variants of Covid-19.
Monday, 10 May 2021 09:25 AM MYT
BY JERRY CHOONG
A general view outside the Sogo complex during the three-day closure for premises flagged as potential hotspots under the government’s Hotspot Identification for Dynamic Engagement system in Kuala Lumpur, May 9, 2021. Picture by Firdaus Lati
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KUALA LUMPUR, May 10 The implementation of another movement control order (MCO) could lead to devastating decline of the sales industry, retailers’ groups have said.
The
Malaysian Reserve quoted Malaysia Retain Chain Association (MRCA) president Shirley Tay said that many were already struggling to recover from the effects of the earlier MCOs.
TRX in talks with Apple Inc to open store msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.