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Sustained high inflation, coupled with expected hikes in utility tariffs as well as the impending subsidy rationalisation may result in subdued consumer spending in 2024. ....
PETALING JAYA: While year-end sales have been encouraging, retailers are hoping that the visa-free travel for Chinese and Indian tourists will further boost sales, especially for the coming Chinese New Year. ....
PETALING JAYA: A retail research firm has urged the government to release more details about the luxury goods tax so businesses can make the necessary preparations. ....
PETALING JAYA: Pavilion Real Estate Investment Trust (Pavilion REIT) expects retail sales to normalise moving forward, due to moderation in spending after a robust recovery in 2022 as well as concerns of higher cost of living. ....
KUCHING (Sept 27): A large part of the M40 group may be ‘cut off’ from the impending targeted fuel subsidy and cause the group to encounter diminished disposal income moving forward, said the Kenanga Investment Bank Bhd’s research arm (Kenanga Research).