BMI View: Malaysia's retail sector bore the brunt of the introduction of Goods and Sales Tax in 2015 and
we believe this, combined with external headwinds slowing down Malaysia's economy, will continue to
weigh on consumer demand throughout the rest of 2016 and into e ..."
According to cia.gov, the total population in Malaysia was 30.5 million as of 2015, of which 20.6 million are active internet users meaning that 67% of the total population in Malaysia have access to the internet. Relative to ASEAN (Association ..."
BMI View: The Malaysia Retail Chain Association's (MRCA) latest assessment of the growth prospects for
2016 support our view that the country's retail sales will recover in 2016 as the initial impact of the Goods
and Services Tax moderates, supported by sustained econ ..."
"The Future of Retailing in Malaysia to 2020" is based upon an extensive, cross-country, industry research program which brings together Verdict Retail's research, modeling, and analysis expertise in order to develop uniquely detailed market da ..."
BMI View: In 2015, Malaysia's retail market suffered from the rapid depreciation of ringgit as well as the
introduction of the Goods and Services Tax, which significantly dented sales, particularly in the second half
of the year. While these factors will remain in pla ..."
BMI View: The retail market will begin to bounce back in 2016 after a rough year during 2015,
characterised by the weak ringgit, removal of subsidies and the lowest consumer confidence levels seen in
10 years. The short-term outlook is bearish and we expect that it wi ..."
BMI View: A series of economic changes are set to impact the Malaysian retail sector negatively in 2015.
Decline of oil price made the government to introduce Goods and Services Tax in April in attempts to
diversify its sources of income. Fuel subsidies have been remo ..."
"The Future of Retailing in Malaysia to 2019" is based upon an extensive, cross-country, industry research program which brings together Conlumino's research, modeling, and analysis expertise in order to develop uniquely detailed market data. I ..."
BMI View: 2015 will not be a particularly strong year for retailers in Malaysia due to two main
developments: the weakness of the ringgit compared to the US dollar and the introduction of the Goods and
Services Tax which will make goods and services more expensive for ..."
BMI View: Malaysia's increasingly modernised retail market is well positioned to perform well over the
coming five years and beyond owing to rising levels of disposable income and the spending habits of a
young and urbanised population. The second quarter of 2015, how ..."