KUALA LUMPUR, July 1 — Malaysia’s distributive trade is expected to perform better, moving forward, following the easing of the Movement Control Order (MCO), said MIDF Research. In a note today, it said the country’s distributive trade fell by a record low of 36.6 per cent year-on-year...
KUALA LUMPUR, July 1 — Malaysia’s distributive trade is expected to perform better, moving forward, following the easing of the Movement Control Order , said MIDF Research.
“Three major components, namely motor vehicles, wholesale as well as retail, saw double digit contractions,” it said in a note today. Similarly, retail sales and motor vehicles declined 32.4 per cent y-o-y and 93.2 per cent y-o-y, respectively.
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