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Covid-19, political turmoil to further dent retail industry

Covid-19, political turmoil to further dent retail industry
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.

Malaysia Retailers Association , Retail Group Malaysia , மலேசியா சில்லறை விற்பனையாளர்கள் சங்கம் , சில்லறை குழு மலேசியா ,

OCBC Bank ramping up digitalisation efforts during the pandemic

DIGITAL payment solutions are no longer a luxury, but a necessity during the Covid-19 pandemic. According to the latest statistics from Bank Negara Malaysia, e-payment transaction volume per capita in Malaysia reached 169.9 in 2020, representing a 13.5% increase from the year before. This trend is expected to continue in a post-pandemic environment, with local businesses increasingly favouring digital payments over physical cash. ....

Chong Lee Ying , Movement Control Order , Bank Malaysia Bhd , Bank Negara , Jp Morgan , Retail Group Malaysia , Asiamoney Trade Finance , Bank Negara Malaysia , Trade Finance Survey , சோங் லீ யிங் , இயக்கம் கட்டுப்பாடு ஆர்டர் , வங்கி மலேசியா ப்ட் , வங்கி நெகாரா , ஜ்ப் மோர்கன் , சில்லறை குழு மலேசியா , வங்கி நெகாரா மலேசியா , வர்த்தகம் நிதி கணக்கெடுப்பு ,

Hektar REIT Posts Rm26.78 Million Revenue in 1Q

Hektar REIT Posts Rm26.78 Million Revenue in 1Q
- Outlook for retail remains challenging
- Second MCO weighed on mall visits and consumer spending
- Management remains vigilant in monitoring recovery
KUALA LUMPUR, 2021年05月24日 - (JCN Newswire) - Hektar Asset Management Sdn. Bhd., the Manager for Hektar Real Estate Investment Trust ( Hektar REIT ), today announced the first quarter results ended 31 March 2021 ( 1Q 2021 ).
Hektar REIT recorded revenue of RM26.78 million, which is 12.8% lower than the RM30.71 million recorded in the same quarter of the preceding year. The reported revenue fell mainly due to the rental income, carpark income and lower hotel occupancy, consistent with other retail and hospitality REITs that were affected because of the pandemic outbreak and implementation of mobility restrictions. Net property income of RM14.09 million for the quarter decreased by 10.3% compared to the RM15.71 million recorded in 1Q 2020. Realised income for ....

Kuala Lumpur , Sungai Petani , Sdn Bhd , Muhammad Hakim , Subang Jaya , Japan Corporate News Network , Wetex Parade Classic Hotel In Muar , Retail Group Malaysia , Hektar Real Estate Investment Trust , Frasers Property Ltd , Hektar Property Services Sdn Bhd , Hektar Real Estate Investment , Frasers Centrepoint , Asset Management , Per Unit , Chief Executive Officer , Hektar Asset Management , Hotspots Identification , Dynamic Engagement , Klang Valley , Subang Parade , Real Estate Investment Trust , Main Market , Bursa Malaysia Securities Berhad , Frasers Centrepoint Trust , Hektar Asset Management Sdn Bhd ,

Hektar REIT Posts Rm26.78 Million Revenue In 1Q

Hektar REIT Posts Rm26.78 Million Revenue In 1Q
scoop.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from scoop.co.nz Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Sungai Petani , Sdn Bhd , Subang Jaya , Wetex Parade Classic Hotel In Muar , Retail Group Malaysia , Hektar Real Estate Investment Trust , Frasers Property Ltd , Citizen Community , Foundation For Public Interest Journalism , Hektar Real Estate Investment , Hektar Property Services Sdn Bhd , Frasers Centrepoint , Asset Management , Per Unit , Chief Executive Officer , Hektar Asset Management , Hotspots Identification , Dynamic Engagement , Klang Valley , Subang Parade , Real Estate Investment Trust , Main Market , Bursa Malaysia Securities Berhad , Frasers Centrepoint Trust , Hektar Asset Management Sdn Bhd ,

Need to accelerate pace of vaccinations

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. ....

Chris Eng , Lee Heng Guie , Danny Wong , Hari Raya , Yap Leng Kuen , Pong Teng Siew , Hai Hsin , Thomas Yong , Shamsiah Mohamed Yunus , Yeoh Seng Hooi , Movement Control Order , Medium Enterprises Association , Socio Economic Research Centre , Retail Group Malaysia , Ministry Of Health , Ministry Of International , Federal Reserve , Research Institute , Bank Negara , Malaysian Association Of Hotels , Ministry Of Science , International Trade , Malaysian Association , Tan Hai , Fortress Capital , Inter Pacific Securities ,