INDUSTRY NEWS (13 JUNE 2021)
Lockdown restrictions: Retail recovery remains fragile
It was reported recently that 2020 was the retail sector’s worst year since the 1987 recession but it was hoped that this year may see an improvement but alas, it has not turned out to be so, according to a report by The Edge Malaysia. “After a series of new lockdowns introduced
Tough times for hotel sector set to continue
Times are bleak for the hotel industry and it predicts that things will not improve for the time being. “So far this year, the situation is already worse than in 2020 in many ways, with the average occupancy rate (AOR) hovering at a low 20%, and even that is mainly contributed by
Sheng Tai to tap lucrative nitrile glove industry in a big way
Renowned Melaka-based property developer and property tourism specialist Sheng Tai International Sdn Bhd has entered into an exclusive memorandum of agreement (MoA) with Malaysia’s leading latex and nitrile gloves manufacturer KenTeam Asia Glove Hub Sdn Bhd to
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