Malaysian businesses reposition to target local consumers
Shopping malls and retailers shift their focus on rejuvenation efforts as absence of overseas visitors hits their revenue
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Kuala Lumpur
AFTER almost a year of closed international borders, Malaysian businesses that previously relied heavily on tourists - especially from neighbouring Singapore - to drive sales are repositioning to target local consumers.
There is a realisation that the country's rising Covid-19 infections is likely to keep overseas visitors out for a good part of 2021, especially after the recent announcement that Malaysia has entered into a state of emergency that could last until Aug 1.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
