The retail sector has been hit hard by the Covid-19 pandemic and successive economic lockdowns, with no end in sight as globally cases are on the rise. The Malaysia Retail Industry Report estimated that over 50,000 stores are expected to close over the next few months. So, following the release of Budget 2021 last Friday, we speak to Shirley Tay, President of the Malaysia Retail Chain Association (MRCA), about what more needs to be done in order to rescue this beleaguered industry.

Image Credit: Shutterstock

Produced by: Arleen Webber

Presented by: Lyn Mak, Wong Shou Ning

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:  SME,  Markets,  Politics,  Law and Legal Matters,  Fashion,  Business Analysis,  Trends and Forecasts,  Social Issues,  Investments

Tags:  retail,  mrca,  shopping,  tourism,  travel,  covid-19,  budget 2021,  belanjawan 2021,