Recently Released Market Study: Malaysia Retail Report Q4 2012
A low unemployment rate, rising disposable incomes and a strong tourism industry are helping to drive growth in Malaysia's retail sector. We forecast that total retail sales will grow from MYR176.28bn (US$50.04bn) in 2012 to MYR218.40bn (US$62.00bn) in 2016, a rise of 23.9%. Malaysia's nominal GDP is forecast to be US$274. 3bn in 2012, and BMI forecasts average annual GDP growth of 4.1% over the forecast period through to 2016. With the population expected to increase to 31mn by 2016,...
View full press release