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Steady retail outlook

Steady retail outlook

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Sunway Malls and Theme Parks chief executive officer HC Chan says the prevailing headwinds from inflation and the possibility of a global recession are certainly going to weigh on the retail sector.

SINCE the reopening of international borders on April 1 and the resumption of all economic activities, the retail property market has been experiencing encouraging recovery in footfall and retail sales.

However, with rising inflation and slower economic growth, can this trend be sustained?

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