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Hong Kong – Mar Retail Sales
05/05/2016 06:15 pm MYT
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In Mar, the value of retail sales fell by 9.8% from a year ago – see figure 1. As shown in table 1, most types of retail outlet posted declines in retail sales. In the first quarter of 2016, the value of retail sales tumbled by 12.5%, year-on-year. Given that the decline in inbound tourism is likely to continue and consumer sentiment is expected to weaken further due to the uncertain economic outlook and asset market consolidation, retail sales are expected to remain weak in the coming months. 

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Note from Publisher
i Capital will pause its publication for one week in the week beginning 29 Apr. However, www.icapital.biz will be updated as usual. Apart from the public holiday, the operating hours of our Kuala Lumpur office will be as usual. Volume 35, number 34 of i Capital will henceforth be dated 9-15 May 2024.

As extreme and unpredictable weather conditions increase in frequency, the impact of climate change has become more apparent and will become even more so in future. Therefore, it is not surprising that in a recent international survey, over half of 16- to 25-year-olds reported feeling very or extremely worried about climate change. While it is easy to feel small before such a great challenge facing the earth, any positive action, no matter how small, by individuals collectively, can bring significant positive impact to our delicate environment. So, instead of feeling despair and doing nothing, everyone can contribute to improving the situation by doing small things like picking up the rubbish on our way to work, use recycle bags instead of plastic bags when shopping, not to let the tap water run while brushing our teeth, etc. Just start committing to small positive changes now and encourage others to do so.
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