Advertising industry set for recovery


Mediabrands Malaysia CEO Bala Pomaleh (pic) said the industry is on a positive recovery trajectory next year, compounded by buoyancy from the vaccine development news globally.

PETALING JAYA: The advertising industry is set to swing to a recovery mode next year with advertising expenditure (adex) picking up, underpinned by the brighter economic prospects and the development of Covid-19 vaccine.

The industry has been under tremendous pressure mainly from the movement control orders that started on March 18 following the pandemic.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Advertising , growth , Prashant Kumar , Bala Pomaleh ,

   

Next In Business News

China will lower RRR and interest rates at proper time, central bank says
Dollar near two-year high, stocks struggle
Sunrise Shares Energy to distributeJinko Energy Storage's advance BESS in Malaysia
Ringgit extends loss as robust US jobs data holds greenback near two-year high
PEB secures five-year offshore services contract from PETRONAS Carigali
MFM joint venture granted leave for judicial review of MyCC decision
Ringgit poised for gradual rise, expected to average RM4.10 in 2025
FBM KLCI slips for second day amid mixed regional sentiment
Tengku Zafrul: Malaysia records RM2.62 trillion in trade value for Jan-Nov 2024
Tesla's China sales hit record high in 2024, bucking global decline

Others Also Read