Sungei Wang Plaza bullish with tourism rise


KUALA LUMPUR: Sungei Wang Plaza expects consumers’ spending power to increase by 20% to 30% in 2023, buoyed by the improved tourism industry especially after the reopening of China.

Sungei Wang Plaza manager, marketing communications and innovation, Stephen Ho said the shopping mall has so far seen its sales improve within the range of 30% to 50% and it expects a much better performance with better occupancy in the mall.

“There are more new cafes, restaurants and beauty tenants to attract our customers, hence we believe this year will be a positive year for us.” — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Censof to continue meeting evolving digitalisation needs
Berjaya Corp sells 4.14% stake in REDtone for RM29.76mil
OMH’s Sarawak smelter complex sustains minimal damage
Bright Meadow to acquire 59.88% stake in Mercury Industries for RM34.65mil
Johor Corp gets RM30.99mil integrated sustainable palm oil complex job
Ringgit slips against US dollar at the close
Master Tec 3Q revenue hits record high, declares 0.18 sen dividend
Nestcon bags RM31.6mil civil works contract
AWC bags RM48.57mil facilities management contract
Perak Transit explores new growth avenues

Others Also Read