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Tag Archives: sales

Malaysia pavilion hits RM572mil sales in CAEXPO 2021

KUALA LUMPUR: A total of RM572.01 million in potential sales was generated through the 18th China-ASEAN Expo (CAEXPO) 2021, which was participated by 58 Malaysian companies offering various locally made products and services.

There were also 2,574 business enquiries and more than 150 business meetings were arranged between Malaysian exhibitors with Chinese importers, distributors and wholesalers during the event, according to Malaysia External Trade Development Corporation (MATRADE).

It said 39 Malaysian companies participated in the physical trade fair while 19 other companies joined virtually. "The products and services featured at the expo involved food and beverages, health and wellness, and lifestyle,” the trade agency said in a statement today.

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Shifting into top gear in Q4

KUALA LUMPUR: The automotive industry could see a surge in sales in the last quarter of 2021, backed by pent-up demand post-lockdown and car buyers capitalising on the final months of the vehicle sales tax exemption.

Malaysian Automotive Association (MAA) president Datuk Aishah Ahmad said orders for new vehicles have picked up since the government’s economic relaxation measures allowed automotive players to resume operations since the middle of last month.

“Car companies are seeing more showroom traffic and receiving encouraging orders due to the sales tax exemption,” she told StarBiz

Aishah is optimistic that vehicle sales could see a pick-up in the final quarter of the year.

“Yes, definitely,” she said, adding however that MAA was still maintaining its total industry volume (TIV) forecast for 2021. “We are still

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