CapitaMalls Trust tenants slammed by the 2009 recession

The recession slammed sales of most categories of CapitaMall tenants, but you will never guess which had the worst sales slump.

Hold the phones, it was telecoms providers who saw the biggest sales slumps in CapitaMalls Trust owned shopping malls, recording a 20.9 % gross turnover decrease in 2009 compared to 2008. Household furnishings also took a beating, down 17.1 % and not surpsisingly Jewellery and Watches was the next biggest loser, down 14 %.

Supermarket sales were up 7.1 %, but overall the pictures showed consumers really cut their shopping. These figures and plenty of other good information on CapitaMalls Trust are being presented to investors over the now infamous Rugby's weekend investment conference in Hong Kong.

But you can read the whole thing here.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia