Japanese mall brand Aeon’s operations in Malaysia have reported a net loss of US$2.3 million for its second fiscal quarter this year. The losses, which followed a first-quarter net profit of $1.8 million, are being considered as an effect of the coronavirus…
Convenience-store chain 7-Eleven Malaysia has maintained its profitability despite the impact of the coronavirus pandemic. Profit for the first half of the current financial year from the brand’s convenience-store and pharmaceutical businesses hit US$5.8…
Malaysian F&B franchise operator Berjaya Food Berhad, which operates Starbucks, Kenny Rogers Roasters, and Jollibean in the territory, has reported a loss of US$1.82 million for the last financial year. The firm’s Malaysian stock-exchange filing attributes…
Malaysia’s retail sector is projected by the government to reach 80-per-cent recovery this year, up from the current 70 percent. Statistics department figures showed improved employment numbers during the recent period since the lifting of Malaysia’s movement…
AirAsia resumed its Kuala Lumpur to Singapore flights today, allowing cross-border travel for essential and official travellers, following the implementation the Reciprocal Green Lane (RGL) scheme by both countries. AirAsia Malaysia CEO Riad Asmat said both…
AirAsia is set to grow its medical tourism business by providing charter flight services from Indonesia, giving patients and medical tourists from Indonesia greater access to medical treatments and health services in Malaysia. On August 14, AirAsia welcomed…
High-class Malaysian jeweler Aurora Italia International will extend its e-commerce efforts to build sales growth in the coming year. The firm, which recently listed on the Bursa Malaysia Securities Leap Market, will diversify its points of sale to expand its…
ShopBack, Asia-Pacific’s top rewards, and discovery platform, together with Shopee, Malaysia’s no.1 e-commerce platform, has jointly launched Shopee Affiliate Marketing Solutions (AMS) today. This initiative is aimed at helping brands accelerate the growth of…
Airasia’sfinancial performance in the first quarter of the year was below expectations, owing to the double whammy of the Covid-19 pandemic and low oil prices, which led to fuel hedge losses. As analysts predict more pain ahead for Asia’s largest budget…
As a global leader in shoes, Bata feels a special responsibility towards all its stakeholders including the communities in which it operates across countries and regions. This is why Bata commits to donate 1 million pairs of shoes to frontliners and their…
Japanese discount retailer Don Don Donki is to launch its first store in Malaysia next year. Located in Lot 10 shopping center, the Don Don Donki Malaysia store spans three floors, offering a wide range of Japanese goods and globally-sourced products. “Pan…
Karl Lagerfeld has opened its first store in Malaysia, located at the Pavilion shopping center in Kuala Lumpur. The new store offers a wide range of the brand’s items including apparel for men and women and fashion accessories such as handbags, bucket hats,…
Malaysian budget carrier AirAsia Group Bhd on Thursday said it was in talks to raise more than 1 billion ringgit ($234.52 million) in funds, a day after its auditor cast doubt on its ability to continue as a going concern. AirAsia, like other airlines, has…
American food-food chain Taco Bell is set to launch in Malaysia at Tropicana Gardens Mall in Kota Damansara. The opening has yet to be officially announced, but hoardings have appeared on a retail space within the mall announcing its imminent opening. Taco…
Grab Malaysia is expanding its instant retail service after studying customer demand for goods during the nation’s Covid-19-related social-distancing initiative. According to Grab Malaysia MD Sean Goh, many convenience stores and grocery retailers were able…
Grab Malaysia is expanding its instant retail service after studying customer demand for goods during the nation’s Covid-19-related social-distancing initiative. According to Grab Malaysia MD Sean Goh, many convenience stores and grocery retailers were able…
Retail Academy: Malaysia
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Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.
Asia Market Guides · 8 min read
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