Malaysian retail trade sales plunged 32.5 percent year on year in April, according to the Department of Statistics Malaysia (DoSM). The significant decline occurred as many retailers were heavily affected by the imposition of the Movement Control Order.…
Malaysian bookstore chain MPH is closing multiple stores as it moves to a digitally-driven omnichannel business model. The company is not closing down, despite much speculation on social media concerning the impending closure of multiple stores. A recent…
Malaysian mall IPC mall has launched a campaign to promote recycling as part of the “new normal”. At a time when national recycling efforts have been put on hold, visitors are invited to drop off recyclables at the mall’s Recycling & Buy-Back Centre (RBBC) to…
One-year-old Malaysian startup Coffee Star has provided self-service dispensing machines – dubbed ‘Coffee ATMs’ – to medical frontliners serving free beverages during the coronavirus pandemic. The machines were delivered to the Malaysia Agro Exposition Park…
He succeeds Zafrul Tengku Abdul Aziz, who resigned as group CEO of CIMB Group Holdings and CEO of CIMB Bank in March to join the Malaysian cabinet as finance minister. CIMB Group, Malaysia’s second-largest financial services provider by assets, has appointed…
7-Eleven Malaysia sales grew by 6.1 percent in the first quarter of this year, largely on the back of 34 new store openings. Total sales grew by US$8.2 million during the quarter to $142 million and profit attributable to shareholders rose by 1.9 percent to…
Malaysia’s Sunway Pyramid mall has launched an online platform to help customers purchase safely during Hari Raya celebrations this year. Sunway Pyramid’s online store offers more than 100 brands ranging from beauty, home decor, healthcare, footwear to…
Malaysian digital grocer Mygroser is raising its first public funding round as it enhances its delivery capacities in the midst of the continuing coronavirus pandemic. The business is targeting profitability within 12 months followed by expansion within the…
Malaysian online medical service DoctorOnCall has entered into a partnership with Shopee Malaysia to sell Covid-19 tests online. The rRT-PCR tests will be available for purchase at Shopee’s DoctorOnCall store, where customers will also be able to buy vouchers…
AirAsia returns to the skies with domestic flights in Malaysia starting today (April 29), but passengers will need to follow Covid-19 safety measures. Each passenger will need to bring their own mask and wear it properly before, during and after the flight,…
Malaysian mall operator Sunway Malls is testing a new policy to allow non-essential retailers to implement flexible operating hours following the advent of government movement control orders. If the one-month test proves to be effective, Sunway will extend…
Low-cost carrier Airasia is set to resume local flights in Malaysia on April 29, subject to the authorities’ approval. It said yesterday it has also set to commence flights in Thailand on May 1, the Philippines (May 1), India (May 4) and Indonesia (May 7).…
Classified-ad service Carousell is offering up to SG$2 million (US$1.3 million) in free advertising for nonprofits serving communities impacted by the coronavirus outbreak. Organizations in Singapore, Malaysia, Hong Kong, and the Philippines engaged in…
Shopee Malaysia has announced an RM15 million (US$3.5 million) support package for sellers on its network. The online retail platform’s package aims to assist around 70,000 SMEs in the territory trading in a range of sectors and is an outcome of engagements…
The six-week-long coronavirus lockdown is expected to slash Malaysian retail sales by 60.7 percent this month as non-essential stores are forced to close. Retail Group Malaysia, which calculates data on behalf of the Malaysia Retailers Association, estimates…
Online grocery-delivery services in Malaysia are facing overwhelming demand, with some firms forced to suspend or limit delivery operations. A 600-per-cent spike in orders recorded last month was fuelled by panic buying while stay-at-home orders remain in…
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