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Malaysia Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.

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19 Feb 2019

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Latest Malaysia retail stories

ikea2
Minjun ParkLiving

Ikea Malaysia opens new store

Ikea Malaysia will next month open its first store in the northern region of Peninsular Malaysia – in Batu Kawan, Penang. Due to open on March 14, the brand’s fourth outlet in the country spans 43,600sqm of retail space and will feature more than 8000…

family mart
Rajiv MenonLiving

FamilyMart Malaysia to open 300 more stores by 2022

QL Resources, the Malaysian operator of Japanese convenience store chain FamilyMart, is going ahead with plans to open 300 stores by March 2022, despite a slump in the economy. The firm opened 30 FamilyMart Malaysia outlets within the last financial year and…

malaysia retail
Rajiv MenonFinance

Malaysia’s economy expands 4.7% in Q4 2018

The Malaysian economy grew at a faster pace of 4.7% in the fourth quarter (Q4) of 2018 driven by private sector activity. This compares with a 4.4% growth in Q3 2018. For 2018 as a whole, the local economy also expanded 4.7%. According to Bank Negara Malaysia…

singapore orchard retail
Minjun ParkGeneral

Singapore December retail sales drops 3 per cent

Singapore retail sales in December slipped 3 per cent year on year. Including motor vehicles in the data, they fell by 6 per cent. There was a month-on-month decline of 4.1 per cent excluding vehicles, largely due to the online-sales boom driven by Singles…

vietnam stock market
Aiko TanakaFinance

Asian shares rise as Trump boosts US-China talks

Asian stocks climbed Wednesday as US President Donald Trump said he could extend the deadline for a trade deal with China, appearing to boost the prospects of an agreement. Trump said “things are going well” at preliminary talks in Beijing, where top economic…

hanoi stock
Sarah ChenFinance

SE Asia Stocks: Most end lower, Vietnam hits near 2-month high

Most Southeast Asia stock markets closed lower on Tuesday while Vietnam rallied for the second straight session to its highest level in nearly two months. Washington and Beijing will commence high-level trade talks this week to negotiate an end to their…

malaysia grocery
Rajiv MenonFinance

Malaysia to post 4.4% GDP growth for Q4 2018: StanChart

Standard Chartered has projected Malaysia’s gross domestic product (GDP) to remain at 4.4% in the fourth quarter (Q4) of 2018. However, full-year GDP is expected to come in lower at 4.6% compared with 5.9% in 2017. Bank Negara Malaysia will release Q4 GDP…

Panerai Pavillion
Maria SantosFashion

Officine Panerai makes debut in Malaysia

Officine Panerai Malaysia has opened its first store. The Italian luxury watchmaker’s new boutique is the brand’s 81st worldwide and fourth location in Southeast Asia, forming part of Panerai’s strategy to boost its market in the region. It was designed by…

Starbucks Reserve SODO 3
Minjun ParkFood

Starbucks Malaysia celebrates Reserve’s success

Starbucks Malaysia plans to open two or three of its premium Reserve concept stores annually. The brand’s eighth Starbucks Reserve store opened at the end of last month, a 5000sqft flagship at Berjaya Times Square, three years after the first outlet launched…

Kendall Jenner Penshoppe 1
Minjun ParkFashion

Kendall Jenner signed agreement with Penshoppe

Global fashion retail brand Penshoppe has unveiled the latest addition to its roster of international ambassadors – 23-year-old world’s highest-paid supermodel and one of the most followed celebrities on social media, Kendall Jenner. The model initially…

Courts Singapore
Rajiv MenonLiving

Courts Asia continues negative trend as Malaysian sales tank

Takeover target Courts Asia had a forgettable third quarter, reporting a net loss of S$171,000 – a stark contrast to the $3.51 million profit for the same period a year earlier. The company blamed lower sales and gross-profit margins together with higher…

Tim Ho Wan Malaysia at Mid Valley Restaurant Review1
Maria SantosLiving

F&B outlets get bigger bite in shopping malls Malaysia

Shopping malls are now allocating a higher percentage of their tenant mix (more space) to food & beverage (F&B) retailers, partly because competition from online platforms has impacted other types of retailers such as fashion, according to a market research…

ncell axiata
Wei ZhangTelecom

Axiata’s share price falls 4.87% on RM2.16b tax bill

Axiata Group Bhd’s share price fell 4.87% at mid-day after the group and its majority owned subsidiary Ncell Pte Ltd were ordered by the Nepal Supreme Court to pay capital gains tax of 61 billion Nepalese rupees (RM2.16 billion) for the Ncell buyout deal. At…

web axiata 1
Sarah ChenTelecom

Axiata slides 5% in early morning trade on tax bill

Axiata Group Bhd saw some selling pressure in early morning trade on news that it had been hit with a capital gains tax bill of RM2.16bil by the Nepalese Supreme Court. The stock lost as much as 20 sen or 5.1% in early morning trading on Friday to a low of…

Retail Academy: Malaysia

Free background guides on how retail works in this market.

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    Retail in Malaysia

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    Consumers in Malaysia

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    Last mile in Malaysia

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    Malls and rents in Malaysia

    Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.

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