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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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8 Oct 2018

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Latest Malaysia retail stories

oldtown
Aiko TanakaFood

Oldtown White Coffee opens new concept store at Suntec City

Malaysian cafe chain Oldtown White Coffee has launched a concept store at Suntec City Mall. The venue opened last month and features a facial-recognition feature as part of its ordering system. Seating 88 guests, Oldtown Suntec City offers exclusive local…

Malaysia Airlines Pity
Maria SantosLiving

Malaysia Airlines, Jet Airways expand codeshare agreement

Malaysia Airlines and Jet Airways have expanded their codeshare agreement to offer consumers a wider network of destinations effective Sept 24. Malaysia Airlines said in a statement that the wider network covers new routes with departures from Mumbai and…

malaysia factory
Aiko TanakaFinance

Malaysia’s GDP growth to moderate to 4.9% for 2018

Malaysia’s economic growth is expected to ease to 4.9% in 2018, as export growth slows and lower public investment following the cancellation of major infrastructure projects, said World Bank chief economist for the East Asia and Pacific region Sudhir Shetty.…

Harvey Norman
Aiko TanakaGeneral

Harvey Norman to open 50 more stores in Malaysia

Australian furniture and appliance retailer Harvey Norman plans to open 34 stores in Malaysia, taking its network there to 50. In a commentary accompanying the company’s recent Australian results filing, Harvey Norman said it was planning substantial…

7ea2a063af6741528d24b064d76edea6
Aiko TanakaFinance

IDEAS: Lack of technology, skills transfer from China to Malaysia

While Malaysia has benefited from China’s foreign direct investment (FDI) in terms of financing and capacity, the social and environmental impacts of these investments should be looked into as well. The Institute for Democracy and Economic Affairs’ (IDEAS)…

cimb bank
Wei ZhangFinance

CIMB to accept payments from six mobile wallets

CIMB Bank Bhd will be accepting Quick Response (QR) Payment from six major mobile wallets at its terminals, enabling it to tap into an estimated customer base of about 4.5 million in Malaysia and 520 million registered mainland Chinese. This is the first in…

GDEX van image
Minjun ParkLogistics

GDEX acquires 44.5% stake in Indonesian courier

GD Express Carrier Bhd (GDEX) and two of its wholly owned subsidiaries have taken up a 44.5% stake in PT Satria Antaran Prima TBK (SAP Express) via an initial public offering (IPO) for IDR92.71 billion (RM25.8 million) or IDR250 per share. SAP Express is…

Sungei Wang aerial 2
Aiko TanakaReal Estate

Sungei Wang Plaza Will Be Getting a Major Facelift

Sungei Wang Plaza, one of Kuala Lumpur’s older malls, is getting a facelift. The mall’s majority owner Capitaland Malaysia Mall Trust’s (CMMT) has announced plans to transform the tired shopping centre into a “glistening-gold location” by the middle of next…

klia duty free shops
Wei ZhangReal Estate

KLIA retail space offered for tender

Malaysia Airports has announced 14 tenders for KLIA retail space covering more than 2000sqm. The tenders are part of the Kuala Lumpur International Airport rennovation works in the main terminal building. The majority of the tenders closed in mid-September,…

astro malaysia
Minjun ParkTelecom

Astro Malaysia Q2 earnings fall 93%

Astro Malaysia Holdings Bhd’s net profit for the second quarter ended July 31 fell 93% to RM16.58 million from RM246.34 million a year ago due to an increase in FIFA World Cup content, merchandise sales and higher net finance costs. The decrease in earnings…

axiata
Maria SantosTelecom

Axiata Malaysia evaluating options on stake in M1

Axiata Group Bhd, which is evaluating its options on a possible buyout offer by two of M1 Ltd’s major shareholders Keppel Corp Ltd (KCL) and Singapore Press Holdings (SPH), is hoping for accurate future value for its 28.7% interest in M1. News reports in…

china trade
Wei ZhangFinance

US-China trade war dims Asia’s 2019 growth outlook: ADB

Developing Asia could grow more slowly than previously thought next year as the US-China trade war inflicts damage on the region’s export-reliant economies, the Asian Development Bank (ADB) said. Tightening global liquidity could also weigh on business…

baker cook
Aiko TanakaFood

Pan Malaysia to form JVCO with Singapore’s Baker & Cook

Investment holding company Pan Malaysia has entered into a partnership with Singaporean artisan baker and food store Baker & Cook. The 50-50 joint venture will serve to diversify Pan Malaysia’s business to include F&B retail outlets, trading as Baker & Cook…

goobne
Sarah ChenFood

Korea’s Goobne Chicken enters Malaysian market

South Korean fast-food chain Goobne Chicken has expanded into Malaysia, opening its first outlet in My Town Shopping Center. The brand plans to test the market under a franchise agreement with a local partner and has chosen its first location at one of the…

berjaya
Sarah ChenReal Estate

Malaysia’s Berjaya Land Q1 earnings up 44%

Berjaya Land Bhd’s (BLand) net profit for the first quarter ended July 31 rose 43.8% to RM16.58 million from RM11.53 million a year ago mainly due to Sports Toto Malaysia Sdn Bhd (STMSB) reported higher profit contribution from lower prize payout and…

Retail Academy: Malaysia

Free background guides on how retail works in this market.

  • Malaysia

    Retail in Malaysia

    A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.

    Asia Market Guides · 10 min read

  • Malaysia

    Consumers in Malaysia

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.

    Asia Market Guides · 8 min read

  • Malaysia

    Last mile in Malaysia

    How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.

    Asia Market Guides · 8 min read

  • Malaysia

    Malls and rents in Malaysia

    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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