Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
Malaysia’s fall to 79th spot from 67th in the 2018 Economic Freedom of the World Annual Report shows that space for the private sector in the country has been squeezed, businesses have been obstructed and the size of the government has increased. Institute…
DHL eCommerce has rolled out a fleet of electric motorbikes as part of Deutsche Post DHL Group’s commitment to Zero Emissions by 2050. DPDHL announced that it will operate 70% of its own first and last mile services with clean pick-up and delivery solutions.…
Country Heights Holdings Bhd (CHHB) is looking to issue its own asset-backed cryptocurrency (ABC) known as “Horse Currency” through an initial coin offering (ICO). The group told Bursa Malaysia that it will seek the support and endorsement from the…
KFC Malaysia is considering expansion in Bandar Sri Sendayan, Malaysia, following the launch of the township’s first outlet this month. Opened in collaboration with Matrix Concepts Holdings Bhd, the initial response to the launch of the globally popular brand…
Kenanga Research expects sales volume for the automotive sector in September to be lower than the August 2018 level with the end of the tax holiday, despite certain makes seeing reduction in prices under the sales and service tax (SST) regime. “With the new…
As US is imposing new tariffs on US$200 billion (RM828 billion) worth of Chinese goods, local exporters are expected to see some increase in orders from the affected players in the two big economies over the next few months. It is understood that the US…
South Korean fried chicken chain NeNe Chicken has launched in East Malaysia. The brand’s fourth Malaysian restaurant opened at urban hub Plaza Merdeka Shopping Mall, featuring its offering of Korean-style fried chicken with a selection of sauces and…
Axiata Group Bhd’s share price fell as much as 11 sen this morning after its subsidiary edotco Group Sdn Bhd canceled a US$940 million deal in Pakistan. The stock fell as much as 11 sen to a low of RM4.50 this morning from its last adjusted closing price of…
Celcom Axiata Bhd will be gradually upgrading the internet speed of its existing Celcom Home Fibre customers in Sabah to 100 megabits per second (Mbps) until the end of September 2018 at lower prices or no cost at all. From Sept 16 onwards, in conjunction…
ASEAN has been urged to find ways for its member states to join hands together to cushion any possible fallout from the trade war between the United States and China. Against the backdrop of an escalating trade war between the US and China, Deputy Minister of…
AirAsia Malaysia has been officially recognised as an International Air Transport Association (IATA) Operational Safety Audit (IOSA) registered operator, following the completion of the IOSA audit. AirAsia Malaysia is the third airline within AirAsia Group to…
The best time to look for properties is now, as the property market picks up from a low base last year, and with a feel-good factor in the air as the industry anticipates new policies from the new government, said Reapfield Properties Sdn Bhd group COO…
Standard Chartered Bank (StanChart) has lowered its 2018 gross domestic product (GDP) growth forecast for Malaysia to 4.8% from 5.3% projected earlier due to slower-than-expected expansion in the first half of the year and on trade concerns, but is optimistic…
AmResearch expects the banking sector’s core earnings growth to come in lower at 5.8% this year from the earlier projection of 7.6% in anticipation of slower economic growth. The Q2 core earnings fell marginally by 0.4% quarter-on-quarter after excluding…
U Mobile Sdn Bhd has inked a three-year RM1 billion term loan credit facility with United Overseas Bank (Malaysia) Bhd (UOB Malaysia) to fund its various capital expenditure programmes, including the company’s network expansion and enhancement goals across…
Malaysia has climbed ahead of the US to become the ninth largest market worldwide for Chinese tourists’ spending overseas. This was recorded during China’s summer holidays, which took place between July 1 and Aug 31 this year. According to Alipay, a mobile…
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