Lazada, Shopee and 11Street have been ranked the top three companies in terms of the most visited website in Malaysia in the second quarter (Q2) of 2018, according to iPrice Group’s Map of E-Commerce (MoE) list. Based in KL, iPrice Group is a privately owned…
Online marketplace 11street Malaysia is being overhauled following a partnership with PUC Ventures. The e-commerce retailer says the changes will enhance the user experience and further contribute to the Malaysian digital economy. The revamp will involve…
Public Bank Bhd’s net profit for the second quarter ended June 30, 2018 rose 4.8% to RM1.40 billion from RM1.33 billion a year ago mainly due to higher net interest income, higher income from Islamic banking business, lower loan impairment allowance and…
Maybank Investment Bank Bhd (Maybank IB) was named the best Malaysian investment bank for the fourth time in a row in the Euromoney Awards for Excellence 2018. According to Euromoney, the accolade has been conferred on Maybank for its strong performance…
The Malaysian steel sector will be affected negatively in 2018 and 2019 due to the trade wars on the external front, said MIDF Research. “Changes in global trade policies, tepid global demand as well as the local steel mill cost structure will continue to…
The Mao Shan Cafe, a franchised food retail network with a menu centred on durian – plans to open 200 outlets across Mainland China by 2022. Mao Shan Cafes serve durian cakes, savouries, pastries, waffles, durian coffee and ice cream and other unique foods…
Victoria’s Secret Malaysia is opening its first lingerie store in October. Located at Mid Valley Megamall, the first full-range store will house all of the brand’s signature collections, including Body by Victoria, Very Sexy, Dream Angels, Bombshell and…
Australian furniture retailer Harvey Norman Malaysia has opened its first store in Johor, at Paradigm Mall. Harvey Norman Asia MD Kenneth Aruldoss said the opening was timely as Johor has an impressive market thanks to rapid economic growth. The store also…
A second Pink Parlour location is popping up in Malaysia. Opening in the city of Johor Bahru inside the KSL Mall, the lifestyle concept store will offer Pink Parlour beauty treatments, as well as serving as a café and retail space, according to a press…
The International Trade and Industry Ministry (Miti), which is confident of completing its review of the National Automotive Policy (NAP) by year-end, assured that the third national car mooted by Prime Minister Tun Dr Mahathir Mohamad, will not be like…
group 21st Century Fox, most of which is being sold to Walt Disney Co., on Wednesday topped earnings expectations with help from the latest film devoted to anti-hero Deadpool. The company reported a profit of US$4.48 billion (RM18 billion) in the fiscal year…
Global on-demand logistics service provider Lalamove was launched in Malaysia this morning after its announcement to enter the market two months ago. Connecting businesses with the drivers or riders, the mobile app allows request for delivery services using…
Malaysia’s exports in June 2018 was valued at RM78.7 billion increasing by 7.6% year-on-year (y-o-y), a reversal of the trend of the five previous months where export growth was stronger than imports, according to Statistics Department. Chief Statistician…
Malaysian low-cost carrier AirAsia, which will start flights to Silangit Airport, Indonesia, the main gateway to Lake Toba from Oct 28, is looking to increase its services in Indonesia, a market in which it sees huge potential. Speaking at a press conference…
AirAsia Group Bhd’s operations in Malaysia, Indonesia and the Philippines saw a 3% drop in its load factor to 86% for the second quarter of 2018 (Q2 18) compared to the same period of 2017. Seat capacity for the quarter under review, however, increased 17%.…
Smart Trends International Sdn Bhd, a training recruitment and consultancy specialist, is looking to expand its operations in the emerging Asian and African markets. Smart Trends offers corporate training and technical programmes, which are designed to equip…
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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