Malaysia’s consumer price index (CPI) increased 1.8% in May 2018 – the fastest pace in four months – to 121.1 compared with 119.0 in the corresponding month of the preceding year due to a strong recovery in transport prices. According to the Department of…
Bulgari Malaysia has opened a flagship store in Bukit Bintang district, Kuala Lumpur. Built in the same style as the Via Condotti store in Rome, the 103sqm space sees the Italian brand experimenting with new ways to convey the luxury brand’s heritage. The…
Low-cost carrier AirAsia Group Bhd is adding services to Ipoh and also looking at restarting flights to Kuantan, according to its group chief executive Tan Sri Tony Fernandes. He said this in a tweet this morning from his handle @tonyfernandes: “We opening…
AirAsia has accused Malaysia’s aviation body, Mavcom, of holding back the country’s aviation and damaging tourism growth. The airline made the accusations, Thursday, in a rebuttal of an earlier statement released by Mavcom saying it always adhered to a…
Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand, today announced a joint venture with two China companies to bring 500 Tealive stores to China within three years. The Malaysian company inked the deal with Zhejiang Boduo International…
Poh Kong Holdings Bhd’s net profit for the third quarter ended April 30, 2018 fell 41.8% to RM4.31 million from RM7.4 million a year ago, as the fluctuation of gold prices affected the group’s operating profits. Revenue, however, increased 17.2% to RM240.44…
Sony’s first Extra Bass store in Southeast Asia has just opened in Kuala Lumpur’s Sunway Pyramid Asian Avenue. Extra Bass was designed to provide an unusual shopping experience for consumers into sound experiences at home or on the move. Creative displays…
The month of Ramadan is considered as the most sacred period for millions of Muslims in Malaysia & Indonesia. As such, a huge number of people observing the religious period would shift their daily routine to focus on spirituality & contribute to charitable…
Malaysia’s April manufacturing sales recorded a growth of 8.2% to RM65.5 billion compared with RM60.5 billion reported a year ago, according to the Statistics Department. The significant increase in sales value in April was due to the increase in electrical…
Malaysian consumers are optimistic about the country’s economic outlook after the zero rating of the Goods and Services Tax (GST), with 82% of them opining that the economy will improve in the next 12 months, according to a survey conducted by Nielsen…
Dozens of French farmers blocked access to 13 refineries across the country today to protest against plans to import palm oil for use in biofuels, a move they denounce as unfair competition which jeopardises their livelihood. Energy giant Total wants to…
AirAsia Group Bhd will fly from Kota Kinabalu (KK) to Bangkok, Thailand from Aug 16, 2018, marking the airline’s ninth route connecting Malaysia and Thailand. In a statement today, the low-cost airline said the thrice-weekly KK-Bangkok direct flights would be…
Axiata Group Bhd has appointed Dr Lisa Lim Poh Lin as its independent non-executive director to further strengthen the board’s diversity mix and expertise. The appointment came into effect on June 8. “We constantly strive to build a board composition of…
Astro Malaysia Holdings Bhd group CEO Datuk Rohana Rozhan will step down from her role Jan 31, 2019 and will be succeeded by group chief content and consumer officer Henry Tan. In a filing with Bursa Malaysia today, Astro said Rohana, 55, will resign to…
Exports grew 14% to RM84.2 billion in April 2018 from a year ago, driven by electrical and electronic (E&E) products, refined petroleum, crude petroleum, timber and timber-based products, palm oil and palm oil-based products, while liquefied natural gas (LNG)…
Malaysia is looking to replace the chief executive officer of the national stock exchange, two sources said today, the latest in a series of top management changes initiated by the newly elected government. The sources gave no reason why the government was…
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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