Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
Airasia Group Bhd and its CEO Tan Sri Tony Fernandes have not received any notices from the India’s Central Bureau of Investigation (CBI) contrary to reports which stated that Fernandes has been summoned for questioning on June 6. “We wish to state…
Regulation changes in Malaysia dragged down both revenue and profits for Southeast Asian electrical, IT and furniture retailer Courts Asia. For the year to March 31, Courts Asia had a 3.7 per cent dip in revenue to SG$713.1 million (US$532.5 million). Profits…
Malaysian low-cost airline, AirAsia, is looking to take its esports activities to new heights. In an Instagram post, Kamarudin Meranun—chairman of AirAsia and CEO of its parent company, Tune Group—says the company will develop its own team, league, and…
Petroliam Nasional Bhd (Petronas) is acquiring a 25% stake in a liquefied natural gas (LNG) project in Kitimat, Canada after it scrapped plans for the Pacific NorthWest LNG project in the country last July due to challenging market conditions as a result of…
Pos Malaysia Bhd’s net profit for the fourth quarter ended March 31, 2018 almost tripled to RM29.03 million from RM9.89 million a year ago, mainly due to higher contribution from the courier business coupled with improved cost management. Against the same…
Allianz Malaysia Bhd’s net profit for the first quarter ended March 31, 2018 jumped 29.9% to RM87.23 million from RM67.17 million a year ago, due mainly to higher contribution from both general and life insurance segments. Its revenue grew 5.2% to RM1.27…
CIMB Group Holdings Berhad has pledged RM 75 million over the next three years to the CIMB 3D Academy, to enhance the digital quotient in all job roles; to enable the group’s digital transformation; and to build an agile, innovative, tech-savvy workforce…
Malaysia’s economy is poised to continue to grow in the third quarter of the year, according to the Department of Statistics. The Leading Index (LI), which monitors the economic performance in average of four to six months ahead, saw an annual change of 0.3%…
AmBank Research (AmResearch) which projects the gross domestic product (GDP) per capita recede by 0.007% with every 1% gain in public debt and debt service, also foresees a near-term volatility in the local and global equity markets, thanks to noises from the…
CIMB Group Holdings Bhd is expected to recognise a gain of about RM920 million following the completion of the divestment of its 20% stake in CIMB-Principal Asset Management Bhd and 10% equity interest in CIMB-Principal Islamic Asset Management Sdn Bhd to…
In a first quarter marked by expansion and sales growth, 7-Eleven Malaysia saw its net profit soar 11.6 per cent from the same period a year ago. Total sales growth for the quarter was 2.5 per cent, while the gross profit margin continued to improve, says the…
Aeon Co (M) Bhd rose as much as 6.52% in early trade to RM2.45 after reporting a 6.63% jump in net profit for the first quarter ended March 31, 2018. At 11.23am, the stock was trading at RM2.42 with 941,700 shares done. Aeon’s net profit for the first quarter…
Japanese retailer AEON Co (M) Bhd is adopting a wait-and-see approach when it comes to the upcoming abolishment of the Goods and Services Tax (GST) on June 1. Executive director Poh Ying Loo said Aeon was still seeking greater clarity from the Pakatan Harapan…
After much delay, Axiata Group Bhd is positive that the merger between its Indian associate company Idea Cellular Ltd and Vodafone India will materialise by the beginning of the third quarter of this year, as just two more approvals are required. Speaking to…
Headline inflation rate rose by 1.4% year-on-year (y-o-y) in April 2018, slightly higher than 1.3% year-on-year registered in the preceding month as transport inflation rebounded from a negative territory logged for two months to positive at 0.4% y-o-y, said…
Boustead Plantations Bhd saw its net profit slump 82.2% to RM5.26 million for the first quarter ended March 31, 2018 compared with RM29.56 million in the previous corresponding period, dragged by lower prices of palm products. Revenue also fell 18.2% to…
Free background guides on how retail works in this market.
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
Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.
Asia Market Guides · 8 min read
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
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
Weekly Briefing
Tuesday, Thursday and a Saturday Weekly Wrap: the retail stories, numbers and moves that mattered across Asia. Nothing else, and you can unsubscribe in one click.
Read by retail operators, investors and brand teams across Asia.