Axiata Group Berhad has unveiled a remarkable profit after tax and minority interest (PATAMI) of MYR 430.7 million for the first half of 2025, more than doubling from last year. This impressive growth showcases the company’s disciplined approach to cost…
U Mobile has officially unveiled ULTRA5G, the new moniker for its 5G service, during a launch event at its headquarters in Berjaya Times Square (BTS). This catchy name not only captures the essence of the ultra-fast speeds and extensive coverage that U Mobile…
Malaysian entrepreneur Ong Beng Seng has been fined S$30,000 (approximately US$23,400) for his role in obstructing justice, offering a hefty reminder of the thin line between the glamorous world of Formula One and serious legal scrutiny. Ong Beng Seng’s Legal…
Hong Kong’s Tam Jai International (TJI) has expanded its culinary reach into Malaysia with the launch of its pioneer TamJai Mixian restaurant. This move signifies an integral part of the company’s growth in the food and beverage market within Southeast Asia.…
The Malaysian state of Penang is working to register more varieties of local durian kampung from its orchards to further expand its portfolio of recognized durian species. In a move to elevate the status of Penang’s tasty treasure, Chief Minister Chow Kon…
The South Korean quick-service restaurant chain, Lotteria, is set to enter the Malaysian market by the end of the current year. This move is a result of a strategic alliance with the local firm, Serai Group. Exclusive Partnership with Serai Group As part of…
GoPizza, a popular pizza chain based in South Korea, has finalized a master franchise contract with the Hextar Group, marking its debut in the Malaysian market. First Outlet Launch The company anticipates that the first Malaysian branch will be up and running…
Paramount, a Malaysian property developer, is preparing to secure a 28% share in Envictus International, a firm managing both Texas Chicken and San Francisco Coffee within Malaysia, with an investment of approximately US$29.5 million. Details of the…
In a significant move to enhance digital banking access, AEON Bank has announced a partnership with foodpanda Malaysia aimed at boosting financial services among the platform’s extensive user base, which includes customers, delivery riders, merchants, and…
Amidst evolving regulatory landscapes, Bank Islam Malaysia Berhad (BIMB) finds itself in hot water as Malaysia’s central bank, Bank Negara Malaysia (BNM), imposes a financial penalty due to service disruptions and compliance failures. The bank has been…
U Mobile has officially partnered with Melaka ICT Holdings Sdn Bhd (MICTH) through a memorandum of understanding (MoU) that seeks to accelerate the deployment of U Mobile’s Next Gen 5G network within the region of Malacca. This collaboration is poised to…
In a significant move to stimulate digital innovation across Malaysia, Maxis has entered into a partnership with Aduna and Ericsson aimed at promoting standardized network application programming interfaces (APIs). This collaboration was unveiled through a…
In a significant announcement, Prime Minister Anwar Ibrahim revealed that the rationalization of the RON95 fuel subsidy will lead to lower fuel prices for Malaysians. This change, which has been eagerly anticipated, is set to roll out by the end of September,…
Gross gaming revenue in Singapore, Malaysia, and the Philippines is on track to match or even surpass pre-pandemic levels, thanks to a surge in visitation and a thriving domestic market, as revealed in a recent report by S&P Global. The research underscores…
In a significant step towards enhancing mobile connectivity in Malaysia, YTL Communications has launched a fully functional multi-operator core network (MOCN) 4G base station in Gertak Sanggul, a picturesque coastal suburb of George Town. This initiative…
The retail landscape in Asia is witnessing a striking transformation as digital shopping experiences increasingly complement traditional brick-and-mortar stores. Consumers are embracing a fusion of online convenience and in-store engagement, creating a unique…
Retail Academy: Malaysia
Free background guides on how retail works in this market.
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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