Titijaya Land Bhd has roped in Japanese leading property giant, Tokyu Land Corp, to be the new shareholder of its wholly-owned Epoch Property Sdn Bhd in a RM47 million deal. Epoch Property sealed a conditional share subscription agreement with Tokyu for the…
Malaysia Airports Holdings Berhad (MAHB) has reported a +17.0% year-on-year surge in retail revenue to RM623.5 million (US$151.8 million) in the nine months ended 30 September 2017. Group retail and food & beverage sales per passenger increased +12.3%.…
Low-cost carrier AirAsia has cancelled 32 flights and rescheduled two others from and to Bali and Lombok following the volcanic activity at Mount Agung in Bali. In a statement, AirAsia said affected passengers would be notified of their flight status and the…
The Volvo brand just got a new shot-in-the-arm with Sisma Auto, Volvo Car Malaysia’s newly appointed authorised dealer, officially opening its city centre showroom at Menara Worldwide on Jalan Bukit Bintang. Located in the heart of Kuala Lumpur’s premier…
RON95 and RON97 petrol will be both be 8 sen cheaper at midnight, ending five consecutive weekly price increases. The Domestic Trade, Co-operatives and Consumerism Ministry announced today that RON95 will retail for RM2.30/L and RON97 for RM2.58/L, while…
Bursa Malaysia aims to boost retail investors’ participation to 25 per cent in the near term from the current 23.3 per cent with 80 programmes underway to increase financial literacy. Bursa Malaysia chief executive officer Datuk Seri Tajuddin Atan said only…
Ikea Malaysia’s new third store in Johor Baru has attracted crowds of shoppers who hopped over the border from Singapore attracted by cheaper prices. Southeast Asia retail director Mike King says Ikea Tebrau is accessible to about 1.8 million Malaysians…
Malaysian pawnbroker MoneyMax Financial Services – an offshoot of the Singapore group that specialises in pawnbroking, retail and trading in pre-owned jewellery, watches and branded goods – is buying into 13 pawnbrokers in Malaysia. It is acquiring interests…
Dairy Farm sales were described as “flat” in the third quarter to September 30. The Hong Kong-headquartered company said improved performances in health and beauty, Ikea, restaurants and Yonghui were offset by lower sales in the food and grocery division.…
Parkson Retail Asia has had a lacklustre start to its fiscal year, its unaudited first-quarter figures show. Gross sales proceeds fell by 8.3 per cent year on year to S$202.4 million (US$148.9 million) for the quarter. Total merchandise sales generated $198.1…
Rolex has relaunched its boutique at Pavilion Kuala Lampur, with a new, elegant shop design and layout to lure the lucrative Malaysian market. Launched by Swiss Watch Gallery, which officially operates the luxury watch brand, the 158 square-metre-space has…
ShopBack the one-stop lifestyle portal that powers smarter purchase decisions, raised USD25M in its latest funding round, bringing the company’s total funding raised to date close to USD40M. The round was led by Credit Saison, the largest credit card and…
Xiaomi Malaysia has opened its second retail store, offering Kuala Lumpur shoppers greater access to its Mi Ecosystem products. Originally the Chinese electronics company had sold its smartphones and other products exclusively online, but in its home…
Morten Lundal will be stepping down from his position as chief executive officer of Maxis next year after serving the Malaysian telecoms operator for nearly five years. In a filing with Bursa Malaysia, Maxis said Lundal will be leaving the company when his…
Low-cost airliner AirAsia has announced the launch of a travel fair in Hyderabad, packed with offers, being organised in association with Tourism Malaysia. This fair is aimed at promoting tourism between India and Malaysia and thereby contribute to the…
Tata Consultancy Services has implemented an industry-first transformation project to migrate Malaysia Airlines’ data center to a 100% hybrid cloud model. To better enable a competitive-edge and future readiness for the airline, TCSorchestrated the large and…
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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