Malaysian eCommerce customers have a new last-mile delivery service, PGEON, which lets them pick up their parcels at any MyNews.com convenience store. PGEON is a partnership between eCommerce delivery service EasyParcel and MyNews.com owner Bison…
Malaysia-based low-cost carrier AirAsia on Friday signed a memorandum of understanding (MoU) with the Odisha government for running direct international flights from Bhubaneswar to Kuala Lumpur. The agreement was signed between Nitin Bhanudas Jawale, Director…
Malaysia’s Digi.Com has secured approval to raise 5 billion ringgit ($1.12 billion) through via sukuk (Islamic bond) programs. The company’s unit Digi Telecommunications will issue the bonds, and the proceeds will be used to finance the company’s capex,…
Parkson Retail Asia has flipped from a S$2.9 million (US$2 million) net profit a year ago to a net loss of $2.23 million for its second quarter. This is despite a 7.4 per cent year-on-year rise in revenue to $111.14 million, with Parkson attributing its red…
Already under fire for widespread environmental damage, Malaysia’s once lucrative bauxite mining industry is facing a likely death knell from neighbouring Indonesia’s move to allow a resumption of exports. This time last year, Malaysia was the world’s biggest…
Aveda Malaysia has opened a store in Kuala Lumpur, its second outlet in Asia Pacific. At Pavilion Kuala Lumpur, the store has a new retail concept and is described by the US beauty product company as an “experience centre”. Instead of run-on shelving and…
Malaysian low-cost carrier AirAsia will be flying to Hawaii’s capital city Honolulu from June this year. The company announced on Friday (Feb 10) that its long-haul unit, AirAsia X, will fly to Honolulu four times a week from Kuala Lumpur via Osaka, and…
Electrical, IT and furniture retailer Courts Asia reports 24.4 per cent growth in net profit to S$5 million (US$3.5 million) for the third quarter to December 31. This is despite revenue falling 8.6 per cent year-on-year to $187.2 million, attributed to lower…
Hooters of Singapore – Marina Bay has opened in Marina Boulevard, led by franchisee Destination Properties Group. Covering 2336 sqft (217 sqm) and close to Marina Bay Sands and Marina Bay Financial Center, the restaurant features more than 22 large-screen…
AirAsia and AirAsia X are offering a 20% discount on all flights for bookings from Feb 6 to 12 and for travel between Feb 7 to July 31, 2017. In a statement, AirAsia said the low fares included all destinations, such as Kuala Lumpur to Shantou, Luang Prabang,…
Bacardi Global Travel Retail is aiming to build the presence of Dewar’s whisky in Malaysia with a two-month shopper engagement activation at Kuala Lumpur International Airport (KLIA). The pop-up John Dewar & Sons Fine Whisky Emporium features the travel…
Chatime Malaysia bubble-tea outlets will be rebranded following a dispute between franchisor La Kaffa International of Taiwan and Malaysia’s Loob Holdings. The move follows a termination of the franchise contract because of irreconcilable differences. Loob…
State lender Bank Negara Indonesia (BNI) plans to set up a subsidiary in Malaysia this year after the two countries signed an agreement on reciprocity-based banking business. BNI is waiting for the holding company of state-owned companies in the banking…
AirAsia is waiting for the go-ahead from India’s Directorate General of Civil Aviation to start direct flights from Kuala Lumpur to Bhubaneswar in March this year. The Malaysian budget airline will launch the new service once it receives formal permission…
The price of petrol has gone up because the price of refined petrol has increased, even though crude oil prices have dropped. In refuting allegations by the opposition, the Barisan Nasional Strategic Communications Team said today Malaysians used refined…
The Securities Commission Malaysia (SC) launched its latest Islamic capital market (ICM) initiative with the unveiling of a five-year Islamic Fund and Wealth Management Blueprint, which vision is for Malaysia to be a leading international centre for Islamic…
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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