THE old adage, “when going gets tough, the tough get going” still rings true in today’s challenging economic climate. This is the mindset of Sogo Malaysia group deputy chairman Datuk Andrew Lim and group managing director Datuk Alfred Cheng, who are exploring…
Malaysian long haul low cost airline AirAsia X is planning to dry lease two 777-300ERs from 2Q2017 to support the resumption of services to London Gatwick in Jun-2017. Its joint venture airline in Thailand is also aiming to launch long haul services to Europe…
2016 overview Fundamentally, you could say that the property industry runs alongside the economy of the country. As reported in CBRE / WTW’s report, domestic consumption rose, driven by spending in areas that include F&B, transportation and communication.…
AirAsia and AirAsia X have urged all guests travelling throughout the Chinese New Year period to arrive earlier at the airport to avoid congestion due to the expected surge in travellers. In a statement, the budget airline advised guests to arrive at least…
Luxury fashion company Coach Malaysia has opened its largest store for Southeast Asia, in Kuala Lumpur’s Pavilion Elite. The store is part of the company’s continuous expansion strategy in the Asian market despite it closing its Hong Kong flagship last year.…
Famed for its macaroons, luxury French bakery Laduree Malaysia is expected to launch soon with a store in Pavilion KL’s Couture Zone. No date has been set yet for the opening. With their ganache filling, Laduree macarons come in a variety of flavours, ranging…
Samsung Malaysia Electronics has launched its first Samsung Experience Store (SES) in Genting Highlands, at Sky Avenue mall. It is a one-stop shop providing mobile phones and accessories as well as associated services. Samsung Malaysia Electronics IT and…
After closing some of its department stores in Hanoi within a two-year period, Parkson, a retail giant from Malaysia, has officially decided to leave the capital. Parkson Viet Tower on Thai Ha street will close on December 15. Meanwhile, Vincom, just opened…
AirAsia X plans to fly four times weekly direct to Wuhan, China, from Kuala Lumpur, effective March 22, 2017, and is offering one-way promotional fares from RM199. Chief executive officer Benyamin Ismail said the company is the largest foreign carrier into…
Jeweller Luk Fook Holdings (International) reports a turnround to positive growth in its same-store sales for its third quarter, ended December 31. With a relatively low base, the same-store sales growth for the period recorded a “substantially narrowing…
Malaysian carrier AirAsia X has upgraded its in-flight entertainment option for Australian passengers. The new Xcite Inflight Entertainment tablet is a Huawei Mediapad 2, equipped with a 10.1″ HD widescreen display, Harman Kardon audio technology and headset.…
Malaysia’s Axiata Group has arranged to sell a 34.1% stake in its wholly-owned telecommunications infrastructure services division edotco Group for $600 million. The operator will place $400 million worth of primary shares with Innovation Network Corporation…
FedEx Trade Networks, a premier international freight forwarder, announced the opening of a new office in Malaysia. Based in Penang, the additional facility highlights the continued expansion of FedEx Trade Networks to meet the growing market demand. “With…
AirAsia is increasing its flights for the Chinese New Year (CNY) period, offering 84 additional domestic and international trips. In a statement here yesterday, its Head of Commercial, Spencer Lee, said CNY has always been one of the busiest periods for the…
Budget airline AirAsia is the latest corporate to get into hackathons. The company just revealed plans to host its first-ever hack event on March 18 at its headquarters in Kuala Lumpur, Malaysia. “AIRVOLUTION 2017” — yes, all caps and a cheesy name ? — is, as…
Food chain PappaRich Malaysia is considering a Singapore IPO, possibly this year. Insiders say the company, which opened its first restaurant in Malaysia in 2006, aims to achieve a valuation of at least S$200 million (US$140 million) in the share sale.…
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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