Malaysia Airlines Bhd (MAB) has performed well in 2016 and the momentum is expected to continue in the year ahead, backed by its 12-point MAS Recovery Plan (MRP), said Khazanah Nasional Bhd. Managing director Tan Sri Azman Mokhtar expressed confidence that…
More shoppers seen migrating to virtual stores as economy slows down AS consumers hold on tighter to their wallets and purses amid a slowing economy, online shopping is expected to be more prominent in the Malaysian retail scene with more brick-and-mortar…
Tesco Asia’s sales growth stalled in the third quarter as Thais stopped spending during the mourning period for their late king. First quarter growth was 3.3 per cent and second quarter growth 3 per cent. But during the third quarter, according to results…
UnionPay International (UPI), a global payment network, has reaffirmed its presence in Malaysia by inking a first-of-its-kind partnership with Public Bank (PB), the third largest bank in Malaysia. The two collaborated to launch the PB UnionPay Lifestyle Debit…
Malaysia’s largest jewellery retailer, Poh Kong Holdings, plans to spend up to RM25 million (US$5.6 million) to open five more stores in Malaysia this year. The company says two of the outlets will be in Johor, a state with an appetite for gold and gemset…
McDonald’s Malaysia has decided to ban customers taking products that are not halal-certified into its restaurants. The fast-food restaurant chain says the measure is necessary to safeguard its own halal status, reports the Malay Mail. “This is in line with…
Loob Holdings, which owns and runs the Chatime Malaysia outlets, says it will seek legal advice in response to news of a purported termination of the franchise agreement with La Kaffa International of Taiwan. Loob CEO Bryan Loo says that while the franchisor…
QSR Brands, one of the largest quick service restaurants operator in Malaysia as well as a leading brand in the Southeast Asia region, is promoting Merrill Pereyra to chief executive officer. Along with Pereyra’s promotion, it is also appointing Jean Ler as…
Samsung Malaysia has announced the latest 2017 version Galaxy A lineup for the local market that features IP68 certified water and dust resistance along with built-in Samsung Pay function. The all-new Galaxy A series 2017 that was introduced include Galaxy A5…
Malaysia’s AirAsia, which operates budget flights across Southeast Asia, had a stellar 2016. But the catalysts that fueled the airline’s ascent by as much as 130% by August are no longer there. This stock could fall another 20%. AirAsia is a play on the…
Affin Hwang Capital Research is retaining its Neutral sector rating on the consumer sector and recommends stocks with solid track records and high yields, with Heineken as its top pick. It said on Monday while the Q3, 2016 earnings mainly disappointed, it…
Most folks in Selangor are responding well to the ban on plastic bags despite some feeling that they still need more time to get used to it. Some however felt more awareness must be created as to why it is necessary to ban plastic bags. Copywriter Trinity…
eCommerce company Carousell has bought Duriana, the Malaysian mobile classifieds startup, to become the top mobile classifieds player in the market. The deal adds significant critical mass to Carousell in Philippines, where Duriana has built a credible…
After launching in Korea, French fast-casual restaurant chain Lina’s Paris is planning to roll out across Southeast Asia. Working with a franchisee, it already has 10 restaurants in Korea and has just opened a kiosk in Seoul Art Center with 100 seats. Founded…
Uniqlo Malaysia has opened a second store in Ipoh, in the city’s largest shopping centre, Ipoh Parade Mall. Gifts and specials have marked the opening of the concept clothing store. Uniqlo’s first store in the city opened at Aeon Mall Ipoh Klebang in 2015.…
Fuel prices will increase between 15 to 20 sen just as Malaysians usher in the New Year at midnight tonight, according to the Petrol Dealers Association of Malaysia (PDAM). The widely used RON95 petrol will cost RM2.10 per litre from tomorrow, and diesel…
Retail Academy: Malaysia
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