Mydin hypermarket chain founder Mydin Mohamed Ghulam Hussein died of old age at a private hospital in Kuala Lumpur today. His son, who is also Mydin Mohamed Holdings Bhd managing director, Ameer Ali Mydin, 60, said his 88-year-old father had died at 5.06pm.…
Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a…
Malaysia’s largest operator Maxis has arranged to offer Vodafone’s IoT services for its business customers. The operator will offer a service combining its high speed data network with Vodafone’s IoT platform to help assist business customers looking to…
The photograph below is from a Longines advertising campaign, and features arguably India’s most famous Bollywood star, Aishwarya Rai. Some might consider it elegant, others “hi-so” in certain parts of Southeast Asia. But in Malaysia, religious zealots have…
Damco, the global third party logistics provider, has expanded its Hub-in-Transit programme by establishing new hubs in Malaysia, United Arab Emirates and Morocco. Damco’s Hub-in-Transit programme allows companies to postpone their decisions on the final…
Franchise rights for 20 years for McDonald’s Singapore and Malaysia could fetch S$542.8 million (US$400 million). The rights have been put on the market as part of McDonald’s Corp’s international turnaround plan put in place by new CEO Steve Easterbrook last…
Public Bank, Malaysia’s third largest bank and UnionPay International, a global payment network signed an agreement for UnionPay Debit Card Issuing Business today. With this partnership, Public Bank will be the first local bank to issue UnionPay card in…
7-Eleven Malaysia, a wholly owned subsidiary of 7-Eleven Malaysia Holdings Berhad, the No.1 standalone convenience store chain in the country, is proud to announce that it has launched its 2000th store in Malaysia at an opening ceremony held at The Scott…
ZEON Properties Group, the exclusive event partner of the StarProperty.my Fair 2016 that opens in Gurney Plaza and Gurney Paragon Mall in Penang today, is a real estate powerhouse. Among the most recognised brands in the industry in Malaysia, it has a dynamic…
7-Eleven Malaysia Holdings Bhd’s wholly owned subsidiary has launched its 2000th store in Malaysia. 7-Eleven said the store at The Scott Garden in Old Klang Road reflected the current 7-Eleven convenience store format, which was being rolled out across…
Sa Sa sales are slowing, despite an improvement in Mainland Chinese visitor numbers. Retail and wholesale turnover for cosmetics retailer Sa Sa International Holdings fell by 5.7 per cent for the first quarter to June 30, according to unaudited data. Turnover…
Sarawak (Malaysia) restaurant chain SCR Corp is set to move into Indonesia, first targeting Pontianak in Borneo as well as Jakarta. GM (franchising and strategic planning) Johnny Leo Lee Boon says the company is ready to launch its franchise business once…
Bursa Malaysia is likely to trend higher next week on improved sentiment including Bank Negara’s overnight policy rate (OPR) cut, rebound in oil prices, global bank stimulus and a stronger currency. Affin Hwang Investment Bank Vice-President and Retail…
Malaysia’s Axiata group has announced a major organizational and management shake-up across its group of companies, with the reshuffling or appointment of multiple new top executives. The company has embarked on a transformation as part of its strategy of…
Milkshake treats known as FreakShakes, devised by suburban cafe in the Australian capital of Canberra, have started making inroads to Asia. Patissez became a social-media sensation last year when it introduced its signature milkshakes piled with cookies,…
South Korean cosmetic manufacturer Banila Co has launched outlets in Malaysia, its fourth overseas market following China, Taiwan and the Philippines. Banila says its first cosmetics store in Malaysia opened in Mid Valley Mega Mall, the largest shopping…
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.
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