While Malaysia retail sales for the first quarter have taken a tumble, a decline was on the cards following the introduction of GST on April 1 last year. This boosted sales of big-ticket items in last year’s first quarter, and a year after the introduction of…
Malaysian telecom operator Axiata Group Berhad has invested $16 million in Bangalore-based StoreKing, an e-commerce startup that helps retailers to sell products in small towns, through wholly owned unit Axiata Digital. This is Axiata Digital’s first…
Malaysia-based retail advertising and intelligence technology provider, Ebizu Sdn Bhd, has secured a round of Series A investment amounting to $3 million from undisclosed Singapore investors to fuel its regional expansion plans. Ebizu’s operations has grown…
Malaysian health and fitness company KFit Holdings is about to enter the Indonesian market after signing a deal to acquire eCommerce company Groupon Indonesia. For an undisclosed amount, the acquisition will see KFit enter Indonesia with Groupon as a wholly…
Shopping mall developer Central Pattana, which runs 29 malls in Thailand, plans to open its first foreign outlet in Malaysia in 2018. It will work through a joint venture with a Malaysian company in which it holds a 60 per cent stake. The new mall, under the…
Southeast Asian economies are reaching a stage similar to China’s at the end of the last decade, when eCommerce began to take off, according to Alibaba Group executive vice-chairman Joseph Tsai. “I don’t blame you guys for having some degree of excitement…
Shareholders of Malaysia’s largest duty-free operator Duty Free International Ltd have approved a strategic partnership with Heinemann Asia Pacific for a sale of up to 25% equity interest plus one share in DFZ Capital Berhad (DFZ). The sale and purchase…
After making its presence felt in Thailand and Indonesia, Apollo Tyres announced the setting-up of its office in the third largest automotive market in the ASEAN region, Malaysia. Satish Sharma, President, Asia Pacific, Middle East & Africa (APMEA region),…
The Philippines’ largest oil refiner and distributor Petron Corporation is set to further expand its retail business as it continues to enjoy stronger sales and positive growth potentials, reported The Standard. Source: Petron Corporation Facebook Page This…
Maybank Islamic Berhad has clinched the Leadership Issuer of the Year Award for a financial institution by the Asset Triple A Islamic Finance Awards 2015 for its RM1.5 billion Basel III-compliant subordinated sukuk murabahah, which was the single largest deal…
Spanish fashion brand Mango has launched a range of Ramadan styles, including special festive garments. For more than 10 years the brand has been globalising its collections for different markets. Its special-collections department develops exclusive designs…
The new Toys’R’Us Asia-Pacific president is Andre Javes. Taking up the role on May 27, Javes will oversee all operations and business activities for the company’s growing number of stores in Japan, Southeast Asia, Greater China and Australia, and he will be…
Footwear label Manolo Blahnik is expanding operations in select Asian markets through a new distribution and retail partnership. Beginning with the autumn/winter 2016 collection, Bluebell Group will be responsible for Manolo Blahnik’s distribution and retail…
Malaysia-based Axiata Group has reported a 37% slump in net profit for the first quarter ending in March, due in part to higher capex, financing and depreciation costs. Net profit fell to 368 million ringgit ($90.1 million) despite a 5.4% year-on-year…
KITCHEN Shop received the Global Innovation Award 2015 for Retail Excellence held in Chicago, making it the first global recipient from Malaysia. This also makes Kitchen Shop the first speciality shop to attain the award in this region. Katrin BJ Sdn Bhd…
Parkson Vietnam has closed another of its stores as it continues to struggle to make its business profitable. The Malaysian department store operator has closed the 19,000 sqm District 7 outlet in Ho Chi Minh City, a multi-story department store beneath a…
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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