Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
The Malaysian Electronic Clearing Corp Sdn Bhd (MyClear), a wholly-owned subsidiary of Bank Negara Malaysia (BNM), is developing a new real-time retail payments platform to serve both as a catalyst and enabler for innovative payments in Malaysia. BNM deputy…
Malaysia’s Celcom Axiata has excluded Nokia from its new five-year 4G network upgrade project, cutting its selection of vendor partners down to just Huawei and Ericsson. The company has signed an infrastructure agreement with Huawei and Ericsson for a project…
Retail Group Malaysia (RGM) is projecting a 4% growth rate for the local retail sector this year, as it believes that consumers will still continue to spend in spite of the global economic uncertainty. RGM managing director Tan Hai Hsin said while consumers…
Rohana Rozhan, the chief executive of Astro Malaysia Holdings, has never shied away from a challenge. As a young girl, she was determined not to be outdone by the boys she grew up with. Now, she is engineering an Internet-powered expansion for the pay TV…
Dubai-based Abraaj Group has led a US$30-million Series B round of fundraising for Singapore’s Ninja Logistics (Ninja Van), a technology-enabled last-mile logistics provider with a presence in Indonesia, Malaysia and Singapore, and just lately Vietnam. Ninja…
Despite economic growth cooling, Parkson Retail Group (PRG China) is confident about its shopping mall opening this month in Qingdao. This confidence is underlined by an Asian Development Bank prediction that the Chinese economy will grow 6.5 per cent this…
Tea exporters from south are exploring opportunities to double their exports to Malaysia and Indonesia by joining hands with the tea industry in those countries. The exporters’ organisation has signed an MoU with trade representatives in Malaysia to double…
New income from Tropicana City Mall and higher contributions from Gurney Plaza and East Coast Mall, CapitaLand Malaysia Mall REIT Management (CMRM) have propelled reported property income growth of 13.1 per cent for the first quarter. Tropicana City Mall and…
Homegrown brands in Malaysia usually start off by participating in bazaars or selling online. With limited funding, it is difficult to penetrate into big retail malls. One way is to succeed collectively, as seen in LOKA, an initiative to foster the talents of…
Shares on Bursa Malaysia are expected to trade higher next week, supported by positive domestic and regional sentiments. Affin Hwang Investment Bank vice-president/head of retail research Datuk Dr Nazri Khan Adam Khan said market has been on an upward trend…
Malaysia’s Packet One Networks (P1) has rebranded as webe as part of its transformation into a digital mobility service provider. But the operator has not yet announced when it plans to launch mobile services or provide details on any mobile plans. The…
QL Resources, which produces chicken eggs and seafood surimi, is set to launch a MalaysiaFamilyMart network. The company says it plans to open 300 outlets within five years, with the first to be up and running by the end of this year. That will trigger a…
Two more Apple Stores will open in Jakarta as part of Story-i Indonesia’s retail strategy to expand the network to 18 locations. Story-i has formed a relationship with Singapore-headquartered retail giant Courts to open an initial two Apple stores within its…
11street, Malaysia’s most exciting e-mall celebrates its one-year anniversary by bringing 11street’s Shocking Deals to Life, a carnival-themed celebration that shares the joy of saving and shopping online, as a gesture to thank Malaysian consumers for their…
Ford Malaysia has announced its retail sales figures in the country for the month of March 2016, which grew 24% from the previous month to 650 units. In February, the company managed to shift 524 units. The sales performance was largely contributed to by the…
Ikea Malaysia is expanding to Johor Baru and plans are underway to open its new store by end 2017 which will be the first in the southern region of Peninsular Malaysia. The Swedish furniture giant said on Thursday the new store would be near Jalan Desa…
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