Reporting and analysis on retail, e-commerce, and consumer trends in Malaysia, updated continuously by our newsroom.
In a MYR160 million ($37.33 million) deal, asset manager BlackRock has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust. Reputed to be the world’s largest asset manager, BlackRock, registered on the New…
Retailers have experienced a major drop in sales with some registering a more than 40% decline over festive periods in the second half of the year, the Malaysian Employers’ Federation (MEF) said today. MEF executive director Datuk Shamsuddin Bardan said…
AirAsia X Bhd (AAX) has signed an agreement to charter aircraft from sister company PT Indonesia AirAsia (IAA) for 24 return flights between Jakarta and Kuala Lumpur for US$648,000 (RM2.82mil). The long-haul, low-cost airline told Bursa Malaysia that the two…
The German dating app Spotted is out to woo Southeast Asian users. Dating apps have become relatively widespread in Indonesia, with Germany’s Spotted merely the latest aiming to carve out a piece of the pie. Having entered Indonesia in October 2015, Spotted…
There are 252.4 million internet users located around Southeast Asia – and Malaysia has already emerged as the country with the third highest percentage of Internet users (67 per cent) after Singapore and Brunei. The promising internet penetration result…
Belgian watch brand Ice-Watch has opened its first store in east Malaysia, at Vivacity Megamall in Sarawak. It marks the retailer’s 15th gallery in the Malaysian market, showcasing the brand’s wide range of collections and its novelty timepiece line Ice City,…
Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded…
Parkson Holdings Bhd’s retail subsidiary in China has lost its final appeal to revoke an arbitral award made in favour of its former landlord and must pay about 141 million yuan (RM93.2mil). The department store operator told Bursa Malaysia on Monday that a…
Alibaba’s B2B business unit, including Alibaba.com and 1688.com, has teamed with trade exhibition organiser UBM Plc to “unite the online and offline trade buying experience” initially in Asia. The two companies have begun exploring opportunities to link the…
A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end. This quarter, the cumulative supply of office space for KL…
Mövenpick Hotels & Resorts is consolidating its expansion campaign in South-East Asia with two new properties announced for Malaysia and Vietnam, both of which will open in 2018. Strengthening its development plans in Malaysia, the Swiss hospitality firm has…
Malaysian convenience store operator Bison Consolidated plans to use the proceeds of an IPO to fund 150 new store openings by 2017. Bison currently has 237 newsstands and convenience stores under its brands, which include myNews, Newsplus, MagBit and The…
Today, there are a total of 252.4 million Internet users around Southeast Asia, with Malaysia emerging as the third country that recorded the highest percentage of Internet users (67%) after Singapore and Brunei. The promising Internet penetration result…
Malaysia’s premier savings bank, Bank Simpanan Nasional (BSN), is transforming their products and services to appeal to a new generation of digital-enabled customers by deploying Virtual Teller Machines (VTM) across 31 branches. Built on Cisco® Unified…
Mercedes-Benz Malaysia will be looking to invest a further RM200 million until end-2016 to enhance its retail network to deepen the group’s presence nationwide, as Malaysia currently represents the biggest market for Mercedes-Benz passenger cars in Southeast…
Kossan Rubber Industries Bhd group managing director and chief executive officer Datuk Lim Kuang Sia (second from right) receiving the Platinum Entrepreneur 2015 Award from Ahmad Husni. Kang (left) and working committee chairman Chey Onn Wah (right). THE SME…
Free background guides on how retail works in this market.
Malaysia
A middle-income market with heavy mall supply, strong halal requirements and a real split between the Klang Valley and everywhere else.
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Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Malaysia.
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How last-mile delivery works in Malaysia, what drives cost per drop, and how to set a service promise you can keep.
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Malaysia
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Malaysia.
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