Tag: malaysia

Retail Asia15/12/2021
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2min0
Southeast Asian ride-hailing and food-delivery giant Grab is to acquire Malaysian grocery chain Jaya Grocer, according to a filing with the US Securities and Exchange Commission. Under the agreement, Grab will acquire Jaya Grocer’s ordinary shares and 75 per cent of preference shares. The company also has the option to buy the remaining 25 per […]

Retail Asia13/12/2021
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2min0
Malaysia will finalize plans to pursue a single wholesale 5G network by January. This week, Malaysia’s communications minister Annuar Musa revealed that the cabinet is considering allowing several 5G providers after telcos voiced concerns that this would stifle competition. In February, the government announced plans to switch to a single wholesale network after initial plans […]

Retail Asia10/12/2021
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1min0
JONETZ By Don Don Donki just opened its second outlet in Malaysia today, 10 December, and it’s the biggest one yet — in fact, it’s the biggest store in ASEAN Spread across two levels in Tropicana Gardens Mall, the outlet features new sections, such as CosmeDONKI, a yatai food court, and a fully certified halal area. CosmeDONKI is a Japanese cosmetic shop […]

Retail Asia07/12/2021
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2min0
Adidas Malaysia has unveiled its largest brand center in Southeast Asia at Sunway Pyramid. Spanning 1575sqm and two stories, Adidas Sunway Pyramid worked with renowned Malaysian graphic designer, Valen Lim, to create localized experience zones in the store.  The brand incorporates Malaysian design elements, such as prominent local landmarks in the store interior, representing the […]

Retail Asia07/12/2021
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1min0
PhillipCapital’s derivatives broking arm in Malaysia has entered into a business sale and purchase agreement with Alliance Investment Bank to purchase its stockbroking business. The strategic partnership arrangement will allow Phillip Futures to expand its Futures, Options, and Contract for Difference broking services to include Stocks and Exchange Traded Funds to the Malaysian investors, according […]

Retail Asia06/12/2021
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8min0
A transient drive right by the border from Dyson’s contemporary headquarters in Singapore is the boomtown constructed round its enterprise: a Malaysian industrial declare dominated by its finest supplier, ATA IMS Bhd (ATAI.KL). ATA, one amongst Malaysia’s high electronics manufacturing companies and products suppliers, rode Dyson’s success in excessive-close vacuum cleaners and air purifiers, supplying […]

Retail Asia30/11/2021
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2min0
For AirAsia there has been a welcome recovery in Malaysian domestic demand in the last part of 2021 as internal travel restrictions ease in the group’s most important market. Third-quarter operating statistics made a fairly grim reading for AirAsia. The effects of the COVID-19 delta variant caused the governments in the group’s major Southeast Asian markets to […]

Retail Asia26/11/2021
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2min0
The Vietnam Maritime Corporation has launched a container shipping route to Malaysia and India. The route from Vietnam’s Hai Phong Port to Malaysia’s Port Klang, India’s Calcutta, Port Klang, and SP-ITC International Container Terminal in HCMC takes 10 days less than foreign shippers’ itineraries, VIMC said. It is the first time Vietnamese container ships are […]

Retail Asia26/11/2021
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6min0
The newly refurbished and upgraded Huawei Customer Solution Innovation Center (CSIC) has been officially launched by prime minister, Dato’ Sri Ismail Sabri Bin Yaakob, as part of celebrations to commemorate Huawei’s 20th anniversary in Malaysia. The state-of-the-art technology and solutions displayed in Huawei Technologies (Malaysia) Sdn Bhd’s (Huawei Malaysia) CSIC also aim to assist the nation […]

Retail Asia24/11/2021
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1min1
McDonald’s Malaysia is set to roll out 200 stores across the country, increasing its nationwide network to 500 by the end of 2026. MD and local operating partner, Azmir Jaafar, told local reporters that the fast-food chain is hiring 10,000 workers as part of its expansion plan. New locations will be opened away from the […]

Retail Asia18/11/2021
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4min0
In an industry first, Tune Protect and AirAsia have launched the Covid Travel Pass as an added convenience for air travelers to meet the mandatory insurance coverage set by the governments for fully vaccinated international travelers flying into the countries. Kicking off with Langkawi, Malaysia, and various tourist destinations in Thailand, the service will be […]

Retail Asia15/11/2021
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3min0
While the Thai operations of AirAsia Group Bhd continue to drag on the earnings of the low-budget airline group, the falling rate of Covid-19 infections in the region offers optimism for a longer-term recovery, says Maybank Investment Bank Research. Thai AirAsia recently reported wider third-quarter losses of THB2.1bil resulting from a suspension of its flight operations […]


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