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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )

Retail Asia29/06/2018

A proposal for a new low-cost carrier terminal (LCCT) to be developed at Kuala Lumpur International Airport (KLIA) was made last year by a company called Citaglobal Airports Sdn Bhd, a move which looks to have had the backing of the AirAsia group, the largest user of klia2, the current LCCT. Documents revealed that the […]

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Retail Asia28/06/2018

Items seized from six premises linked to ousted Malaysian leader Najib Razak, including cash, a vast stash of jewelry and luxury handbags, are worth up to $273 million, police said Wednesday. “The total cost of all the items, the retail price, will be touching 910 (million) to 1.1 billion ringgit,” Amar Singh, the police’s head […]

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Retail Asia27/06/2018

Malaysian palm oil futures fell at the midday break today, as weak export demand and losses in US soyoil weighed. The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange was down 0.8% at RM2,266 per tonne, its sharpest intraday loss since June 19. Palm gained in the previous session, snapping […]

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Retail Asia27/06/2018

AmInvestment Bank has cut the banking sector’s core earnings growth forecast to 7.6% from 9.2% after lowering expectations for banks’ non-interest income. The earnings growth will be contributed by an increase in revenue and improvement in operating expenses. Last year, banks’ core earnings grew 10.6%. Non-interest income is now expected to be more challenging than […]

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Retail Asia25/06/2018

Looking to earn extra income for Malaysians has just become easier with the launch of DuitDo-it. Working like the dating app Tinder, job seekers can apply for part-time and contract or freelance work with just one swipe. DuitDo-it is developed and owned by recruitment agency AP Symphony Search, as part of their CSR efforts to […]

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Retail Asia25/06/2018

Aeon Credit Service (M) Bhd is targeting to launch its cashless payment service Aeon Wallet in August, which will become another core business segment for the group. Aeon Credit, a subsidiary of Aeon Financial Service Co Ltd Japan, is principally engaged in consumer finance operations through provision of easy payment and hire purchase schemes for […]

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Retail Asia25/06/2018

The Malaysia Retailers Association (MRA) forecasts retail sales to be 5.3% for 2018, an improvement from the 4.7% growth in its March survey, boosted temporarily by the zero Goods and Sales Tax in June. The MRA said for the first quarter of 2018, the Malaysia retail industry recorded a below-than-expected growth rate of 2.6% in […]

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Retail Asia25/06/2018

Petroliam Nasional Bhd (Petronas) is committed to supporting Sarawak’s aspiration to become a major player in the petroleum industry and has so far invested RM183 billion in the upstream sector in the state alone via production sharing contracts (PSCs). According to infographics released to Bernama, the national oil company, since 1976 and up to last […]

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Retail Asia22/06/2018

Shares of Telekom Malaysia Bhd slumped as much as 12.1% this morning to a low of RM3.19 in anticipation of a drop of at least 25% in broadband prices by year-end. At the noon break, the stock fell 39 sen or 10.7% to RM3.24 on 39.82 million shares done. Multimedia and Communications Minister Gobind Singh […]

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Retail Asia22/06/2018

AirAsia Group Bhd (AAGB) lambasted the Indian Central Bureau of Investigation’s (CBI) first information report (FIR) lodged against the low-cost airline, based on information from an unnamed “reliable source.” “We question the motives of the unnamed person, persons or organisation that lodged this FIR but we will cooperate fully with the Indian authorities in accordance […]

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Retail Asia22/06/2018

Malaysia’s consumer price index (CPI) increased 1.8% in May 2018 – the fastest pace in four months – to 121.1 compared with 119.0 in the corresponding month of the preceding year due to a strong recovery in transport prices. According to the Department of Statistics, among the major groups which recorded increases were transport (+3.8%); […]

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Retail Asia21/06/2018

Bulgari Malaysia has opened a flagship store in Bukit Bintang district, Kuala Lumpur. Built in the same style as the Via Condotti store in Rome, the 103sqm space sees the Italian brand experimenting with new ways to convey the luxury brand’s heritage. The designer, Netherlands-based MVRDV, used rough concrete with resin veins to create a […]

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Retail Asia19/06/2018

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Low-cost carrier AirAsia Group Bhd is adding services to Ipoh and also looking at restarting flights to Kuantan, according to its group chief executive Tan Sri Tony Fernandes. He said this in a tweet this morning from his handle @tonyfernandes: “We opening IPOH soon and also looking to restart Kuantan. Would mean we would fly […]

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Retail Asia15/06/2018

AirAsia has accused Malaysia’s aviation body, Mavcom, of holding back the country’s aviation and damaging tourism growth. The airline made the accusations, Thursday, in a rebuttal of an earlier statement released by Mavcom saying it always adhered to a transparent and objective process when considering traffic right applications. AirAsia has accused Malaysian Aviation Commission (Mavcom) […]

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Retail Asia13/06/2018

Loob Holding Sdn Bhd, the creator of Malaysia’s Tealive bubble tea brand, today announced a joint venture with two China companies to bring 500 Tealive stores to China within three years. The Malaysian company inked the deal with Zhejiang Boduo International Trade Co Ltd and Shanghai Panfei International Trade Co Ltd at a ceremony attended […]

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Retail Asia13/06/2018

Poh Kong Holdings Bhd’s net profit for the third quarter ended April 30, 2018 fell 41.8% to RM4.31 million from RM7.4 million a year ago, as the fluctuation of gold prices affected the group’s operating profits. Revenue, however, increased 17.2% to RM240.44 million compared with RM205.23 million in the previous year’s corresponding quarter due to […]

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Retail Asia13/06/2018

Sony’s first Extra Bass store in Southeast Asia has just opened in Kuala Lumpur’s Sunway Pyramid Asian Avenue. Extra Bass was designed to provide an unusual shopping experience for consumers into sound experiences at home or on the move. Creative displays show off a range of Sony’s Extra-series products, including headphones and wireless speakers. Sony […]

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Retail Asia12/06/2018

The month of Ramadan is considered as the most sacred period for millions of Muslims in Malaysia & Indonesia. As such, a huge number of people observing the religious period would shift their daily routine to focus on spirituality & contribute to charitable initiatives. This also shifts the way consumers shop in a very significant […]

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Retail Asia12/06/2018

Malaysia’s April manufacturing sales recorded a growth of 8.2% to RM65.5 billion compared with RM60.5 billion reported a year ago, according to the Statistics Department. The significant increase in sales value in April was due to the increase in electrical and electronics products (13.9%), petroleum, chemical, rubber and plastic products (6.3%) and food, beverages and […]

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Retail Asia12/06/2018

Malaysian consumers are optimistic about the country’s economic outlook after the zero rating of the Goods and Services Tax (GST), with 82% of them opining that the economy will improve in the next 12 months, according to a survey conducted by Nielsen Malaysia. More than 1,000 Malaysians between the ages of 18 and 64 from […]

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