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30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
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 )

Retail Asia24/01/2018

The Malaysian Automotive Association (MAA) is hoping that the review of the National Automotive Policy (NAP), which will be announced by the government in mid-2018, will improve the automotive industry and help boost vehicle sales. MAA president Datuk Aishah Ahmad said the government has not engaged with MAA on the review of the NAP and […]

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Retail Asia24/01/2018

Lotte Chemical Titan Holding Bhd’s wholly owned subsidiary Lotte Chemical Titan Sdn Bhd has entered into a three-year sales contract with United Arab Emirates-based Abu Dhabi National Oil Co for the supply of refined products and paraffinic naphtha. The group announced in a stock exchange filing that the contract runs from Jan 1, 2018 to […]

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Retail Asia24/01/2018

Honda Malaysia retained its number one spot for non-national brands for the third consecutive year, managing to sell 19% more cars or 109,511 units in 2017, the highest in its history. Honda Malaysia also sold the second largest number of cars in total industry volume in 2017, for the second consecutive year, it said in […]

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Retail Asia22/01/2018

Bursa Malaysia is expected to continue its positive momentum next week, driven by a stronger ringgit, firmer oil price, strong global economic outlook, and better corporate earnings, a dealer said. Affin Hwang Investment Bank Vice-President/Head of Retail Research Datuk Dr Nazri Khan Adam Khan said the global economic outlook is looking good so far this […]

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Retail Asia19/01/2018

Bursa Malaysia rebounded from yesterday’s losses to open slightly higher today on renewed buying interest in selected heavyweights, amid a mixed start on regional markets, dealers said. At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,824.10, up 2.50 points, from yesterday’s close of 1,821.60.It opened 1.79 points higher at 1,823.39. Overall […]

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Retail Asia19/01/2018

Perusahaan Otomobil Kedua Sdn Bhd (Perodua) is targeting for the sale of 209,000 vehicles this year, which is a 2% jump from the 204,900 units sold in 2017. Speaking to reporters at the 2017 full year review briefing, Perodua’s president and CEO Datuk Dr Aminar Rashid Salleh said, this year the car maker is focusing […]

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Retail Asia19/01/2018

An August opening date has been set for Malaysia’s Capital 21 mall, with its museum and indoor theme park. Initially the development was scheduled to open earlier this year. Being developed in Johor Baru by Capital World, the 1.4 million square-foot (130,000sqm) shopping mall will include three floors of retail alongside the MCM Studio indoor theme park, […]

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Retail Asia19/01/2018

MRCB-Quill REIT’s (MQREIT) net profit for the fourth quarter ended Dec 31, 2017 plunged 80% on a RM18.2 million deficit in revaluation of its investment properties. It made a net profit of RM3.3 million for the quarter under review, compared with Rm16.9 million for the same quarter in 2016. This was on 18.3% higher revenue […]

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Retail Asia18/01/2018

Samsung has officially announced the arrival of the new Galaxy A8 (2018) in Malaysia. The Galaxy A8 (2018) and Galaxy A8+ (2018) are the company’s new mid-range offerings, featuring IP68-rated bodies and a new dual front camera setup, and will retail from RM1799. While they may be positioned as mid-range devices, Samsung has actually trickled […]

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Retail Asia18/01/2018

The Royal Customs Department seized contraband cigarettes with RM1 billion worth of taxes last year as the authority intensified actions to curb the rise of illicit tobacco products and the government incurs billions in revenue lost. The high price of cigarettes makes Malaysia a haven for contraband smugglers and retailers who reap huge profits as locals […]

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Retail Asia18/01/2018

Malaysian make-up brands and skincare products are now coming to the fore. Cushion foundation by So.Lek. Picture credit: Instagram So.Lek When it comes to make-up, local beauty enthusiasts tend to look for products offered by global brands such as L’Oreal, Estee Lauder, NARS, Maybelline, Urban Decay and Bobbi Brown. Meanwhile, the younger crowd, heavily influenced […]

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Retail Asia16/01/2018

To technology, retailers have and are moving out from brick-and-mortar stores to join the cyber world. As a result, street retail sales are accelerating on the Internet, offering shoppers better deals because they do not have to worry about the overhead expenses which traditional stores have to deal with. Christy Ng Sdn Bhd founder Christy […]

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Retail Asia16/01/2018

Bursa Malaysia-listed property developer Titijaya Land Berhad (Titajaya) has signed a memorandum of understanding with Tokyu Land Corporation (TLC) to establish a provisional collaboration in the real estate industry. In a statement, Titijaya said it will share and exchange knowledge and expertise with TLC with the intention of further revolutionising their real estate development and to explore potential collaborations […]

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Retail Asia16/01/2018

Technology company Lenovo Group plans to open a Legion concept store in Kuala Lumpur. Skewed toward gaming, the store will also offer an experiential area where customers can try Legion’s gaming products. Lenovo central Asia Pacific GM Ivan Cheung says a site has already been chosen and renovation work has started. The opening is expected […]

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Retail Asia16/01/2018

Korean coffee chain Caffe Bene has collapsed, filing for a court-led restructuring scheme on Friday. Yonhap news service reports the court will soon decide whether to put the ailing coffee chain under its receivership or commence liquidation. The legal move follows a protracted slump and mounting losses, the company said. In 2016, the company lost […]

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Retail Asia15/01/2018

Indian jewellery chain Malabar Gold & Diamonds today added 11 showrooms across six countries to its network. Taking its retail store count to 208, the showrooms include AMK Hub in Singapore, Ampang Mall in Malaysia and Warangal in Telangana, India. Other showrooms are in malls across the UAE. The brand has 90 showrooms in India, […]

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Retail Asia15/01/2018

Stronger store traffic drove overall sales for cosmetics retailer Sa Sa International for its third quarter to the end of December. This was in line with expectations, says the company. Total transactions increased by 5 per cent year on year to 5.1 million, while the number of transactions with local and mainland tourists grew 6.6 […]

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Retail Asia12/01/2018

There may be 12 animals in the Chinese zodiac, but it looks like Giant Hypermarket outlets in Malaysia missed the memo. A photo of a festive Chinese New Year t-shirt being sold by the hypermarket chain received flak online from Malaysians because its image of cartoon animals perched around a platter of yu sheng was missing […]

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Retail Asia12/01/2018

7-Eleven Malaysia Holdings Bhd is in talks with a few parties on food chain supply after its memorandum of undestanding (MoU) with Brahim’s Holdings Bhd’s subsidiary lapsed after close to two years. Last week, 7-Eleven said in a stock exchange filing that the MoU with Brahim’s “has lapsed and accordingly ceased to have any effect”. […]

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Retail Asia11/01/2018

Axiata Group has made two key appointments for its business services and information security, as part of its transformation efforts into a “new generation digital champion.” The Malaysia–based telecoms conglomerate has recently appointed Asri Hassan Sabri – Axiata’s group chief business operations officer since January 2016 – as chief executive officer of its newest subsidiary, Axiata […]

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