Malaysia

Technology and manufacturing company Honeywell is strengthening its presence in South-east Asia by establishing a new ASEAN regional headquarters in Kuala Lumpur, Malaysia.

#MYCYBERSALE, Malaysia’s online sale event, is back from October 9 to 13 with deals and discounts for a wide range of products. Shoppers can visit www.mycybersale.my and online marketplaces such as Lazada and Zalora to enjoy the offerings.

Malaysia’s online payment gateway provider iPay88, an NTT Data company, will be the premier payment gateway partner for the country’s annual MyCyberSale.

Online retail sales in Malaysia will increase at a lower rate than its regional neighbours, according to the Malaysia B2C e-commerce Market 2017 report by yStats.com, a Germany-based e-commerce business intelligence specialist.

In preparation for the upcoming Ramadan and Hari Raya festival celebrations, more Malaysian consumers will explore buying new items online, such as e-vouchers and groceries, in addition to shopping online solely for items such as clothing and electronics, according to online marketplace 11street.

On behalf of all of us at Retail Asia, our heartiest congratulations to all the dynamic and nimble retailers who have successfully overcome the many challenges of multi-channel retailing - and made it to our 2016 Retail Asia-Pacific Top500 ranking.

Biok Marketing, a subsidiary of Booko of Kanagawa Prefecture, Japan, is opening its first ‘Loved in Japan’ (or ‘preloved in Japan’) shop, ‘Jalan Jalan Japan’, this month in  Subang Jaya in Selangor, Malaysia.

Arla Foods is setting up a new regional business unit to lead the organisation into the next phase of its development in Asia.

Hundreds of malls in Kuala Lumpur, billed as the fourth best shopping city in the world, continue to pull in domestic shoppers and tourists alike. Prakash Sakti checks out the newest Nu Sentral and Encorp Strand Mall.

Malaysian retailer Mydin Mohamed Holdings plans to expand its supermarket business in the coming years. The retailer said it will add 25 new Mydin hypermarkets over the next four years.

Chinese phone maker Huawei has strengthened its foothold in Malaysia with the opening of its third flagship store in the country.

In Malaysia, 7-Eleven rolls out a new look and small neighbourhood retail stores have been given a facelift under a government-assisted modernisation programme. Prakash Sakti reports.

Malaysian retailers are keenly aware of the value of information technology. Prakash Sakti finds out how IT is used to boost the competitive advantage of Mydin and 7-Eleven.