The Islamic finance sector is currently growing at a rate of 15 percent to 25 percent per year with Islamic financial institutions managing assets worth over USD 2.2 trillion globally. According to gl…
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Your one-stop source for retail intelligence in Asia
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Your one-stop source for retail intelligence in Asia
MINISO opens first flagship store in Malaysia
On 17th June, lifestyle retailer MINISO introduced a brand-new store format through the launch of its first flagship store in Selangor, Malaysia. The 684.6 square metre retail space is located in Seti…
Uneven recovery across South-East Asia in post-COVID time
The economic recovery path chartered across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region. Despite that, average growth of abo…
Sunway Pyramid launches new retail and dining zone The Link
Sunway Pyramid in Selangor, Malaysia has launched a new 80,000 square feet retail and dining zone, The Link, located between Sunway Pyramid and the newly refurbished Sunway Pyramid Hotel & Sunway…
Malaysia skincare market to grow 4 percent
The Malaysian skincare market is expected to grow from MYR 2 billion (USD 485.1 million) in 2021 to MYR 2.5 billion by 2026 at a compound annual growth rate (CAGR) of 4.1 percent during 2021–2026, acc…
The Chamber launches in The Starhill in Malaysia
The Chamber has opened its first flagship connoisseur’s store at The Starhill, which features the country’s largest collection of labels, as well as Malaysia’s first Hennessy Hands workshop, which inc…
The volume index of wholesale & retail trade grows 3.9 percent in Q1 in Malaysia
Department of statistics Malaysia revealed the volume index of wholesale & retail trade recorded a year-on-year growth of 3.9 percent to reach 134.7 points in Q1 2022. The sub-sectors of motor ve…
Malaysia Grand Bazaar opens in Kuala Lumpur as country’s debut artisanal mall
Malaysia has welcomed the opening of its capital city’s first-ever artisanal mall, making its debut in Bukit Bintang, locale of Kuala Lumpur.…
Subway Malaysia announces Master Franchise Agreement with Pegacorn Sdn Bhd
On 10th May, Subway announced a new master franchise agreement with Pegacorn Sdn Bhd to significantly expand the brand’s footprint in West Malaysia. This partnership is the third of its kind for Subwa…
GMG acquires Nike stores in Singapore and Malaysia from SUTL
GMG has acquired Nike-only stores in Singapore and Malaysia from the sports retailing arm of SUTL Corporation, a distribution company for consumer and lifestyle products representing global brands in …