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Tag: Malaysia

  • Kuala Lumpur’s Prime Residential Market Set for Exciting Growth Ahead

    Kuala Lumpur’s Prime Residential Market Set for Exciting Growth Ahead

    Two projects were completed and another two were launched in Q1.

    Prime Residential Sector on the Rise

    Kuala Lumpur’s prime residential sector is gearing up for significant expansion, buoyed by a post-pandemic recovery, supportive government initiatives aimed at bolstering homeownership, and innovative financing options like green home programmes. These factors are not just catching the eye of locals—they’re also enticing foreign investors eager to tap into a market poised for growth.

    A recent report by JLL underscores this promising outlook. “Ongoing infrastructure developments are expected to enhance the appeal of suburban areas and transit-oriented developments, while the city’s affordability compared to other Asian markets should continue to drive investment, despite global economic challenges,” the report revealed. It paints a picture of a landscape ripe with opportunity.

    Dynamic Growth Despite Market Concerns

    As Kuala Lumpur shakes off the remnants of the pandemic, its prime residential sector is seeing a remarkable resurgence, characterized by rising sales and property values. However, experts urge a tempered enthusiasm, noting that concerns about potential market overheating necessitate cautious optimism for the medium term.

    Newly launched and ongoing projects are witnessing robust interest, with take-up rates fluctuating between 30% to 50%. Soft-launch schemes have also experienced promising booking levels, highlighting a healthy appetite in the market that just might surprise those who thought buyers had soured on the idea of investing.

    New Developments Take Center Stage

    This quarter saw the completion of two substantial residential developments, Allevia and Sunway Belfield, which together contributed 1,624 units to the market. Simultaneously, two new projects, CloutHaus Residence and Hanaz Suites, have been introduced, adding 955 units to the mix. The infusion of these developments speaks volumes about the resilience and sustained interest in Kuala Lumpur’s real estate.

    Favorable Conditions for Investors

    The attractiveness of the prime residential market continues to hold firm, with stable rates and competitive pricing serving as a magnet for investors even amid global economic uncertainties. Bank Negara Malaysia has kept the Overnight Policy Rate steady at 3.00% since May 2023, fostering a conducive atmosphere for borrowing. This policy has made mortgages more accessible and affordable, further stimulating demand for property investment.

    Despite pervasive global inflationary pressures, Kuala Lumpur’s prime residential market remains appealing, characterized by property prices that are among the most affordable in Asia. This affordability continues to attract both local and foreign investors looking to navigate the choppy waters of today’s economic landscape.

    Questions & Answers

    What factors are driving growth in Kuala Lumpur’s residential sector?
    Post-pandemic recovery, government initiatives supporting homeownership, and innovative financing options, such as green home programmes, are key motivators behind the growth.

    How have the recent projects performed in the market?
    Newly launched and ongoing projects boast solid take-up rates ranging from 30% to 50%, indicating a healthy appetite among buyers.

    What makes Kuala Lumpur’s prime residential market appealing to investors?
    Stable pricing and competitive rates, in conjunction with accessibility to affordable mortgages thanks to a maintained Overnight Policy Rate, make Kuala Lumpur an attractive proposition for investors in comparison to other Asian markets.

  • Lidl Expands Supply Chain Strategy by Tapping into Vietnam and Malaysia Markets

    Lidl Expands Supply Chain Strategy by Tapping into Vietnam and Malaysia Markets

    In a strategic move to bolster its supply chains amidst global uncertainties, Lidl, one of Europe’s largest supermarket chains, is setting its sights on sourcing more products from Vietnam and Malaysia. This shift marks a significant step in the company’s ongoing efforts to diversify its supply chain and mitigate risks associated with reliance on traditional markets.

    Part of Germany’s influential Schwarz Group, Lidl’s expansion strategy includes an impressive milestone: the establishment of its Tailwind Shipping Lines in 2022. This venture was launched in the wake of the COVID-19 pandemic, designed to streamline logistics and enhance control over its supply chain operations, specifically from regions such as China, Bangladesh, and Sri Lanka to its European stores. In a surprising twist, Tailwind has quickly risen to become Germany’s second-largest shipping company, boasting a fleet of nine container ships.

    As Lidl navigates these turbulent waters of the global marketplace, its focus on Vietnam and Malaysia not only reflects a pragmatic response to supply chain vulnerabilities but also highlights the increasing importance of Southeast Asia in global retail sourcing. The company’s proactive strategy serves as a case study for others in the industry, showcasing how adaptability is crucial for thriving in an ever-evolving economic landscape.

    Questions & Answers

    What motivated Lidl to increase sourcing from Vietnam and Malaysia?
    Lidl aims to diversify its supply chains amid global uncertainties, minimizing reliance on traditional markets, especially after disruptions caused by the COVID-19 pandemic.

    What is Tailwind Shipping Lines, and why is it significant for Lidl?
    Tailwind Shipping Lines, launched by Lidl’s parent company Schwarz Group, allows for tighter control over logistics and has quickly become Germany’s second-largest shipping firm, enhancing the efficiency of getting goods to Lidl stores.

    How does Lidl’s strategy reflect broader trends in global retail?
    Lidl’s move underscores the growing importance of Southeast Asia for retail sourcing, highlighting the need for companies to adapt quickly to supply chain challenges in a rapidly changing economic environment.

  • Transforming the Cloud: How Data Centers Propel Adoption Across Indonesia and Malaysia

    Transforming the Cloud: How Data Centers Propel Adoption Across Indonesia and Malaysia

    As the digital landscape accelerates across Asia, data centers are emerging as the backbone of telecom cloud adoption. These facilities are not just brick-and-mortar structures; they act as critical nodes where telecommunications companies converge, interlinking with various cloud and IT providers to enhance service delivery.

    Cloud Demand Soars in Indonesia and Malaysia

    In Indonesia, the cloud market is poised for impressive growth, expected to swell from USD 2.44 billion in 2025 to USD 4.80 billion by 2030, achieving a compound annual growth rate (CAGR) of 14.52%. An intriguing twist? A staggering 52% of businesses report improved operational efficiency post-cloud adoption, prompting 73% of those yet to embrace cloud solutions to plan their leap within the next two years.

    Meanwhile, in Malaysia, public cloud revenue is set to rise to USD 2.82 billion by 2025, propelled by an anticipated CAGR of 30% through 2030. Malaysian enterprises have already transitioned 48% of their application portfolios to public cloud services, with plans to boost this figure to 64% by 2025.

    Malaysia’s MYDIGITAL strategy is further fueling demand for data centers, which currently operates at about 800 megawatts, a number forecasted to quadruple by 2030. Johor is swiftly evolving as a digital corridor, thanks to its affordable land, substantial space, and improved connectivity. Upcoming data center initiatives in Greater Kuala Lumpur are set to fortify the nation’s cloud capabilities, reinforcing essential infrastructure.

    In a notable development, the newly established “Malaysia West” cloud region will enhance core services such as Azure and Microsoft 365, heralding a significant leap in local cloud performance. This strategic expansion aligns perfectly with Malaysia’s aspirations to become a leading data hub in the region, while the Cloud-First Policy further catalyzes public sector cloud adoption.

    Strategically Placing Cloud Regions for Impact

    The need for low-latency and cloud-native infrastructure is on the rise, and data centers serve as the foundation for deploying virtualized network functions (VNFs), 5G cores, edge computing nodes, and AI-driven services. Currently, Indonesia is home to around 80 operational colocation facilities, predominantly gathered in Jakarta, the nation’s bustling capital. The market thrives on wholesale colocation, a solution well-suited to facilitate large-scale cloud and AI deployments.

    Key players in the field, such as DCI Indonesia, Telkom Indonesia, NTT DATA, and ST Telemedia Global Data Centres, have made substantial investments in data centers. Additionally, major global cloud providers like Amazon Web Services, Microsoft, and Google Cloud are expanding their presence in Jakarta, reinforcing the nation’s strategic significance in the cloud ecosystem.

    In a groundbreaking commitment, Microsoft has announced a USD 2.2 billion investment to create its inaugural cloud region in Malaysia by Q2 2025, which will include the construction of three hyperscale data centers in Greater Kuala Lumpur and Johor.

    This robust ecosystem is drawing in an influx of new digital infrastructure players, with Equinix, Google, and Bridge Data Centres rapidly establishing or growing their operations across Johor, Selangor, and Cyberjaya, which have emerged as pivotal data center hubs, thanks to their land availability and fiber access.

    How Data Centers Supercharge Telco Cloud Services

    The modern telecommunications landscape demands infrastructure that can pivot swiftly. Rather than sinking capital into physical assets with lengthy setup times, telcos can harness data center services for immediate virtual resource deployment.

    Within a data center environment, virtual routers, firewalls, and software-defined wide area network (SD-WAN) nodes can be operational in mere hours. Utilizing telco cloud points of presence (PoPs) allows on-demand services like SD-WAN and content delivery networks to thrive with ultra-low latency, enhancing performance across various regions.

    Data centers serve as vital interconnection hubs, facilitating smooth access to leading cloud service providers such as AWS and Azure. This connectivity enables telcos to integrate hybrid services, deploy AI-driven applications, and manage IoT initiatives efficiently.

    Interestingly, although Equinix’s Singapore campus is not located in Indonesia or Malaysia, it significantly supports both countries’ data infrastructure. With robust connections to 14 submarine cables and over 255 cloud service providers, it positions Southeast Asia for low-latency, high-performance services. Its Jakarta facility is optimized for high-density power and liquid cooling, particularly catering to machine learning workloads.

    Charting the Future of Cloud in Southeast Asia

    Fostering digital transformation, Indonesia and Malaysia are rapidly solidifying their reputations as powerhouses in the data center landscape. Their evolving infrastructures are not just keeping pace with increasing data volumes but are also vital for advanced cloud capabilities that can elevate digital economies across the region.

    The burgeoning investments underline a regional shift toward cloud-focused infrastructures that enhance connectivity, attract global interest, and transform the industrial landscape across Asia.

    Questions & Answers

    What is driving cloud growth in Indonesia and Malaysia?
    The expanding cloud markets in both countries are fueled by rising operational efficiencies among businesses that adopt cloud technologies, along with strong governmental initiatives like Malaysia’s MYDIGITAL strategy.

    How significant is Microsoft’s investment in Malaysia’s cloud infrastructure?
    Microsoft’s USD 2.2 billion investment is a game-changer, as it will establish the company’s first cloud region in Malaysia, constructing three hyperscale data centers that will bolster local cloud services.

    Why are colocation facilities preferred in Indonesia?
    Wholesale colocation facilities are favored for their scalability, enabling support for large-scale cloud and AI deployments, which are essential in modern telecommunications.

  • Malaysia’s Private Sector Loans Surge 5.4% in May, Boosting Economic Confidence

    Malaysia’s Private Sector Loans Surge 5.4% in May, Boosting Economic Confidence

    Asia’s retail landscape is brimming with innovation, and nowhere is this more evident than in the rise of omnichannel strategies among major players. As consumers in the region demand seamless shopping experiences that integrate both online and physical interactions, retailers are stepping up to meet these expectations with creativity and precision.

    Transforming Customer Experience

    Leading the charge is JD.com, which is redefining the shopping experience through cutting-edge technology. In a recent initiative, the e-commerce giant has begun experimenting with augmented reality (AR), allowing customers to visualize products in their own space before making a purchase. This playful and immersive approach not only enhances engagement but also boosts buyer confidence—a win-win in today’s competitive market.

    Revamping Traditional Outlets

    Meanwhile, traditional retailers aren’t sitting on the sidelines. With the pandemic having propelled a shift towards digital shopping, brands like 7-Eleven are redesigning their brick-and-mortar stores to cater to a hybrid shopping model. These new outlets emphasize convenience, featuring smart kiosks and dedicated pickup areas for online orders, making the in-store experience just as appealing as e-commerce. It’s not just a store; it’s an experience!

    Personalization at the Forefront

    In a world awash with choices, personalization has emerged as a powerful driver of customer loyalty. Retailers like Sephora have leaned into this trend by harnessing data analytics to offer tailored product recommendations. This level of customization not only enhances the shopping experience but also cultivates a connection between the customer and the brand, ensuring that shoppers feel seen and valued.

    Innovative Strategies in Payment Solutions

    Asia’s retail sector is also witnessing a revolution in payment solutions. The proliferation of mobile wallets, particularly in markets like China and Southeast Asia, is reshaping the way transactions are conducted. Companies such as Alibaba and Grab are leading the charge, enabling seamless transactions that often bypass traditional banking systems altogether. It’s as if cash is making a quiet exit, and digital currencies are gleefully taking center stage.

    Looking Ahead: Sustainability Matters

    As the spotlight on sustainability grows ever brighter, retailers are taking action. Brands are investing in eco-friendly practices and products to appeal to a more environmentally conscious consumer base. The challenge lies not only in meeting these expectations but also in communicating their sustainability efforts effectively. Retailers that navigate this tricky terrain will likely lead the pack in the years to come, as consumers increasingly prioritize ethics in their purchasing decisions.

    Questions & Answers

    How is JD.com using technology to enhance customer experience?
    JD.com is integrating augmented reality into its shopping platform, allowing customers to visualize products in their own environments before purchasing, thereby boosting engagement and buyer confidence.

    What changes are traditional retailers making to adapt to the rise of e-commerce?
    Traditional retailers like 7-Eleven are redesigning their stores to support hybrid shopping models, featuring smart kiosks and dedicated pickup areas for online orders to enhance convenience for customers.

    Why is personalization important in retail today?
    Personalization is crucial as it helps forge a deeper connection between the customer and the brand. Retailers like Sephora leverage data analytics to provide tailored product recommendations, enhancing customer loyalty.

  • Malaysia Expands Durian Horizons: Introducing Premium Varieties Beyond the Beloved Musang King

    Malaysia Expands Durian Horizons: Introducing Premium Varieties Beyond the Beloved Musang King

    In a bid to elevate its status on the global stage, Malaysia is setting its sights on spotlighting premium durian cultivars, including the Black Thorn, Red Prawn, and Hajah Hasmah. According to Datuk Nor Sam Alwi, director-general of the country’s Department of Agriculture, these lesser-known varieties are undergoing evaluations for future certification and export readiness, focusing on their flavor profile, texture, shelf life, and suitability for long-distance shipping.

    China, the top consumer of durians globally, is particularly interested in these exclusive variants, with consumers willing to pay a premium for quality. To facilitate this ambitious plan, the Department of Agriculture is diligently working to register more local cultivars and perform vital agronomic assessments.

    On top of this, the department is ramping up efforts to ensure Malaysian farms meet the stringent import standards of their international buyers. This includes compliance with pest control measures, robust traceability systems, and comprehensive export certification schemes.

    Abdul Rashid Bahri, director-general of the Federal Agricultural Marketing Authority, pointed out that other elite varieties like IOI and D9 are also undergoing assessments to ensure they comply with the phytosanitary and quality standards expected by export markets, particularly China. Moreover, the agency is actively looking to expand durian exports to new territories, including the U.K., Canada, the UAE, Australia, and the Netherlands.

    The durian, often hailed as the “king of fruits,” garners a staggering array of commercially available cultivars—over 200 registered varieties in Malaysia alone. Musang King, long celebrated as the nation’s prized export, remains fiercely protected under Malaysian intellectual property laws, recently renewed for another decade.

    Yet, the landscape is shifting with the emergence of newer varieties like the pricey Tupai King, which have shaken up the traditional dominance of Musang King. Beyond these rising stars lies an even broader kaleidoscope of lesser-known durians, such as Hor Lor, Mas Hijau (Green Gold), and the D24 (Sultan).

    Consumer appetite for diverse flavors is surging, with many seeking out regional and distinctive kampung durians. The Malaysian Agricultural Research and Development Institute (MARDI) is capitalizing on this trend by developing new hybrid varieties that cater to both local tastes and international markets. A standout in this effort is the MDUR 88, a cross between D10 and D24, boasting a golden yellow hue and a creamy texture that draws favorable comparisons to Musang King.

    Promoted for export under the catchy moniker “MARDI Super 88,” this hybrid is seen as a potential game-changer. “Our hybrids, especially MDUR 88, possess the quality needed to compete internationally,” said MARDI representatives.

    In recent years, Malaysia’s durian production has surged, with expectations to reach nearly 570,000 tons this year, up from 390,635 tons in 2020. Currently, the nation has around 92,000 hectares devoted to the fruit, a significant increase from 70,000 in 2019.

    As the industry continues to expand, 2023 marks a pivotal year with Malaysia exporting 54,374 tons of durians worth RM1.51 billion (US$357 million), with China accounting for nearly half of this export volume. A notable milestone involved securing permission from Beijing to export fresh durians, a leap from the previous limitations of frozen shipments.

    Tan Sue Yee, CEO of Malaysian exporter Top Fruits, emphasizes the company’s shifting focus toward more premium varieties like D198, Golden Phoenix, and IOI. “Finding the right variety and the correct quantity is crucial for our export goals,” he stated, highlighting the balance between quality and demand.

    Adviser Lim Chin Khee from the Durian Academy applauds Malaysia’s pivot toward premium markets, asserting that the country is strategically leveraging its strengths. “Targeting high-end durians is the ideal path forward for us,” he remarked. “Indeed, charging more for superior quality is a wise move.”

    Questions & Answers

    What premium durian varieties is Malaysia focusing on for export?
    Malaysia is highlighting lesser-known cultivars such as Black Thorn, Red Prawn, and Hajah Hasmah, which are being evaluated for their export potential.

    How has durian production changed in Malaysia in recent years?
    Durian production in Malaysia is expected to rise to nearly 570,000 tons this year, up from 390,635 tons in 2020, reflecting a growing industry.

    What new market opportunities are being explored for Malaysian durians?
    Malaysia is looking to expand its durian exports to new markets such as the U.K., Canada, the UAE, Australia, and the Netherlands, in addition to strengthening its ties with existing markets.

  • Malaysia’s Digital Banks Struggle with Slower Loan Growth Amid Rising Costs

    Malaysia’s Digital Banks Struggle with Slower Loan Growth Amid Rising Costs

    Malaysia’s digital banking landscape is shifting, as the nation’s new players in the sector are reassessing their approaches to deposit gathering amidst challenges in lending growth, which has turned out to be more costly and sluggish than initially projected, according to a recent report from UOB Kay Hian (UOBKH).

    Digital Banks Adjust Strategies Amid Slower Growth

    As of now, three of the five licensed digital banks in the country—GXBank, Boost Bank, and AEON Bank—are operational, while Ryt Bank and KAF Digital Bank are still in the pilot phase. The slow scaling of lending activities has been a significant hurdle for these digital lenders. Their target market consists largely of underserved and unbanked Malaysians, who present unique operational and credit risks.

    UOBKH analyst Keith Wee Teck Keong highlighted the complications: “Many in this segment may lack the digital literacy to engage fully with app-based platforms, while their credit profiles may raise asset quality concerns,” he stated in a report dated June 24, 2025.

    The Ripple Effect on Deposits

    In light of these lending challenges, digital banks are likely to pull back on their deposit-gathering efforts. Wee pointed out that taking an overly aggressive stance in collecting deposits without a corresponding growth in lending could lead to negative carry. This scenario would see expensive deposits funneled into low-yielding money market instruments, squeezing profit margins.

    For conventional banks, this situation may present a silver lining, as the reduction in deposit competition could ease pressure within the broader banking ecosystem. Currently, none of the digital banks have reached profitability, and Wee notes that those that have begun operations estimate it could take over three years on average to reach breakeven.

    The Leaders of the New Wave

    Among the newcomers, GXBank Bhd stands out, boasting both the highest assets and customer deposits. As of September 2024, the bank reported total assets of MYR2.4 billion and deposits totaling MYR2.2 billion. EAON Bank trails with MYR711 million in assets and MYR339 million in deposits reported in November 2024, while Boost Bank has MYR819 million in assets and MYR573 million in deposits as of March 2025.

    Although these figures are promising, Wee cautions that the combined asset base of these three operational digital banks remains modest, representing less than 1% of Malaysia’s total banking sector assets, which were pegged at RM3.7 trillion as of late April 2025.

    Even under the regulatory cap of MYR3 billion per digital bank for their first 3-5 years, the cumulative MYR15 billion ceiling reflects just 0.4% of the industry’s total assets, leaving plenty of room for growth and opportunity for these nascent financial institutions.

    Questions & Answers

    What challenges are Malaysian digital banks facing?
    Digital banks in Malaysia are encountering significant hurdles in scaling their lending activities due to targeting underserved segments that often lack digital literacy and have questionable credit profiles.

    How have digital banks responded to lending growth challenges?
    In response to the costlier and slower growth in lending, digital banks are expected to temper their deposit-gathering strategies to avoid negative carry and maintain healthier profit margins.

    Which digital bank currently leads the market in assets and deposits?
    GXBank Bhd leads among operational digital banks in Malaysia, with total assets of MYR2.4 billion and deposits of MYR2.2 billion as of September 2024, showcasing a considerable market presence.

  • Malaysia Sets Sights on Foreign Films to Boost Employment and Attract Tourists

    Malaysia Sets Sights on Foreign Films to Boost Employment and Attract Tourists

    The exciting new TV series “Lord of the Flies,” produced by Sony Pictures and the BBC, marks another high-profile project under the Film in Malaysia Incentive, as shared by Datuk Azmir Saifuddin Mutalib, the CEO of the National Film Development Corporation. Filming took place in picturesque Langkawi, Kedah, late last year, according to reports from the state-owned media outlet Bernama.

    This production attracted over 30 young actors from abroad, alongside their parents and tutors, necessitating the rental of a major hotel in Langkawi for nearly five months. “In accordance with Fimi’s requirements, a substantial number of local crew members were also employed,” Azmir noted.

    Strengthening Local Talent

    The National Film Development Corporation is proactively addressing the increasing demand for local talent. By providing film production training to those in the tourism sector, the goal is to boost the local crew quota for foreign projects from 30% to 40% next year. “This initiative will not only create more job opportunities for Malaysians but will also fast-track skills development, exposing local talent to international production standards,” Azmir elaborated.

    Since its inception in 2013, the Film in Malaysia Incentive has approved a total of 128 projects—76 local and 52 international—with post-production subsidies surpassing MYR419 million (around US$100 million) and direct investments hitting MYR2.71 billion. Notably, Michael Bay’s Netflix action thriller “6 Underground” was the first to receive the 30% subsidy for visual effects, incorporating around 90 shots from a Malaysian-based company, as highlighted by Screen Daily.

    Emphasizing Competitive Edge

    Despite the intense competition from regional players like Singapore, Thailand, Indonesia, and the Philippines, Azmir remains confident in Malaysia’s unique advantages, including a skilled English-speaking workforce, economic stability, and an efficient permit approval process. “Malaysia offers attractive locations, cost-efficiency, and a production-friendly environment. We are building a comprehensive ecosystem—from talent training and modern tech utilization to post-production,” he stated.

    As part of a strategic initiative, there are plans to collaborate with Tourism Malaysia to use film as a means of marketing the country to potential tourists. “This partnership will not only promote Malaysia as a filming destination but also showcase our tourism offerings to global audiences through films shot here,” Azmir added.

    In an exciting recent development, Malaysia’s Skop Productions has joined hands with Hong Kong’s Mandarin Motion Pictures, renowned for the esteemed “Ip Man” franchise, signing a Memorandum of Understanding to strengthen their filmmaking collaboration. Azmir expressed that this partnership aims to expand markets, foster technology and skills transfer, and further enhance Malaysia’s reputation as a world-class filming location.

    With the waves of creativity rolling in, it seems Malaysia is not just aiming for the silver screen, but is set to shine brightly on it!

    Questions & Answers

    What is the main goal of the Film in Malaysia Incentive?
    The primary aim of the Film in Malaysia Incentive is to boost local talent and attract international productions, creating job opportunities and enhancing skill development within the film industry.

    How does the initiative plan to market Malaysia as a filming destination?
    By partnering with Tourism Malaysia, the initiative intends to showcase the country’s filming locations and tourism offerings through movies shot in Malaysia, thus attracting more tourists.

    What recent partnerships have been formed in the Malaysian film industry?
    Recently, Skop Productions from Malaysia and Hong Kong’s Mandarin Motion Pictures signed an MOU to strengthen their collaboration in filmmaking, enhancing Malaysia’s brand as a premier destination for film production.

  • Singapore Durian Prices to Fall 30% as Malaysia Celebrates Peak Harvest Season!

    Singapore Durian Prices to Fall 30% as Malaysia Celebrates Peak Harvest Season!

    Durian enthusiasts are buzzing with excitement as the season unfolds, although the peak harvest is a tad late this year. Sam Ho, owner of Uncle Sam Durian at Clementi Market & Food Centre, anticipates a prime durian bonanza starting in July, which is expected to lead to a drop in prices. “Right now, we’re at the beginning of the season, and because the harvest is small, prices will be a bit higher,” he commented in a recent interview.

    Ho sells fruits sourced from his own farm in Malaysia’s Pahang state, renowned for its Musang King durians. He predicted that this year’s supply is gearing up to outshine last year’s figures, even if the best bounty arrives a bit later than expected.

    Durians on the Move

    Singapore imports around 85% of its durians from Malaysia, with daily shipments during peak season sometimes exceeding 100,000 kilograms, as highlighted by Bloomberg. However, this season’s start has faced delays due to heavy rainfall affecting the blooming process earlier in the year.

    “Typically, the season kicks off in late April, but we are only just beginning to see the initial batches of durians,” stated Eric Yeap, a durian grower managing seven orchards across 53.4 hectares in Penang, in an early May interview.

    Despite the slow start, the recent hot and dry weather in Pahang has been favorable for durian blossoms, according to reports. Alvin Yap, president of the Pahang Fruit Farmers’ Association, is optimistic about a fruitful July and August ahead.

    With three waves of harvest expected, Pahang should deliver a wealth of durians come next month, particularly the beloved Musang King variety. However, Austin Quak of Rolling Durian warns that while prices may trend downwards, unpredictable weather could still impact the harvest outlook.

    Sweet Promotions for Durian Lovers

    As the peak season draws near, several businesses are rolling out promotions to delight durian fans in Singapore. FairPrice, the largest supermarket chain in the city, recently launched a limited-time offer featuring kampung durians at just S$1.95 (US$1.52) each, available from June 13 to 15 and June 20 to 22.

    In addition to these supermarket deals, The Bay Restaurant at Resorts World Sentosa is set to unveil a premium durian buffet on July 11, inviting enthusiasts to indulge in an all-you-can-eat experience for S$268 per person.

    For those willing to venture across the border, a durian carnival at Sunway Big Box Retail Park in Johor Bahru promises a delightful buffet sourced from one of Johor’s largest orchards, priced at RM98 (US$23) per person. It’s a perfect excuse to savor the famed fruit while enjoying a festive atmosphere!

    Questions & Answers

    What is causing the late start to the durian season this year?
    Heavy rainfall earlier in the year disrupted the blooming process, pushing back the typical start time of the season.

    When can we expect the peak harvest of durians?
    The peak harvest is anticipated in July and August, with abundant supplies particularly of the Musang King variety.

    Are there any exciting durian promotions happening in Singapore?
    Yes! FairPrice offers kampung durians for S$1.95 each, and The Bay Restaurant is launching a premium durian buffet for S$268 per person starting July 11.

  • Unlocking Opportunities: Countries Welcoming Vietnamese Graduates for Work Experience Abroad

    Unlocking Opportunities: Countries Welcoming Vietnamese Graduates for Work Experience Abroad

    Across the globe, countries recognize the importance of attracting international talent, especially in sectors like science and technology. While many offer opportunities for post-graduate work permits, specific requirements often loom—those related to age or the institution from which applicants graduated.

    Asian Countries Leading the Charge

    In a strategic move to enhance its appeal, Malaysia’s Education Malaysia Global Services recently included Vietnam and several Southeast Asian nations in the Graduate Pass program, which allows a one-year stay for graduates. Unveiled in late 2023, this initiative is a cornerstone of Malaysia’s visa liberalization plan aimed at drawing in tourists and savvy international students alike.

    Thailand is not one to be outdone; the country launched the Non-ED Plus visa in late 2024. This exciting new addition permits international students at the bachelor’s level or higher to linger for an extra year post-graduation to hunt for work, according to the Office of the Prime Minister.

    Singapore offers a more flexible approach. Here, students can apply for either a work holiday pass or an internship work permit through the Ministry of Manpower, allowing them to extend their stay for six months.

    Meanwhile, in South Korea, the Ministry of Justice has hatched fresh policies to reel in talent. As of late 2024, the duration of the job-seeking visa (D-10-1) has been expanded by an additional year, meaning many can now stay for up to three years. Students can also enjoy an extended internship period of up to one year — a real boon for those eager to get their feet wet!

    However, aspiring job seekers in popular study hotspots like China and Japan may find the waters murkier. As reported by Thanh Nien newspaper, Japan’s policies are restrictive. Graduates without a job offer must switch to another visa category, securing a maximum stay of 12 months and a recommendation from their institution to continue the job hunt.

    The United States Offers Hope

    In the U.S., the Optional Practical Training program comes as a lifeline, allowing students to work for one year in jobs directly related to their field of study. For STEM graduates, this can be extended by two additional years, offering a taste of American work culture.

    International students with an F-1 visa can apply for this program up to a year before graduation. However, navigating the process can be tricky, as employers must file the necessary paperwork for the visa, which could prove challenging for those lacking strong professional networks.

    Australia and New Zealand: Expanding Horizons

    In Australia, the ground is fertile for Vietnamese students wishing to work post-graduation. With two streams available—post-vocational education work and post-higher education work—students can stay and work for 18 months to three years. But be aware: tightening regulations mean that doctoral graduates have to settle for a three-year limit, while applied master’s graduates can stay for two years.

    Over in New Zealand, students have the golden opportunity to apply for a Post-Study Work visa, which lets them work for up to three years after their studies.

    The United Kingdom and Europe: The Quest for Opportunity

    British students from Vietnam are eyeing the Graduate Route visa, permitting a stay of two to three years post-graduation. However, brace yourselves! The U.K. government has proposed knocking this down to 18 months, pending parliamentary approval—a potential twist in the tale.

    In Germany, students can extend their residence permits for up to 18 months following graduation, supported by an open job policy. German universities encourage graduates to explore various employment opportunities, regardless of whether they align with their field of study.

    Last but not least, in Canada, Vietnamese graduates are eligible for a Post-Graduation Work Permit of up to three years, with specific conditions for vocational program graduates that require them to secure roles in one of the 989 long-term in-demand occupations. New regulations now also require proof of English or French proficiency, adding another layer to the application process.

    With such diverse approaches to post-graduate work permits, the global landscape for international students remains vibrant and full of possibilities—for those willing to navigate the complexities. After all, who knows what adventures await just around the corner?

    Questions & Answers

    What is the Graduate Pass program in Malaysia?
    The Graduate Pass program allows international students, including those from Vietnam, to stay in Malaysia for up to one year post-graduation, aimed at enhancing the country’s appeal to global talent.

    How does the U.S. Optional Practical Training work for international students?
    The Optional Practical Training program permits international students on F-1 visas to work for one year in their field of study, with potential extensions for STEM graduates, allowing for a total of three years of work.

    What are the post-graduation work opportunities like in Australia for Vietnamese students?
    Australian Vietnamese graduates can choose from two streams of post-graduation work visas, which range from 18 months to three years, although stricter regulations have recently been introduced.

  • Strong demand in Brunei for Muslimah fashion

    Strong demand in Brunei for Muslimah fashion

    Malaysian designers and retailers of Muslimah fashion brands have found a strong demand in Brunei following exhibitions in the sultanate.

    One of the owners of Malaysian Muslim fashion outlet Busana Saizara, Ani Aizara, says she found Brunei “a very good place to do business” when she attended this year’s Brunei International Trade and Consumer Exhibition (BITC) for the first time. She followed up by taking part in the Brunei Islamic Fashion Exhibition (Bifex) last month.

    Aizara says her sales were so overwhelmingly positive during Bifex she had to ship more items over to replenish her stock, and her company is now in discussions with online store Dee Collections, which is interested in carrying the brand in Brunei.

    “We will hopefully be signing an MOU very soon,” says Aizara.

    Another Malaysian fashion store, House of Doll, also received encouraging sales at Bifex, reports The Brunei Times. The company launched its Hijab body mists and doll scarves during the expo before launching them in Kuala Lumpur.

    A company spokesman says it has already found a reseller for its new products and will be looking for more Brunei distributors before the end of the year.

    Sakura Malaysia brand director Suraya Sharifuddin says her brand has a strong following in Brunei through online shopping portal Fashion Valet. She says her company’s fragrances are in high demand in Brunei and sold “like hotcakes” at the Kuala Lumpur International Hijab Fair (KLIHF) in Brunei early this year.

    “We usually hold sales for our products in Kuala Lumpur during Ramadhan, but then we decided to hold the sales exclusively at Bifex because of the overwhelming reception in Brunei,” says Sharifuddin.

    Sakura has teamed up with Brunei fashion boutique Melur for distribution, and Sharifuddin says the brand hopes to launch its own clothing line in Brunei.

  • BNI to expand in Malaysia by first half of 2017

    BNI to expand in Malaysia by first half of 2017

    PT Bank Negara Indonesia (BNI) has submitted an expansion proposal to the Indonesian and Malaysian regulators to establish a network branch in Malaysia. The target is to have the branch working by the first half of 2017.

    Chairman of PT BNI Achmad Baiquini said in Jakarta on Thursday that the Financial Services Authorities (OJK) signed a reciprocal bilateral agreement with the Malaysian Central Bank in August.

    Since then, the bank began putting together documentation to execute an expansion in Malaysia.

    “We should be able to establish a network there within the first semester of 2017,” he added.

    Once the bank explores the sector, he noted, it will delve into the remittances business, which will allow Indonesian laborers in Malaysia to send money to their families back home.

    The bank is also looking at trade financing in Malaysia.

    Remittances, he observed, will also act as a good start to initiate a digital banking business in Malaysia.

    In the future, the banking services would shift solely to digital platforms in Malaysia.

    As for capital funds prepared by the bank, Baiquini was reluctant to reveal the details.

    “We will surely follow the agreement signed by the Authority and Malaysia, and will follow all their guidelines,” he remarked.

    Indonesia and Malaysia had signed a bilateral partnership agreement on August 1 as part of the ASEAN Banking Integrated Framework.

    As part of such cooperation, which emphasizes the principle of reciprocity, Indonesias bank will receive a cost reduction incentive for network expansion in Malaysia, including admission fee and payment system fee.

    The Financial Services Authoritys Deputy Supervisor, Mulya Siregar, pointed out that the admission fee for Indonesia has been reduced from 10.4 million Ringgits to 5.2 million Ringgits.

    “Costs regarding payment systems, including Automatic Cash Machines, also went down from 4 Ringgit to 1 to 2 ringgit per transaction,” informed Siregar.

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  • Tesco Malaysia partners with HappyFresh

    Tesco Malaysia partners with HappyFresh

    Tesco Malaysia has partnered with online grocery platform HappyFresh to expand its capacity and capability to fulfill online orders.

    Shoppers are offered more than 12,000 products, including the grocery group’s private labels, while fresh produce is selected by HappyFresh’s concierge shoppers in Tesco Malaysia hypermarkets.

    All products sold via HappyFresh are offered at the same price as the products in store, including discounted items. Shoppers will receive their delivery within one hour after placing their order, or during a one-hour time slot they specify.

    Tesco Malaysia tapped into online shopping about three years ago with its home-delivery services, discovering a gap in the market where time-pressed online shoppers want to receive their goods at a specified time.

    Following a six-month trial with HappyFresh and five Tesco hypermarkets, fulfilling orders from 2500 HappyFresh users, the retailer is rolling out the service in Klang Valley.

    “Most consumers today do not have the time to drive out to a store and buy their groceries weekly,” says Tesco Malaysia CEO Paul Ritchie. “The internet lets them do all of that with a click of a button.

    “By expanding our multi-channel reach through HappyFresh, we continue to serve our customers’ online and on-demand shopping experience by making it even more seamless.”

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  • Malaysia Airlines offers up to 30% savings in mid-year marvels sale

    Malaysia Airlines offers up to 30% savings in mid-year marvels sale

    Malaysia Airlines (MAS) is offering customers up to 30% savings on both international and domestic routes starting from Tuesday until May 15, 2017 under its “Mid-Year Marvels” promotion.

    The national carrier said on Monday  the offers were up for grabs on all Malaysia Airlines’ distribution channels for travel from May 19 to Oct 31, 2017 on business and economy class on all international destinations.

    MAS said all-inclusive return fares on economy class from KL International Airport starts from RM 1,469 to Sydney, from RM 1,379 to Narita and from RM 1,079 to Beijing.

    The airline is also offering all-in, one-way promotions from RM99 to all domestic destinations, during selected periods throughout the year.

    The economy class fares come with no hidden charges or credit card fees for online ticket purchases and includes a generous baggage allowance of 30kg and complimentary meals.

    MAS added the Mid-Year promotion includes business class fares, starting from RM999 to Denpasar, from RM2,799 to Xiamen and from RM11,399 to London. As for domestic routes, such as Kota Kinabalu and Labuan, the fares are from RM 839 and RM1, 455 respectively. The promotion on business class to domestic destinations is valid for travel from May 11 to July 31, 2017.

    Its chief commercial officer, Arved Nikolaus von zur Muehlen said the fantastic deals start from as low as RM 99 all-in, one way on all its domestic routes.

    He said customers could also choose a business class trip to Denpasar, Bali from only RM999 all-in, return.

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  • DHL supply chain sharpens growth focus on Singapore, Malaysia and the Philippines

    DHL supply chain sharpens growth focus on Singapore, Malaysia and the Philippines

    DHL Supply Chain, the global market leader for contract logistics solutions, has named Jerome Gillet as CEO of the new Singapore cluster which includes Singapore, Malaysia , and the Philippines . In this role, Jerome will continue to report to Terry Ryan, CEO, DHL Supply Chain Asia Pacific, while remaining as a member of the regional board.

    The appointment will bring synergy for the three markets and drive new growth for the region. The DHL Supply Chain businesses locally continue to be led by the respective country heads – Jason Goh, managing director, DHL Supply Chain Singapore; Mike Davies, managing director, DHL Supply Chain Malaysia; and Suzie Mitchell, managing director, DHL Supply Chain Philippines — who now report to Jerome.

    “We see tremendous opportunity in Singapore, Malaysia and the Philippines to grow our business with even more focus on greater service quality in the markets. Jerome has repeatedly demonstrated his commitment to customer needs, and, in a changing economic climate, he is well placed to help customers deliver greater value from their supply chains,” said Terry Ryan , CEO, DHL Supply Chain Asia Pacific. “An innovator and strategic leader, Jerome is well suited to lead the next stage of growth transformation in our Singapore cluster. With his track record of delivering accelerated growth and building strong customer relationships, I am confident he will drive this new cluster in achieving high and sustainable growth.”

    “I am looking forward to accelerating growth in the newly formed cluster with a strong focus on Quality, Innovation and Customer centricity,” said Jerome Gillet , CEO, Singapore cluster, DHL Supply Chain.

    Jerome’s career in logistics spans over 20 years (the last 17 years in Asia Pacific ) and includes roles in general management, operations and business development. His last appointment as chief customer officer (CCO) of DHL Supply Chain Asia Pacific saw him turn Asia Pacific into the fastest-growing region worldwide within DHL Supply Chain. The tremendous growth was driven by his business development efforts in key sectors such as consumer & retail, technology and life sciences. Prior to his role as the CCO, Jerome was the vice president of consumer sector for Asia Pacific , and increased annual new business gains by over 200 percent between 2008 and 2014.

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  • MyIX to finalise deal with Netflix next month

    MyIX to finalise deal with Netflix next month

    The Malaysia Internet Exchange (MyIX) will finalise its deal with America’s popular online entertainment company, Netflix, to provide its video and movie content in Malaysia by end-August, says chairman Chiew Kok Hin.

    The non-profit MyIX is the first neutral Internet Exchange where local Internet Service Providers (ISPs) and content providers connect to exchange Internet traffic.

    He said with the deal entered into with the entertainment company, neighbouring countries such as Indonesia could also obtain the content from Malaysia at a nominal fee, hence paving the way for the country to become a content hub in future.

    “We hope with the sealed deal, we can attract other international players to come to Malaysia in the future as we are working to position the country as a regional Internet exchange gateway,” he said.

    Netflix is a popular online American entertainment company that provides a range of videos and movies and is also the world’s ninth-largest Internet company by revenue (US$8.83bil).

    Chiew added that with the country being positioned as an Internet exchange gateway, it would attract South-East Asian countries such as Indonesia, Thailand, Vietnam and Cambodia to make Malaysia their content hub.

    “It will bring the content nearer to us, and neighbouring countries will not only save cost but also improve on content quality,” he said.

    Since MyIX’s inception in 2006, it has closed deals with various parties including Alibaba and Yahoo.

    Chiew also said the cost to bring the content had dropped over the years, allowing telecommunication companies (telcos) to reduce their pricing and offer more data and bandwith to their clients.

    “With this in effect (cost reduction), the pricing set by telcos is being monitored by the Malaysian Communications and Multimedia Commission to ensure it is fairly set,” he said.

    As for the Internet speed in the country, Chiew, who is also AIMS Data Centre Sdn Bhd chief executive officer, said overall, the speed offered to Malaysian Internet users was satisfactory.

    However, there still remained certain areas in the country that did not have receive good Internet coverage.

    “Telcos have taken steps to widen their connectivity but it is acknowledged that there are still obstacles in providing fast Internet speed nationwide,” he said.

    The 3rd Generation Partnership Project (3GPP) early this year mentioned at an international conference that the accelerated 5 Generation (5G) schedule, which would enable 3GPP-based large-scale trials and deployments as early as 2019, would be commercialised worldwide by 2020.

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