Tag: Malaysia

  • AirAsia’s Shenzhen-Langkawi route starts Aug 9

    AirAsia’s Shenzhen-Langkawi route starts Aug 9

    AirAsia is expanding its connectivity by introducing direct flights from Shenzhen, China, to Langkawi starting Aug 9. Chief executive officer Aireen Omar said the concept of low-cost airline was introduced in Shenzhen with the aim of enabling more people to fly.

    “Now people in the Guangdong province are well-connected to the world through our extensive flight network of over 120 destinations in Asia, Australia, New Zealand and the United States,” she said in a statement.

    Since its inaugural flight in 2007, the airline has flown 4.3 million guests in and out of Shenzhen, bringing in high local and international passenger traffic into the city.

    Celebrating its tenth anniversary flying into Shenzhen, China, AirAsia was now offering 35 weekly flights from Shenzhen to South-East Asia.

    The average load factor for this year for the three routes from Shenzhen recorded a performance of over 85%, placing AirAsia as the leading foreign airline, in terms of flight frequency and passengers flown into Shenzhen.

    To celebrate the occasion, AirAsia is offering all-in fares as low as RM256 from Kuala Lumpur to Shenzhen and RM257 from Kota Kinabalu to Shenzhen.

  • Bank Mandiri to expand in Malaysia as first ‘ASEAN bank’

    Bank Mandiri to expand in Malaysia as first ‘ASEAN bank’

    Bank Mandiri will expand operations in Malaysia by using its newly awarded status as a cross-regional lender, Indonesia’s largest state-owned bank said Thursday.

    Mandiri said it is the first bank in the region to be designated a qualified ASEAN bank — a concept developed by Association of Southeast Asian Nations members as part of an effort to create an open, integrated financial market providing services to companies investing and trading in the region.

    To obtain QAB status, banks must meet certain conditions, such as in capital adequacy, and pass screening under bilateral agreements between monetary authorities. Indonesia and Malaysia agreed in 2016 to grant QAB status to three banks from each other’s countries.

    Such Malaysian banks as CIMB Group Holdings and Malayan Banking already have major operations in Indonesia, while Indonesian banks have been seeking opportunities to grow outside the home market. “We highly appreciate the Malaysian banking authorities that support the presence of banks from Indonesia,” said Muliaman Hadad, chairman of Indonesia’s Financial Services Authority. “Indonesia has also treated Malaysian banks as their own. This is a step forward that can strengthen relations between Indonesia and Malaysia.”

    Malaysia will become the first overseas market for Mandiri to operate a full-fledged banking business in, the lender said. It plans to invest 300 million ringgit ($70 million) to upgrade a remittance office in Kuala Lumpur to a full branch and roll out wholesale and retail banking services.

    Mandiri is also exploring expansion into Myanmar and the Philippines, it said in a news release.

  • e-retail brands out of the social media loop in SE Asia

    e-retail brands out of the social media loop in SE Asia

    Over 85% of consumers in Singapore, Malaysia and Indonesia, who mention e-retailer brand names in their social media posts don’t tag brand handles, according to Digimind.

    This means brands need to be vigilant in monitoring their brand reputation in the wider social media space to ensure they aren’t missing out on key conversations and trends, and are able to act upon any customer service concerns quickly.

    With the rise of empowered consumers and an increasing adoption of online shopping, e-retailers need to adopt customer-centric strategies in order to thrive. With so much of our daily conversations happening online, data from social media can provide key insights for e-retailers wishing to optimize customer experiences.

    Digimind’s study, Social Shopping in 2017, assessed the state of the e-retail industry in the three countries by monitoring 15 local and regional e-retailers, including Lazada, Zalora, and Berrybenka.

    “It’s no secret that brands who implement customer-centric strategies are excelling. With 2.8 billion active social media users in Southeast Asia, it is crucial for e-retailers to listen to what is being said about their brand, competitors and the industry online,” said Stephen Dale, general manager of APAC at Digimind.

    “Understanding what consumers are saying on social media can provide companies with an arsenal of insights that can be used to develop content strategies, improve customer service, build brand advocacy, and increase sales,” said Dale.

    He added that when analyzed in conjunction with other data such as web page visits and browsing behavior, this can further inform marketing plans and Voice of the Customer programs.

    The study also revealed that while the majority of e-retailer’s followers in the countries studied were on Facebook, consumers were most actively publicly posting their opinions and experiences on e-retailers on Instagram and Twitter.

    This means while Facebook is the ideal channel for brands to communicate with followers, Instagram and Twitter are key channels for community engagement.

  • YSL Beauty opens largest store in Kuala Lumpur

    YSL Beauty opens largest store in Kuala Lumpur

    YSL Beauté has officially opened its first flagship boutique in Malaysia, the luxury retailer’s flagship store for Asia.

    It’s a milestone move for YSL. Spanning over 1,057 square feet, the new boutique is currently the largest YSL Beauté boutique in the world and also the first in Asia to offer gifting and engraving services to its patrons.

    Conveniently located in the Pavilion Kuala Lumpur, the new French cosmetics store boasts glossy black panelling licked with the iconic YSL gold embellishments.

    Better still for local shoppers, it offers the full range of YSL Beauté products, including the bestselling YSL Touche Éclat concealer and its new summer 2017 collection.

    Dubbed “Solar Pop,” the new line features four of YSL’s flagship products revamped for the season with exclusive packaging and colours.

    This includes Yves Saint Laurent’s “Les Sahariennes Bronzing Stones,” a bronzing palette formulated with ultra-fine pigments to smooth and illuminate skin with a natural effect, and YSL’s “Full Metal Shadow” glossy eye colours, which get two new shades: Gold Source and Violet Wave.

    YSL classic “Baby Doll Kiss & Blush” comes in two bright new shades with Orange Intrépide and Mauve Aventureux, and for nails, the new Malaysia store will sell “Laque Couture” in two new colours: Jungle Green and Jungle Orange.

    With scores of YSL Beauté counters and concessions already open across Asia, including Hong Kong, Singapore, South Korea and Japan, no further indication has been given from the brand regarding more standalone boutique openings in the near future.

    The new YSL Beauté is located at Lot 3.63.00, Level 3, Pavilion Kuala Lumpur.

  • YSL Beauty opens largest store in KL

    YSL Beauty opens largest store in KL

    YSL Beauté has officially opened its first flagship boutique in Malaysia, the luxury retailer’s flagship store for Asia.

    It’s a milestone move for YSL. Spanning over 1,057 square feet, the new boutique is currently the largest YSL Beauté boutique in the world and also the first in Asia to offer gifting and engraving services to its patrons.

    Conveniently located in the Pavilion Kuala Lumpur, the new French cosmetics store boasts glossy black panelling licked with the iconic YSL gold embellishments.

    Better still for local shoppers, it offers the full range of YSL Beauté products, including the bestselling YSL Touche Éclat concealer and its new summer 2017 collection.

    Dubbed “Solar Pop,” the new line features four of YSL’s flagship products revamped for the season with exclusive packaging and colours.

    This includes Yves Saint Laurent’s “Les Sahariennes Bronzing Stones,” a bronzing palette formulated with ultra-fine pigments to smooth and illuminate skin with a natural effect, and YSL’s “Full Metal Shadow” glossy eye colours, which get two new shades: Gold Source and Violet Wave.

    YSL classic “Baby Doll Kiss & Blush” comes in two bright new shades with Orange Intrépide and Mauve Aventureux, and for nails, the new Malaysia store will sell “Laque Couture” in two new colours: Jungle Green and Jungle Orange.

    With scores of YSL Beauté counters and concessions already open across Asia, including Hong Kong, Singapore, South Korea and Japan, no further indication has been given from the brand regarding more standalone boutique openings in the near future.

    The new YSL Beauté is located at Lot 3.63.00, Level 3, Pavilion Kuala Lumpur.

  • Tata Comm launches IZO cloud node in Malaysia

    Tata Comm launches IZO cloud node in Malaysia

    India’s Tata Communications has launched three new nodes for its IZO Private Cloud service designed to support enterprises’ hybrid cloud adoption while ensuring regulatory compliance.

    The new private cloud nodes in Germany, United Arab Emirates (UAE) and Malaysia aim to enable CIOs to gain more control over all their applications by creating a hybrid, high-performance IT infrastructure where different cloud, colocation and managed hosting environments work together.

    Today, different clouds often operate in silos, resulting in a complex environment which can hold back enterprises’ digital transformation. The fully-managed IZO Private Cloud service seeks to address this complexity by enabling CIOs to create a hybrid IT environment that combines the flexibility of public cloud with enterprise-grade security.

    It also gives CIOs complete control of the residency of their data, while keeping up with employees’ demands for mobile, collaborative and social ways of working.

    IZO Private Cloud now spans across 13 locations. In addition to Germany, UAE and Malaysia, Tata Communications has private cloud nodes in India, Singapore, Hong Kong and the UK.

    The new private cloud nodes address the needs of enterprises in industries with stringent regulatory requirements, including aviation, healthcare, manufacturing, media, banking, IT, financial services and insurance, retail and e-commerce.

    “In today’s digital economy, enterprises’ growth is fuelled by cloud-based applications and data,”  Tata Communications SVP of global product management and data center services Srinivasan CR said.

    “Yet, the sovereignty and security of these critical assets is a major concern for CIOs. As a global cloud provider with a local presence, we address these concerns by giving CIOs complete visibility and control over their entire IT estate, across all networks and devices, and empower them to drive organisation-wide digital transformation with maximum agility.”

  • Kioda to enter India via franchise route, open 300 stores

    Kioda to enter India via franchise route, open 300 stores

    Malaysia-based Korean concept retail store Kioda plans to open 300 stores in India by 2021 and has tied up with Franchise India which will invest USD 10 million for expansion and marketing.

    Kioda, which has a product range of cosmetics, gifts, stationery and household items, is looking to source 25-30 per cent of its products locally for Indian stores and rest to be imported from Malaysia.

    Kioda is entering India in a joint venture partnership with Franchise India and will open 300 stores in the next four years, the company said in a statement.

    “We eventually want to source products from India itself especially in the F&B range.Kioda stores will be unique stores which have a Korean concept and experience,”Kioda Managing Director Alvin said.

    The company, which currently has presence in Singapore and China apart from Malaysia, plans to expand to additional 13 countries by 2018.

    The joint venture agreement was signed at the Master Franchise Show here by Franchise India where over 150 companies participated.

    Franchise India Chairman Gaurav Marya said: “India offers a large landscape for brands to access the burgeoning consumer market with international brands taking the top tier space in the hierarchy. Our investments in the JV will help us to quickly ramp up across India.

  • Malaysia targets luxe shoppers as retail spend soars

    Malaysia targets luxe shoppers as retail spend soars

    With shopping now a bigger driver of tourist spend than ever before in Malaysia, a luxury-dedicated component of the Malaysia Mega Sale Carnival was last week inaugurated by luxury retailer The Melium Group, in partnership with Tourism Malaysia and Pavilion Kuala Lumpur.

    Abdul Ghaffar Thambi, secretary-general, Tourism and Culture Ministry, said: “In 2015, for the first time, shopping became the main tourist expenditure at 31.3 per cent, overtaking the share for spending on accommodation. This trend continued into 2016 with tourist expenditure on shopping taking up a share of 31.7 per cent.

    “We are also seeing an increase in the amount spent by tourists for shopping. In 2016, tourists spent RM26 billion (US$6.1 billion) on shopping, up 20.3 per cent from RM21.6 billion the previous year.”

    Based on a report on the Tourist Refund Scheme, 43 per cent of tourist expenditure in Malaysia is on watches and jewellery, both considered luxury items. Chinese tourists are the largest spenders on these items, followed by Singaporeans, Indonesians, Indians and Bangladeshis.

    Beyond the Malaysia Mega Sale – Luxury Shopping Experience, Tourism Malaysia intends to attract big spenders in Singapore, Indonesia, India, the Middle East and Bangladesh through in-market tactical campaigns.

    President of The Melium Group, Farah Khan, said: “Our aim in supporting the government’s effort in the Malaysia Mega Sale launch is to engage with the luxury tourism market segment and ensure that Kuala Lumpur is well-positioned as the next global market opportunity for luxury brands.

    “With our duty-free status, we can capitalise on the luxury tourist shoppers market as luxury brand prices in Malaysia are within an average of 25 per cent lower than in other countries, and with the GST refund our luxury brands prices are more attractive.”

  • LaLaport Kuala Lumpur mall breaks ground

    LaLaport Kuala Lumpur mall breaks ground

    Mitsui Fudosan, Japan’s largest integrated developer, broke ground on Tuesday on the Mitsui Shopping Park LaLaport Kuala Lumpur, one of Southeast Asia’s largest retail spaces under development.

    The mall is being constructed in the city center on the site of Pudu Prison, a colonial era facility demolished as part of a government growth drive.

     When completed in 2021, the five-story mall will offer 82,600 sq. meters of leasable space — enough for more than 300 retail outlets. The project has an estimated cost of 1.6 billion ringgit ($374 million), and is a 50:50 joint venture between Mitsui Fudosan Asia and BBCC Development. The latter is collectively owned by Malaysia’s state-owned Employees Provident Fund, UDA Holdings and prirvately held Eco World Development Group.

    The project forms part of a bigger real estate development, the Bukit Bintang City Centre (BBCC), which includes hotels, apartments, and offices in a built-up area of over 600,000 sq. meters with a gross development value of 8.7 billion ringgit.

    “I am confident that BBCC will succeed in further uplifting the image of Kuala Lumpur as an international modern metropolis,” said Prime Minister Najib Razak at the ceremony.

    Mitsui Fudosan Asia will lead the development, leasing, and operations drawing on its experience managing LaLaport malls in Japan. The group is aiming for a new urban lifestyle with innovative approaches to entertainment and education, according to Akihiko Funaoka, a senior Mitsui Fudosan executive. Among the attractions will be Zepp Kuala Lumpur, a concert hall and entertainment hub with 2,500 seats equipped by Sony Music Entertainment.

    Mitsui Fudosan’s existing regional investment is primarily in operating apartments, including in Malaysia. The shift to retail is a response to the growing middle-income market, according to Takehito Fukui, the company’s managing director for Malaysia.

    Isetan The Japan Store has already introduced some similar concepts to the Malaysian capital. Operated by Isetan Mitsukoshi, its six-story mall covers 11,000 sq. meters with dining and clothing outlets, and an area devoted to art and culture.

    Malaysian-owned 1 Utama Shopping Centre meanwhile includes a baseball batting cage and scuba diving center among its tenants.

    Mitsui Fudosan already runs Mitsui Outlet Park near Kuala Lumpur International Airport. The branded outlet store opened in 2015, and has traded briskly with locals and tourists from around Asia. According to Fukui, revenue was up 15% on 2016 in the first five months of the year.

  • Change of guard as new CEO takes Malaysia Airports’ reins

    Change of guard as new CEO takes Malaysia Airports’ reins

    The new Director and Chairman of Malaysia Airports is YAM Tan Sri Dato’ Seri Syed Zainol Anwar Ibni Syed Putra Jamalullail, who took over from Tan Sri Dr Wan Abdul Aziz, who has served in the position for the last five years.

    Commenting on the contribution made by its former chairman, Malaysia Airports said: “Tan Sri Dr Wan Abdul Aziz has held the position for five years and during his stewardship has seen to the company’s significant achievements such as the successful opening of klia2 and full acquisition of Istanbul Sabiha Gokcen International Airport in Turkey – as well as the opening of Mitsui Outlet Park KLIA as a catalyst to KLIA Aeropolis.

    “His guidance and commitment at the Board has also steered the company towards charting its next phase of growth in Malaysia Airports’ five-year business plan Runway to Success 2020 (RtS2020) and launching of the KLIA Aeropolis Master Plan.”

    Adding his remarks at the end of his tenure at the airports company, Tan Sri Dr Wan Abdul Aziz said: “I believe Malaysia Airports has the capability to continue to create value for the ever-evolving aviation landscape – way into the future.

    “I am also confident that it will continue to reap the success of its innovative plans and hard work. This is the right time for me to make way for another leader at the helm to pursue the company’s vision and steer it towards achieving even greater heights.”

    The new incoming Chairman YAM Tan Sri Syed Zainol Anwar was formerly the Chairman of Nestlé (Malaysia).

  • Alibaba launches new sales channels in Singapore, Malaysia

    Alibaba launches new sales channels in Singapore, Malaysia

    Chinese e-commerce giant Alibaba Group Holding Ltd on Monday said it is launching new sales channels in Singapore, Malaysia, Hong Kong and Taiwan as China’s deep-pocketed e-commerce firms vie for new users in the region. The new service, branded Tmall World, will allow overseas Chinese users to buy goods from Alibaba’s Tmall, its popular brand-to-consumer retail site, the company said in a statement.

    “Alibaba will provide end-to-end solutions including logistics, payment, and localization support catering to each local market’s needs,” the statement said.

  • Footwear company Red Wing opens first store in Malaysia

    Footwear company Red Wing opens first store in Malaysia

    Red Wing Shoe Company announced on Tuesday the grand opening of its first retail location in Kuala Lumpur. The store opening expands the footwear company’s retail footprint in Southeast Asia.

    The new store is a result of Red Wing’s partnership with Leeden National Oxygen (Leeden NOX), a distributor partner for over four decades. Prior to opening the new store in Kuala Lumpur, the two companies opened stores in Singapore.

    The Kuala Lumpur store, which is located in the Avenue K Shopping Mall, features an industrial work-themed interior with leather chairs, brick walls, and custom fixtures.

    In addition to offering the brand’s full product offering, including its namesake line, Vasque, the performance hiking boots and shoes collection, the Heritage collection that launched in 2008 and personal protective equipment and accessories, Red Wing Kuala Lumpur offers foot-scanning technology that identifies arch type, foot type and pressure points.

    “Red Wing Shoe Company has been a leader in the footwear industry for over 110 years, and for more than 50 years it has grown to become a top provider of head-to-toe solutions for the international energy industry,” said Paul Olson, Managing Director, Eastern Hemisphere for Red Wing. “From oil rigs to shipping docks, factory floors to refineries, we’ve supported Malaysian oil and gas workers for over three decades through our distribution services, and we’re now excited to offer those workwear products as well as new offerings for lifestyle and hiking footwear through our Kuala Lumpur retail store location.”

    Established in Red Wing, Minnesota in 1905, the Red Wing Shoe Company is a global designer, producer, and distributor of work, safety and lifestyle and work apparel. Today, Red Wing is distributed in over 110 countries in a multi-channel environment of 500+ stores, third party partners, and owned e-commerce platforms.

  • Samsung Experience Store Large unveiled at The Gardens Mall

    Samsung Experience Store Large unveiled at The Gardens Mall

    Samsung Malaysia Electronics relaunched one of its most prominent Samsung Experience Store Large (SESLs) in Malaysia at The Gardens Mall here.

    Being only one of a handful of SESL establishments in the country with vast retail area that integrates merchandising, experiential zones and customer services, the grand reopening marked the establishment’s first major revamp since its inception in 2013.

    Samsung Malaysia Electronics said the SESL, operated by Welfon Telecommunication Sdn Bhd, is designed to be a one-stop retail solution, offering the full range of smartphones, tablets, wearables, ecosystem and genuine accessories.

    The company’s Head of Mobile Business, Hosea Heen, said the new flagship store concept is a reflection of the Samsung philosophy to provide the best costumer experience.

    “With this new SESL located at one of the prime shopping locations in the Klang Valley, we look forward to encouraging an open and welcoming (environment) that goes beyond just brick-and-mortar, and resonate with consumers from all walks of life,” he said.

    The SESL also provides the Samsung Smart Service, allowing customers to obtain after-sales care at the service centre, including full hardware repair, software upgrades, device consultation and advice.

    From June 9 to 27, in conjunction with the SESL’s grand opening, customers who spend over RM1,000 will receive a complimentary Mono Bluetooth Headset; while visitors who register their first payment via card will be entitled to a free Samsung Wireless Charger Stand worth RM279.

  • Maxis’ continuous plans to enhance network in Sarawak

    Maxis’ continuous plans to enhance network in Sarawak

    Maxis Bhd’s (Maxis) network expansion plans in Sarawak is an ongoing development, as it currently covers 89 per cent of the population with its 4G network.

    According to head of Sarawak region Alexius Bong, at this point in time, Maxis has no intentions to stop and will continue to expand “even to the smallest towns.”

    “Because you can’t hide the fact that people are consuming more data and you need that network to support (demand), it is definitely a focus in our plan to do that,” he revealed in an exclusive interview with The Borneo Post earlier this week.

    On plans to open more retail outlets in Sarawak, Bong stressed that Maxis is very focused on retail expansion and distribution footprint. It currently has nine Maxis centres and 15 dealer-operated retail stores in the state.

    “By this year end, we intend to add six more retail stores plus another 20 dealer-operated stores at the same time to increase our distribution footprint, it goes in tandem with our network,” he added.

    These plans will occur throughout Sarawak, with the focus now on secondary towns. Maxis also intends for customers to have the same experience whether they are visiting Maxis centres or dealer-operated outlets.

    Continuous network expansion will be one of the key areas Maxis focuses on in Sarawak this year.

    “We want to continue expanding our network, we have such a great product that syncs together with this,” Bong added.

    “At any one time, the focus of the network is not just the network itself – it ties back to the consumer.

    “With that, we want to ensure that whether it is prepaid, postpaid, or wireless broadband (WBB), we will continue to enhance our product proposition especially on internet offerings.

    “Of course, we will continue to expand our distribution and retail because market presence is significant in our business and is very important.”

    At the same time, Maxis would also like to relook at the small and medium enterprises (SMEs) in Malaysia and, how they can help SMEs digitalise the way they work.

    Head of prepaid, Navin Manian, highlighted that Maxis is also trying to give a much better experience by going purely digital for its customers.

    “It’s not just all product-centric, we also look into the customer experience,” Navin said.

    “So it’s a big drive now, for both postpaid and prepaid segments to move our customers from the old UMB usage behaviour to now the app and we have been doing very good in that space.”

    On the expected takeup rate for the prepaid segment in East Malaysia, Navin revealed that Maxis has been doing really well in the region over the past few years from a series of products that they have been launching.

    “We are very confident that this will continue a good growth trajectory for us here,” he added.

  • Visa Partners ShopBack to Host Three-Day Buka Puasa Treats Online

    Visa Partners ShopBack to Host Three-Day Buka Puasa Treats Online

    Top Cashback platform ShopBack and global payment technology company Visa today announced a three-day Buka Puasa Treats ‘Jom Iftar Bersama ShopBack’ campaign, which will be organised in the form of online meals booking via ShopBack Malaysia’s Visa store from 14th – 16th June 2017.

    During the event period, the public can go to the site and order a meal/voucher from Eatigo, Fave by Groupon, Foodpanda, or PappaDelivery for themselves and the person they want to sponsor and enjoy a Buka Puasa dinner with, whereas Visa and ShopBack will giveaway RM25 Cashback to their accounts thereafter.

    “We are truly glad to team up with Visa on this campaign in the spirit of Ramadan. We hope to express our appreciation to our users and encourage the spirit of sharing among the online community in Malaysia, starting by ordering and sharing a meal with the people around us. The Cashback earned is meant to be transferred to their bank account after verification, which is also a savings that could be put to good use.” Alvin Gill, the Country Manager for ShopBack Malaysia said.

    Alvin expressed that the company has seen at least 60 per cent increment in terms of the number of users from its website and app in the past six months, which indicates more Malaysians are spending cautiously and constantly looking for the ways to save due to current economic challenges.

    Currently, there are more than 650,000 Malaysians making online purchases through ShopBack account every month. The company collaborates with over 500 international and online e-retailers such as Booking.com, Fave by Groupon, Foodpanda, Hermo, Lazada, Zalora and more to reward shoppers with up to 30% hard cash whenever they make a purchase online.

    ShopBack is the top Cashback platform in Southeast Asia that has enabled Malaysian online shoppers to save RM13.5 million thus far. Other than Malaysia, it also has a presence in India, Indonesia, Philippines, Singapore and Taiwan.