Tag: Malaysia

  • Community park to be settled in MyTown Kuala Lumpur

    Community park to be settled in MyTown Kuala Lumpur

    MyTown Shopping Centre has opened in the Kuala Lumpur CBD as a joint development by Boustead Holdings and retail banker Ikano.

    It features 1.6 million sqft (148,644 sqm) of retail space (more than 400 stores), an alfresco dining area and a park.

    Anchor tenants include the biggest Ikea and Zara stores in Malaysia, Malaysia’s first Best flagship, Food Empire, Golden Screen Cinemas, H&M, Parkson Department Store and Village Grocer.

    Biggest ZARA in Malaysia @ MyTOWN

    Its two-acre (0.8ha) Town Park has been set aside for community events. It includes ramps and tracks for rollerblading and skateboarding. A Sunken Garden features amphitheater-style.

    MyTown is the first shopping centre in Malaysia to feature Soundscapes – special compositions and custom designed sounds to offer an immersive environment in key locations.

    MyTOWN Launch

    Mr Christian Rojkjaer – Managing Director of Ikea Southeast Asia & Director of Boustead Ikano Sdn Bhd (3rd from left) & Tan Sri Dato’ Seri Lodin Wok Kamaruddin – Deputy Chairman / Group Managing Director, Boustead Holdings Berhad (4th from left) flanked by Directors from Boustead Ikano Sdn Bhd, Boustead Holdings Bhd & Ikano Ptd Ltd including (from left to right), Mr Lee Hartigan, Dato Sri’ Ghazali Mohd Ali, Datuk Koo Hock Fee, Ms. Cheah Swee Choo, Mr Sebastian Hylving, Mr Joakim Hogsander – General Manager of MyTOWN Shopping Centre & Mr Thomas Malmberg.

    GM Joakim Hogsander describes the centre as a lifestyle mall. “We have created a special customer journey through our choice of tenants, design and experience.”

    MyTown has been awarded green building status by the US Green Building Council (USGBC) and Malaysian Green Building Index.

  • AirAsia is official airline partner for SEA Games 2017

    AirAsia is official airline partner for SEA Games 2017

    Budget airline AirAsia Bhd has lent its support to Malaysia’s hosting of the 29th Southeast Asian Games from Aug 19 to 31, 2017 and 9th Asean Para Games from Sept 17 to 23, 2017.

    As a Gold Sponsor, AirAsia will be providing flights for the Malaysia Organising Committee (MASOC) officials within the airline’s Asean network for the purpose of organising both sporting events.

  • Supply chain group Tigers launches new e-shop marketplace supporting brands entering china

    Supply chain group Tigers launches new e-shop marketplace supporting brands entering china

    Supply chain group Tigers has launched a new marketplace, called eShop, to support brands entering the rapidly expanding China and Southeast Asia e-commerce markets.

    The digital marketplace, part of Tigers’ suite of e-commerce products, offers a one-stop shop solution, from marketing, to taking payments, managing the supply chain, order fulfilment, and returns.

    Up-and-coming Italian designer workout wear Gr1ps, and award-winning golf simulator OptiShot Golf are amongst the first Tigers eShop customers in China, Hong Kong, and Malaysia.

    “Tigers eShop offers a cost-effective, scalable enterprise solution for companies of all sizes,” said Andrew Jillings, chief executive officer and group managing director, Tigers.

    “We can provide fiscal representation to SMEs wanting to enter the China market that do not have a presence there.”

    “The logistics industry has the desire to adopt technology, but few providers are offering a real solution that ultimately services every e-commerce business.

    “Rather than being a one-size fits all, Tigers’ IT systems, which work on a cloud-based operating platform, are flexible enough to meet a large variety of demands.”

    Gr1ps, founded in 2011, designs innovative functional training products and has been recognised as a pioneer in Brazilian Jiu Jitsu and Mixed Martial Arts apparel. “Tigers eShop forms a core part of our sales strategy in acquiring new clients in the Asia market, and increasing brand awareness and exposure through Tigers’ network,” said Katty Fung, chief operating officer, Gr1ps.

    “We look forward to bringing our brand values, of quality and attention to detail, to larger sports and lifestyle communities with this expansion.”

    OptiShot Golf is a golf simulator platform designed by two fans of the game, which allows players to practice and play on replicas of major championship courses, as well as play in global online tournaments, with real clubs and real golf balls.

    “China is an important market for us and the Tigers eShop is an exciting opportunity for us to grow our presence there,” said Kevin Johnston, president and chief operating officer (COO), OptiShot Golf.

    Tigers, which has been operational in Greater China since 1969, has 17 offices across the country and specialises in e-commerce fulfilment, transportation, and supply chain solutions.

    The Hong Kong headquartered supply chain specialist has 65 offices and 32 omni-distribution hubs across China, the USA, Germany, the United Kingdom, the Netherlands, Switzerland, Australia, Malaysia, India, and South Africa.

    Tigers plans to open more eShops across a number of strategic locations.

    “Tigers will continue to focus on our two main assets, our technology and our people,” said Jillings.

    “We are privileged to be working with exciting brands like Gr1ps and OptiShot Golf. They are both dynamic groups with great products and they embrace the online retail space.

    “There is always a learning curve working with companies like these.”

    Tigers can trace its founding origins back to 1888 in the Cape of Good Hope, South Africa, where their South African subsidiary was first founded.

  • Malaysia puts high hopes on one halal certification with Indonesia

    Malaysia puts high hopes on one halal certification with Indonesia

    Malaysia is putting high hopes on the planned unified halal certification with Indonesia, the country with the world’s largest Muslim population, in a bid to strengthen halal trade relations between the two countries.

    At present, Indonesia only directly accepts Malaysian halal certificates for industrial goods, such as palm oil.

    However, Malaysian end-user products must undergo various tests to obtain another halal certificate from the Indonesian Ulema Council (MUI) and halal logo from the Food and Drug Monitoring Agency (BPOM) before being marketed in Indonesia.

    To address the issue, Malaysian and Indonesian authorities are reviewing their halal certifications to avoid inefficient imports and exports in the long run.

    “We have been collaborating very closely because we want to sell more products to Indonesia and, of course, we also welcome Indonesian products in Malaysia,” Malaysian International Trade and Industry Minister Mustapa Mohamed told reporters on the sidelines of the 2017 Malaysia International Halal Showcase (Mihas) in Kuala Lumpur on Wednesday.

    “Some challenges have not been resolved. Indonesian authorities recognize our halal certification, but there are some additional tests that our people have to go through.”

    The MUI’s Food and Drug Analysis Agency (LPPOM) deputy director, Muti Arintawati , said her side had planned to simplify halal certification for Malaysian end-user products imported into Indonesia.

    “We may not need to conduct an audit at the production location. Instead, we can just audit the documents of those products. Nonetheless, this plan has yet to be officially agreed to,” Muti told The Jakarta Post over the phone on Friday.

    In August last year, Malaysian Prime Minister Najib Razak said he was committed to boosting trade between the two neighboring countries to US$30 billion in the near future.

    Total trade between Malaysia and Indonesia has seen a declining trend to $14.31 billion in 2016 from $24 billion in 2013 amid the global economic crisis, as shown by data from Indonesia’s Trade Ministry.

    “Indonesia is huge, of course. It’s a very big market. […] The issue here is that there are some technical issues in regard to the acceptance of halal,” Abu Bakar Koyakutty, senior director of the market access and international partnership division at the Malaysia External Trade Development Corporation (Matrade), told The Jakarta Post on Tuesday.

    “There are different standards on halal. If we can resolve the issue, we see there’s a huge potential.”

    According to a 2016 study published by Salaam Gateway, a business intelligence platform that is a joint effort between the Dubai Islamic Economy Development Center and intelligence and research agency Thomson Reuters, one of problems facing halal regulatory standards globally is that there is no unified standard.

    For instance, it states there is a significant variance between the standards of the Department of Standards Malaysia (DSM) applied in Malaysia and the standards of the Emirates Authority for Standardization and Metrology (ESMA) applied in the United Arab Emirates.

    “The cost of gaining multiple certifications to satisfy the needs of different markets adds complexity and could prohibit entry, resulting in unmet demand for halal food among Muslim consumers,” said the report.

    The report also notes the slow and limited uptake of halal accreditation programs, the process in which a third neutral party validates the certification.

    Compounding that problem, halal accreditation bodies have yet to sign specific mutual recognition agreements for halal certification and there is no forum or framework to ensure peer review.

    Halal accreditors operate independently of each other at present and, often times, there is limited clarity on the jurisdiction of the accreditors.

    Meanwhile, the State of Global Islamic Economy Report 2016/2017 — by Thomson Reuters and research and advisory firm DinarStandard puts the size of Islamic economy at an estimated $3 trillion by 2021, rising from $1.9 trillion in 2015.

    In 2015, Muslims’ spending on food and beverages stood at $1.1 trillion and there was $415 billion estimated revenues from halal-certified food and beverage products.

  • DHL Express forays into Sarawakian market

    DHL Express forays into Sarawakian market

    International express services provider, DHL Express, has set up a direct presence in East Malaysia through the establishment of a new Gateway in Kuching yesterday.

    As the only international express services company with a direct presence in Sarawak, the new and upgraded Gateway caters to the increasing demand for international trade, supporting businesses operating in and out of the state.

    The Kuching Gateway serves as a clearance point for inbound shipments entering the state, before they are sent to DHL’s four Service Centers in Miri, Bintulu, Sibu, and Kuching for deliveries.

    Strengthening DHL’s network of 23 service centers, 90 service points and 6 gateways in West Malaysia, the Kuching Gateway improves the efficiency and responsiveness to meet the increased demands of customers in Sarawak.

    Speaking at the official launch of the Kuching Gateway, Christopher Ong, Managing Director of DHL Express Malaysia & Brunei said, “Previously operated through an agent, we took over the operations in Sarawak to enhance our services and interact directly with our customers.

    “The new facility delivers top-notch productivity and operational efficiency, with improved speed, reliability and flexibility. This will enable our customers in Sarawak to have greater access to international markets.

    “To provide our customers with peace of mind when they ship with us, we have invested heavily to ensure that the facility is built to TAPA “A” certification standards, to meet our global criteria for operational efficiency, quality and security.

    “The Kuching Gateway provides direct access to our global network of more than 220 countries and territories, allowing businesses in Sarawak to trade in the global marketplace more efficiently than ever before,” he added.

    The official launch of the Kuching Gateway was witnessed by over 30 guests including officers from The Royal Malaysia Customs Department in Kuching.

    DHL offers a portfolio of logistics services ranging from national and international parcel delivery, ecommerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management.

    With about 350,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows.   it offers specialised solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail.

  • Courts online offer doubles

    Courts online offer doubles

    The range of goods sold by Courts online has doubled as part of a revamp of its e-commerce business.

    The Singapore-based listed retail company also operates in Malaysia and Indonesia.

    Specialising in furniture and consumer electronics, Courts originally launched in 2012 with 7000 products. Now, through a partnership with e-commerce agency SmartOSC, the site now offers 14,000 products.

    Research firm Statista estimates Singapore’s e-commerce market will reach US$6.42 billion by 2020. Courts has seen growth throughout Southeast Asia, most notably in Indonesia and Malaysia.

    In April last year the business revamped its traditional stores to engage with customers more effectively, and opened two offline “test beds”, in Causeway Point and Sri Damansara in Malaysia. As a result, the brand is moving toward an integrated shopping experience involving both in-store and online.

    Court’s Group CIO Stan Kim says the strategy is really about creating an omni-channel experience for customers.
    He says Courts is looking to establish a new industry standard for a mobile-first and user-centric experience. The brand plans to also enhance its click-and-collect offering, which now contributes about  half of its online sales.

  • Capital 21 mall to be largest in Johor Baru

    Capital 21 mall to be largest in Johor Baru

    Being built by Singapore-listed Capital City Group, Johor Baru’s largest mall Capital 21 will have a gross floor area of 1 million sqft (92,903 sqm) when it opens early next year.

    The mall will be part of Project Capital City, which includes a hotel and residential component. More than 60 per cent of the retail units have been sold.

    Capital City CEO Siow Chien Fu says he is bullish about prospects. “Johor Baru is the second-largest city in Malaysia and it still lacks this type of large shopping centre.”

    Capital City will have 690 serviced apartments and 630 hotel-style serviced suites.

    While the serviced suites have not been launched, 28.6 per cent of the units have been sold.

    “People have been talking about an oversupply of housing in Kuala Lumpur for years, but there has still been good take-up. I’m not worried. Johor Baru is big enough and the state is doing a lot of development, like industrial parks,” says Siow.

    Capital City is the company’s first development and veteran architect-turned-developer Siow is confident of its asset-light business strategy. Unlike traditional property developers, Capital World will not own land. Instead, it works with landowners in joint ventures to develop assets.

    Its pipeline of projects includes another integrated development of retail, office, hotel and residential apartments in Johor Baru.

  • Maybank CEO Farid becomes Maybank Indonesia president commisioner

    Maybank CEO Farid becomes Maybank Indonesia president commisioner

    Maybank Indonesia Tbk on Monday announced the appointment of Malayan Banking Bhd (Maybank) group president and chief executive officer Datuk Abdul Farid Alias as its new president commissioner (similar to a chairman’s position).

    Maybank Indonesia head of corporate communications and branding, Esti Nugraheni, said in a statement that Abdul Farid was taking over from Tan Sri Megat Zaharuddin Megat Mohd Nor after an AGM held on Sunday accepted his resignation.

    The AGM also approved the appointment of Restiana Ie Tjoe Linggadjaya as director, succeeding Ghazali Mohd Rasad who completed his term of service.

    “The board would like to thank Tan Sri Megat and Ghazali for their dedication to Maybank Indonesia, and welcome the new members of our board of commissioners and board of directors,” it said.

    Maybank Indonesia also announced that the bank recorded a 71.0% increase in net profit to Rp1.95 trillion (RM3.3 billion) for the financial year ended Dec 31, 2016 compared with Rp1.14 trillion achieved in the previous corresponding year, despite the economic slowdown.

    Maybank Indonesia is one of the largest banks with 428 branches including Syariah branches and micro functional offices across Indonesia.

  • Healthcare Tourists in Malaysia Mostly from Countries Such as Indonesia

    Healthcare Tourists in Malaysia Mostly from Countries Such as Indonesia

    In January, International Living (IL), an authority on global retirement and relocation opportunities, had put Malaysia in sixth place for its “10 Best Places to Retire” list. Part of the Annual Global Retirement Index, Malaysia received high scores in the “Healthcare” and “Fitting In” categories — the latter was due to the fact that the country was a melting pot of world communities, according to IL senior editor Dan Prescher.

    Last year, Malaysia welcomed more than one million healthcare tourists, who contributed more than RM1 billion in hospital revenue, said Malaysia Healthcare Travel Council (MHTC) chief executive officer (CEO) Sherene Azli.

    “There has been an overall growth in tourists for medical tourism. “From 643,000 travellers in 2011, the number rose to 859,000 in 2015. In terms of revenue, we recorded RM527 million and RM914 million for 2011 and 2015, respectively,” she said.

    “If we take other medical revenue into account, healthcare travel contributed between RM3 billion and RM4 billion to the country’s economy in 2015.” She said the travellers were mostly from Indonesia, India, China, Japan, the United Kingdom (UK), Australia and Middle Eastern countries.

    Among the treatments they sought were in cardiology, orthopedics, oncology, neurology, dental and fertility treatments, cosmetic surgery and rehabilitation services. MHTC is an agency under the Health Ministry that has been entrusted with the responsibility of promoting the country’s healthcare travel sector, which is a National Key Economic Area.

    This year, the MHTC aims to achieve RM1.3 billion in revenue, and potentially contribute RM5 billion to the nation’s gross domestic product through other medical travel revenue, including dental, cosmetic, wellness, logistics and hospitality services.

    “MHTC has also identified Indonesia, Vietnam, Myanmar and China as core markets based on the volume of healthcare tourists received, as well as growth potential of the respective markets.

    “Additionally, we have representatives in Indonesia (Jakarta), Myanmar (Yangon), Vietnam (Hanoi and Ho Chi Minh City), China, and most recently, India, to gain faster access to our core markets and facilitate potential visitors with enquiries and healthcare travel assistance.”

    She said the MHTC planned to increase its market penetration in those countries while aggressively raising the country’s profile in secondary markets like Bangladesh, Australia, the UK and the Middle East. The number of healthcare tourists from India, for example, had doubled in less than five years, she said.

    “In 2011, there were over 18,000 Indian travellers who sought various treatments in Malaysia. That figure rose to more than 39,000 in 2015 at a rate of 116 per cent.” She said healthcare tourism in the country had moved from strength to strength in the last few years.

    “The country was named Medical Travel Destination of the Year at the Medical Travel Awards for two consecutive years in 2015 and 2016 by the International Medical Travel Journal. “Malaysia was also named ‘Best Country in the World for Healthcare’ by IL’s Global Retirement Index for three consecutive years, from 2015 to 2017,” Sherene added.

    Sherene herself had been honoured as one of 50 outstanding women in healthcare at this year’s World Health and Wellness Congress in February — another global milestone for the country. To further attract foreign tourists to our shores for healthcare tourism, the MHTC has embarked on a “Malaysia Loves You” campaign in February.

    Launched by Health Minister Datuk Seri Dr S. Subramaniam, it aims to promote Malaysian healthcare in several key areas, namely quality, accessibility, affordability and ease of communication. At the same time, Sherene said the campaign hoped to increase global awareness on Malaysia’s potential as a leading healthcare travel destination.

    “We believe that Malaysia has all the qualities in international healthcare tourism. To top it off, it is easy for travellers to communicate with health professionals here, be it in English, Tamil, Hindi or Chinese.”

    Malaysian Society for Quality in Health (MSQH) CEO Kadar Marikar said the accreditation received by Malaysian hospitals and healthcare providers had raised travellers’ confidence in the country as a healthcare tourism destination.

    “Foreign patients will be well-assured of safe care when they seek medical care in MSQH accredited facilities. The accreditation process focuses on patient care with measurable safety outcomes, while minimising the risk of adverse events.

    “Accreditation of healthcare facilities and services in Malaysia by MSQH since 2000 has helped put in place the Standards of Services. Among others, it focuses on putting the right structures and processes, minimising risks as well as measuring performances to ensure safe patient care and outcome.”

    The MSQH accreditation programme is internationally-recognised by the International Society for Quality in Healthcare (ISQua). Kadar said the four-year accreditation programme also helped to build tourists’ confidence in healthcare industry providers.

    To boost the arrival of foreign patients to Malaysia and bolster their confidence in local healthcare facilities, he said medical healthcare/medical tourism facilitators should have a strong presence to assist patients.

    “We need to develop and certify professional medical tourism facilitators to make sure they are knowledgeable in the field.” International Islamic University Malaysia Associate Professor Noor Hazila Abd Manaf of the Department of Business Administration agrees.

    Noor Hazila co-authored a paper entitled “Medical Tourism Service Quality”, on the local healthcare tourism industry that focused on service quality, perceived value, overall satisfaction and future intention of medical tourists in Malaysian hospitals.

    “Malaysia already has a strong footing in the accreditation of its hospitals through MSQH. “The government has also established the MHTC, a one-stop centre to promote the country’s medical services abroad.

    “Although a relative newcomer, the results of promoting the industry can be seen from the increasing number of international patients coming to the country,” she said. Noor Hazila said her report aimed to identify important constituents of medical tourism, which might assist policymakers and hospital managers in understanding the industry better.

    “In order for Malaysian hospitals to continue competing on the global front and attracting more international healthcare tourists, it needs to follow the examples of leading medical tourist hospitals by widely publicising the outcome of their services on their websites as a means of communicating their technical competency.

    “For example, India’s Apollo Group of Hospitals publicises a 90 per cent success rate in more than 500 liver transplants they performed. “Similarly, Thailand’s Spine Institute at Bumrungrad International claimed a 95 per cent rate of success in its website for its spinal endoscopic surgeries performed on more than 600 patients.”

    Revealing information on technical competence, she said, could give patients a sense of assurance in quality. “However, browsing the websites of Malaysian medical tourism hospitals show a gap in the dissemination of such information.”

    Aside from this, she said it was also important for service providers to ensure a high quality of service from its medical staff.

    Tech and experience, a winning combination for Sunway Med

    Since winning the International Hospital of the Year award in Madrid, Spain, last year, Sunway Medical Centre has seen a steady growth in international patients.

    The award was presented by the International Medical Travel Journal. Sunway Healthcare managing director Lau Beng Long said the hospital recorded an 18 per cent increase in the number of international patients from 2015 to last year, with 13 per cent increase in revenue.

    “We found that there is a 30 per cent increase in healthcare tourist traffic and 12 per cent increase in expatriate patients.”

    He attributed the hospital’s success to its “people, our technology and our product”.

    “There are a couple of factors, I believe, have enabled us to clinch this award. We differentiate ourselves in the market by positioning it as the one-stop centre not just in medical services, but also the entire supply chain of medical tourism experience”.

    Sunway Medical Centre is strategically located in Sunway Resort City, which is a stone’s throw away from Sunway Hotel, Sunway Theme Park, Sunway Shopping Mall and Sunway University. This provided a comprehensive solution for patients who need a healing environment.

    “We also have a dedicated international patient centre team, which provides one-stop services for our international patients, ranging from providing treatment options, to cost estimate, hotel and transport booking, interpreting services and so on.

    “We serve international patients from more than 130 countries, and are recognised for orthopedics, digestive health, neurology, ENT and urology. “Last year, we set up our cancer, radiosurgery and nuclear medicine centre, which provides comprehensive solutions for cancer treatment. “

    He said Sunway Medical Centre was also the first hospital in Southeast Asia to have received the accreditation from the Australian Council on HealthCare Standards. “Ultimately, people are our best asset. We take pride in our specialists, majority of whom are trained overseas in Australia, the United States and the United Kingdom, and also our dedicated nursing and allied health teams.

    “With technology and experienced, SunMed is the first private hospital in Malaysia to perform total joint knee replacement surgery using computer navigation, deep brain stimulation for Parkinson’s Disease, endoluminal grafting for abdominal aortic aneurysm, cornea transplant, etc.

    “Overall we see a balanced distribution of patients coming for different treatments.” On the profile of medical tourists visiting the hospital, he said most of the patients were from neighbouring countries.

    “Again, we are seeing a fair distribution of patients from Southeast Asia, South Asia, North Asia, Middle East and the West. “Top of the list are patients from Indonesia, China, Bangladesh, Yemen, India, Australia, Pakistan, the US, Japan and Maldives.

    “A majority of our foreign patients are aged 30 and over. The length of stay will vary based on their treatment and procedure.” He said the hospital was currently undergoing an expansion.

    “Upon completion of Tower C in the second quarter of this year, there will be 600 beds at Sunway Medical Centre’s facilities, with 180 consultation suites and 1,470 parking bays.

    “We are also growing our services to strengthen our centres of excellence, recruiting more consultants and nurses to provide competent care, upgrading our facilities, and introducing more technology,” he said.

  • AirAsia to connect Pontianak with Kuching in June

    AirAsia to connect Pontianak with Kuching in June

    Budget airline AirAsia is set to open a new direct route from Pontianak in West Kalimantan to Kuching in Sarawak, Malaysia, starting on June 5.

    The carrier currently serves only one route from Pontianak to Malaysia. Its planes fly to Kuala Lumpur. The new service also marks its first direct flight from Indonesia to Kuching.

    AirAsia Berhad commercial head Spencer Lee said that the move aimed to contribute to the development of local tourism, economics and trade in the two cities.

    Available once a day, the flight from Pontianak to Kuching is scheduled to depart at 12:10 p.m. and the one from Kuching to Pontianak at 11:55 a.m.

    To celebrate the new service, AirAsia is currently offering promotional tickets for flights taken between June 5 and Sept. 30 for starting prices of Rp 249,000 (US$19) for bookings made through its mobile app by April 2.

  • AirAsia, AirAsia X offer 3-day promotion

    AirAsia, AirAsia X offer 3-day promotion

    AirAsia and AirAsia X will offer a three-day promotional campaign, “#AirAsiaDanceToFly”, to all destinations, offering fares from as low as RM499 for one-way all-in fares. It is inclusive of taxes and fees.

    In a statement, AirAsia X said the promotion was valid for booking from March 31 to April 2 and for travel from March 31 to Sept 30.

    It said the campaign was inspired by one of AirAsia X’s cabin crew, Assraf Nasir, who became an overnight online sensation after a dancing video of him onboard an empty A330 aircraft went viral.

    Chief executive officer Benyamin Ismail hopes for all guests to catch this contagious fun spirit onboard and grab the low fares to fly with AirAsia X fun crew.

    “The world has enjoyed his sassy video and now it’s your turn to show us your moves,” he added.

    In conjunction with the promotion, AirAsia X will award the most creative video entry that best emulates the dance moves of Assraf with a pair of return free flights to Honolulu, Hawaii, through a social media contest from April 3-9.

    It said the winner would be awarded with a pair of return flights from Kuala Lumpur to Honolulu, Hawaii via Osaka, excluding taxes, fees and optional services.

    To participate, the public must create a 15-second non-audio dance video, upload it to Instagram with the hashtag #AirAsiaDanceToFlyMY by 11.59pm April 9, with a caption saying why they deserve to win.

    The winner will be named on AirAsia’s official social media channels.

  • Alibaba plans regional distribution hub in Malaysia

    Alibaba plans regional distribution hub in Malaysia

    Alibaba Group has signed an agreement with the Malaysian government covering the establishment of an e-fulfillment hub in Kuala Lumpur and a one-stop online cross-border trading platform.

    The agreement will also include cooperation in e-payment and financing, and development of e-talent training that will fit into Malaysia’s roadmap of transformation into a digital economy.

    The e-hub to be built near the Kuala Lumpur International Airport is under the Electronic World Trade Platform (eWTP) initiative which is being undertaken together with the Malaysia Digital Economy Corporation (MDEC) and other parties. The facility is envisioned to function as a centralized customs clearance, warehousing and fulfilment facility for Malaysia and the region, to deliver faster clearance for imports and exports.

    “We have set out plans to progress Malaysia’s economy and place it firmly at the center of the global marketplace. To do this we need to harness the assets that we have and provide the support for individuals and businesses to be competitive in the new digital landscape. “The Alibaba Group is at the forefront of private sector development of e-commerce solutions and their ambitions to enable trade, particularly for SMEs, make them the perfect partner in this new initiative,” said Prime Minister Razak.

    Ma proposed the establishment of digital free trade zones for small businesses while attending the St. Petersburg International Economic Forum in Russia last June, suggesting that such special trading areas can act as e-commerce hubs linking up markets around the world.

    As part of Malaysia’s DFTZ initiative, the e-hub will provide new commercial opportunities on the established trade route with the country. As more trading routes are covered with new hubs that reflect the needs of the firms participating in the modern economy, a digital global e-road will be created.

    Alibaba has already played a key role in the establishment of the China (Hangzhou) Cross-Border E-Commerce Comprehensive Pilot Free Trade Area which will be connected to the DFTZ in Kuala Lumpur.

    The eWTP’s e-hub concept has been incorporated into Malaysia’s DFTZ which will see the involvement of Alibaba, its subsidiaries and affiliates such as Lazada and Cainiao Network in other areas as well, such as the proposed e-service platform, which, when connected to Alibaba’s OneTouch platform, will link Malaysia directly to the e-commerce pilot area in Hangzhou, China to allow SMEs and businesses to trade conveniently and efficiently between the two countries. Relevant parties from both sides will also explore e-payment and financing opportunities and establish training programs to help incubate startups and develop skillsets in individuals in support of Malaysia’s digital economy development.

    “With innovation throughout the supply chain, support from governments and important private sector collaborations, we will achieve our aim of enabling SMEs and young people to thrive and enjoy in the fruits of the next phase of globalization,” Ma said.

  • Huawei Malaysia opens KL flagship

    Huawei Malaysia opens KL flagship

    Huawei Malaysia has opened its largest flagship store, at the Pavilion KL in Kuala Lumpur.

    On the fifth floor, the store will be a one-stop centre providing on-site services and send-for-repair services, as well as a private product consultation service.

    Its shelves feature a range of smart devices including phones, tablets and wearables.

    Huawei Malaysia Pavilion KL 2

    In conjunction with the store opening, the Chinese handset maker has a special promotion for the first 100 customers – a Swan speaker for a RM1000 (US$225) or more spend.

  • M&S launches boutique concept in Malaysia

    M&S launches boutique concept in Malaysia

    Marks & Spencer (M&S) has launched a premium boutique concept in Kuala Lumpur, in Sunway Velocity Mall.

    M&S Malaysia

    Covering more than 10,600 sqft (985 sqm), the M&S boutique concept – the first of its kind in Malaysia – features large mirrors and seasonal imagery. A welcome zone at the entrance showcases the season’s trends, and boutique displays allow customers to see the range of styles, fits and outfit ideas available.

    M&S Malaysia 3

    As well as offering the UK retailer’s clothing and accessories across womenswear, menswear, childrenswear, lingerie and toiletries, the boutique has a food hall featuring more than 800 lines plus an in-store bakery with Coffee-To-Go, offering coffee and tea alongside breads and pastries baked on-site.

  • Malaysian stocks likely to inch higher next week

    Malaysian stocks likely to inch higher next week

    Bursa Malaysia is likely to trend higher next week, with the benchmark index inching towards the 1,780-level, supported by positive local economic news and the return of calmness after the sharp drop on Wall Street early last week.

    Affin Hwang Investment Bank Vice-President and Head of Retail Research, Datuk Dr Nazri Khan Adam Khan, said FTSE Bursa Malaysia KLCI (FBM KLCI) maintained its bullishness and stayed in higher territory as equity bulls remained largely unfazed by the increases in the US interest rate.

    “For the year-to-date, FBM KLCI recorded a total gain of 116 points, or 7.1 per cent, signalling more resilience and upside in the near term despite imminent Federal Reserve rate increases and doubts on US President Donald Trump’s fiscal reforms,” he told Bernama.

    On the local news, he said, Prime Minister Datuk Seri Najib Tun Razak’s statement that Malaysia gross domestic product would be higher than 4.2 per cent this year should be supportive for market sentiment.

    Nazri said this showed that the economy was growing more than double the rates the International Monetary Fund had predicted for advanced economies while showing that Malaysia was firmly on the path to become a high-income nation.

    On the technical front, he said, immediate uptrend supports for the index were at 1,700 and 1,730.

    However, a convincing breach above 1,760 resistance would mean that the FBM KLCI would aim for the 1,780 and 1,800 levels.

    On a week-to-week basis, the FBM KLCI increased 0.55 of-a-point to 1,745.75 from 1,745.20 last Friday.

    The FBM Emas Index rose 24.52 points to 12,365.86, FBMT 100 Index was up 20.7 points to 12,017.00 and the FBM Emas Syariah Index gained 45.52 points to 12,772.75.

    On a sectoral basis, the Finance Index added 8.08 points to 15,748.07 and the Industrial Index rose 8.43 points to 3,272.24.

    The Plantation Index was 4.94 points weaker at 8,156.67.

    Weekly turnover surged to 22.23 billion units worth RM15.24 billion from 19.39 billion units worth RM17.22 billion last week.

    Main Market volume narrowed to 14.74 billion shares valued at RM15.16 billion from 15.10 billion shares valued at RM16.53 billion previously.

    Warrant turnover rose to 1.23 billion units worth RM149.62 million from 1.22 billion units worth RM148.94 million last week.

    The ACE Market increased to 5.98 billion shares worth RM897.82 million from 3.0 billion shares worth RM523.39 million previously.