English

KUALA LUMPUR (June 5): Malaysia’s online retail market is expected to grow by 23% per year through to 2021, driven by electronics and media, according to management consulting firm A.T. Kearney.

In the firm’s 2017 Global Retail Development Index released today, Malaysia ranked third among the top 30 developing countries for retail investment worldwide, with India topping the list, followed by China.

The firm said the 23% online retail growth will account for 40% of total online sales in 2017, citing the government’s plan spend US$280 million to roll out high speed broadband access to rural areas beginning last year as a boon for e-commerce expansion in the country.

“Tourism is a cornerstone of the government’s long-term growth plan, and the number of tourists is projected to grow from 26 million in 2016 to 36 million by 2020, especially boosted by Chinese tourists who have been granted visa-free entry since March 2016,” the report said.

“Japanese retailer Aeon is set to triple its number of stores in Malaysia to 150 within three years. FamilyMart Malaysia is aiming to open 1,000 stores by 2025, and 7-Eleven also plans to expand,” it added, saying that foreign companies have been aggressive in tapping into the convenience store segment.

The firm also cited Malaysia’s plans to be a hub for cross-border e-commerce, as it set up the world’s first Digital Free Trade Zone in partnership with Alibaba, which will see the international e-commerce giant set up a regional fulfilment hub in Kuala Lumpur that will allow small and medium-sized entities to fulfill their online transactions through Alibaba.

Source: The Edge Markets

It is not a news that building more affordable homes for the young generation to buy has become a hot topic raised by the government in recent years. But, should you be happy about it? If you are thrilled to know about this, I’d suggest you to hold your excitement up to this point because there are more to do about the government’s affordable homes plan.

If the government have to come out with a plan to build and offer more affordable homes, it is to show that the properties in the market have become unaffordable to most people, especially the young ones; that is why the government ARE FORCED to come out with the affordable homes plan. This issue hasn’t been getting any better, on the contrary, it is getting worse if not worst yet. Why? Because people chose to stay at their own comfort zone. They are reluctant to take the challenge to step out of their comfort zone and step up to the next level up.

Find a stable full time 9 – 5 job and getting paid monthly steadily has been in our mind since we were young, thanks to our parents. That was nothing wrong about this belief because it really worked well for our parents during their time. That’s why they educated and led us to build our career and future in such a way.

Unfortunately, the world has changed at a rapid pace, the good old days are long gone. Many people find that their income increment rate isn’t compatible with standard economic growth. Staying in the comfort zone isn’t a good way to keep up with standard living style anymore, we have not even come to lifestyle that you had once dreamed of.

Exploring more options and giving yourself a challenging career path at a younger age will definitely help to shape your future better. Many people have a false perspective about becoming a real estate agency. Let us share a few important points about picking up real estate agent as your career.

Most job searchers like you are desperately getting a good job with fabulous paycheck, nobody will deny it. Unfortunately, the scammers know this better than anybody else.

There are many creative ways have been used by the scammers, and the researchers have defined the scams in 2 common tricks used by the scammers.

1. Emails, too good to be true

Emails claims that they found your resume on the major job search websites or their company website, etc.

In the email, the sender says that you are the perfect candidate for a vacancy in their company, and they are very interested in hiring you, immediately.

Next, they will ask for your personal information for pre-employment process (i.e. EPF, SOCSO, PCB), so that they can bring you on board as a new employee. All the scammers want is to obtain your sensitive information.

2. Fake Jobs on Social Media

Fake jobs are all over social media platforms today, thanks to the rapid development of information technology.

Social Media is the biggest pool for the scammers to fish their prey now. Scams are sent out in shortened URL from fake accounts. These shortened URL will lead to a fake website site or page.