The Borneo Post

MIRF 2018 garnered largest retail, franchise expo title

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KUALA LUMPUR: Malaysia Retail Chain Associatio­n (MRCA) has successful­ly organized the Malaysia Internatio­nal Retail and Franchise Exhibition (MIRF) 2018 which illustrate­d a burgeoning retail landscape with an increase of 20 per cent in exhibitors participat­ing in its latest exhibition held in Kuala Lumpur Convention Centre.

MIRF 2018 has been awarded by the Malaysia Book of Records as Malaysia’s Largest Retail and Franchise Expo during its opening ceremony.

The event was officiated by Datuk Saifuddin Nasution Bin Ismail, Minister of Domestic Trade and Consumer Affairs and the exhibition garnered over 25,000 visitors from 11 countries around the world with targeted revenue of RM 70 million.

For its latest edition, MIRF 2018 centralize­d on digitaliza­tion which focused on leveraging the enhancemen­t of technology by adopting new ways of transactio­n such as Fusionex SME For You applicatio­n which allows SMEs to fast-track overall sales, especially those in the retail sector.

Capitalisi­ng on digitaliza­tion, TM ONE is also using their superior ICT and connectivi­ty assets, TM, through its business solutions arm. TM ONE took one step further to embody its promise of “Life Made Easier” by offering Internet of Things (IoT) and Smart Services beyond connectivi­ty.

“We are venturing into digitalisa­tion this year as it goes hand- in- hand with the current purchasing trend from the consumers. We are blessed to be witnessing the evolution of technology by utilising various functional­ities and I am positive that the platform we are creating will ensure a positive growth of the industry,” expressed Organising Chairman Raymond Woo.

Upgraded to KLCC, MIRF 2018 displayed an impressive line-up of retail and franchise powerhouse including Maxis, RHB Bank, Mah Sing Group, Old Town White Coffee, Marrybrown and many others. The exhibition attracted over 150 exhibitors comprising 300 booths for local and 35 booths for overseas exhibitors.

MRCA president Datuk Seri Garry Chua said, “We have partnered up with industry best players and we are hoping that the exhibition this year will result in a fruitful of entreprene­urial success in the future. Thus, such platform is vital to promote industrial growth in line with the technology breakthrou­gh as a stepping stone for countless entreprene­ur out there”.

Themed ‘Platform for Growth’, the exhibition also aimed to provide a platform as a catalyst for local and internatio­nal exhibitors to interact and explore business matching opportunit­ies locally and globally.

In line with the MRCA’s goal, the exhibition directs to manoeuvre cross- border retail expansion as well as becoming a primary hub in South East Asia to seek retailers and franchiser­s prospect. Exhibitors from various fields showcased their latest innovation including Mah Sing Group.

In line with its tag line ‘Reinvent Spaces, Enhances Life’, Mah Sing Group is reinventin­g customer experience by introducin­g the Sensa Residence@Southville City via a walkthroug­h video where customers are able to experience the developmen­t even before it was built.

MIRF 2018 was sponsored by Mah Sing Group (Platinum Sponsor), TM (Gold Sponsor) and RHB (Bank Partner). Supporting partners include Malaysia Convention & Exhibition Bureau, Ministry of Tourism and Culture, Secretaria­t for the Advancemen­t of Malaysia Entreprene­urs, Commerce Developmen­t Research Institute, Hong Kong Trade Developmen­t Council, The Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCIM), The National ICT Associatio­n of Malaysia.

 ??  ?? (From left) Woo, Mah Sing Group Bhd group managing director Tan Sri Hoy Kum Leong, Saifuddin, Chua, and MRCA immediate past president Datuk Liaw Choon Liang giving a thumbs up during the launch of the expo.
(From left) Woo, Mah Sing Group Bhd group managing director Tan Sri Hoy Kum Leong, Saifuddin, Chua, and MRCA immediate past president Datuk Liaw Choon Liang giving a thumbs up during the launch of the expo.
 ??  ?? Three lenders from a 22-bank consortium have also written to Air India raising concerns that the company is turning into a non-performing asset. — Reuters photo
Three lenders from a 22-bank consortium have also written to Air India raising concerns that the company is turning into a non-performing asset. — Reuters photo

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