Malaysia Year End Sale 2009
Mega Sale Season Is Back- Shopping!
Attention to all shopaholics, the Malaysia Year End Sale (M-YES), is going to be back, from from 21 November 2009 until 3 January 2010!
This is a much-anticipated celebration of Shopping, Dining and Entertainment. During these M-YES celebrations period, do expect to see many tourists especially from the Middle East flocking the country looking for great bargains on variety of items.
Malaysia always has the advantage of being a Competitive and Popular Shopping Destination because a lot of goods are sold at “value-for-money” prices.
Generally people has Misconception thinking that duty-free shopping is only available in Langkawi, Labuan and at airport terminals.
In fact many shopping items such as Cosmetics, Electronics, Computers and Watches in Malaysia, were duty-free anywhere in the country.
Do expect items like apparels, accessories, dining, home decor, leisure and holiday packages will be offered at discounted prices.(value-for-money Deals)
I admit Shopping can be Fun, Addictive and a source of Excitement(Retail Therapy).
Therefore Manage your Finance and Spending wisely i.e Do Not Blow Out your Credit cards 😀
Malaysia Year End Sale (M-YES)
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EXCITING YEAR-END DEVELOPMENT IN MALAYSIAN TOURISM
The year may be drawing to a close, but by the looks of it, the pace of tourism doesn’t seem to be slowing down!
This is definitely reflected in the huge increase in tourist arrivals last month, i.e. 2,078,485 tourists visited Malaysia in October, marking a significant increase of 14.3 per cent in tourist arrivals compared to 1,818,304 arrivals received in October 2008.
Minister of Tourism, Dato’ Sri Dr. Ng Yen Yen said, “We are happy with this increase in tourist arrivals despite the global challenges that the tourism industry has to contend with. It just goes to show that with strong support from tourism industry partners both locally and overseas, and our continuous promotions in all our focus markets, we are able to rise up above the challenges and make this significant contribution to our national economy.”
The UNWTO World Tourism Barometer Worldwide had earlier forecasted international tourist arrivals to decline by 7% between January and August 2009. The healthy growth of Malaysia’s tourist arrivals these past few months bodes well for the nation’s year-end prospects.
The top ten markets contributing to the increase in tourist arrivals for October 2009 are from the following countries, i.e. Singapore (1,104,415), Indonesia (223,238), Thailand (143,973), China, including Hong Kong and Macau (95,235), Brunei (75,517), Australia (56,601), India (54,206), UK (38,842), the Philippines (37,902) and Japan (35,028).
Among the top ten markets, the five markets that have recorded most significant growth were Australia (47.4%; 56,601), China (27.4%; 95,235), Singapore (24.4%; 1,104,415) , UK (23.1%; 38,842) and India (20.9%; 54, 206).
Markets that recorded the most significant declines include: South Korea (-26.1%); United Arab Emirates (-24.4%); Saudi Arabia (-15.3%); Brunei (-14%); and Japan (-12.6%).
Cumulatively, tourist arrivals from Jan to Oct 2009 stand at 19,456,525, a 7.2 per cent increase compared to the same period in 2008 which recorded 18,148,159 tourist arrivals.
CONTRIBUTION OF SHOPPING ACTIVITY TO ECONOMY
As a sub-sector or segment of the tourism industry, the shopping industry has a significant role to play in the economy. As it is, shopping holds the second biggest share of tourist expenditures after accommodation, with its contribution of RM13,282.4 million in 2008, compared to RM12,254.6 million in 2007, signifying an increase of 8.4%.
In 2000, when the first Malaysia Mega Sale Carnival was organised, shopping only constituted 23.1% of total tourist expenditures. Last year, it constituted about 26.8% of total tourist expenditures.
Malaysia’s retail industry growth rate in the past few years has been growing strong. In 2007, the Malaysian retail industry was worth RM67.1 billion, a 12.8% growth rate in sales compared to 2006. While in 2008, it was worth RM70.4 billion, a growth of 5% from 2007. This year, with the global economic recession, etc. growth rate is only expected at 3%.
During the 59 days of the Malaysia Mega Sale Carnival 2008 (5 July – 1 Sept 08), MasterCard International recorded RM147.24 million worth of sales transactions made by foreign card holders, a 22.7% increase compared to RM120 million transactions in 2007. The figure for foreign tourist shopping would be higher if cash transactions are also taken into account.
However, it is not only the tourists who love to shop during the Malaysia Mega Sale Carnival, even Malaysians cash in on the bargains, too. MasterCard International reported that local card holders spent RM1,568.4 million (RM1.57 billion) during the sale period last year.
Meanwhile, the total number of transactions by MasterCard cardholders recorded during the Malaysia Mega Sale Carnival (MMSC) 2009 increased by 2 per cent from 15,992,714 to 16, 294, 837 transactions compared to the previous year.
M-YES CELEBRATIONS
The year-end excitement of school and winter holidays and festivities is clearly felt in Malaysia with shopping malls and retailers getting into a celebratory mood for the Malaysia Year End Sale (M-YES), a much-anticipated celebration of shopping, dining and entertainment from 21 November 2009 until 3 January 2010.
One of three major shopping seasons in Malaysia, M-YES is the end-of-year shopping event that wraps up the year with a bang! The other two being the Malaysia GP Sale that coincides with the Formula One Grand Prix in KL and the Malaysia Mega Sale Carnival during the summer holidays.
Dato’ Sri Dr. Ng Yen Yen said, “I believe that we are on target to reach 20 million tourist arrivals by the end of the year; these final quarter events including M-YES will certainly boost our tourism revenue. But whether there is a sale or not, I believe that tourists will find that Malaysia offers great value for money!”
Over 44 days, M-YES brings to visitors and shoppers in Malaysia a whole host of spectacular events and bargains. Organised by the Ministry of Tourism and Tourism Malaysia, the event has the support of the retail industry and related parties, the Ministry of Domestic Trade and Consumer Affairs, Malaysian Retailers Chain Association, Malaysia Retailers Association and the Malaysian Association for Shopping and High Rise Complex Management. In fact, M-YES 2009 will see some 350 retailers across the country participating by offering discounts and promotions on their goods and services.
Among the specials awaiting shoppers to Malaysia are the Privilege Cards at selected malls that entitle them to better bargains. They only need to present their passports and / or boarding passes at the customer service counters of participating malls in the Klang Valley. Look out too for Parkson’s Tourist Privilege Card, applicable at selected Parkson outlets.
We may not have snow in Malaysia, but a green Christmas can still be full of hot bargains. And shoppers can enjoy these hot deals as they shop in a festive ambience. During M-YES, shopping malls in the Klang Valley will be out-doing each other to beautify their premise according to the theme “A Fabulous Tropical Christmas, M-YES!” in order to bring home the title of “Shopping Mall Award” and “Best Window Display.”
Mid Valley City’s Christmas celebrations include Come-Meet-Santa charity event, Elves Workshop and gift bazaars. Queensbay Mall Penang is organizing the Rejoice! Christmas Caroling Contest from 4 to 6 December, while Pavilion KL has decorated its front entrance with huge Christmas trees complete with a lighted-up Santa sleigh!
The celebrations wouldn’t be complete without ushering in the New Year in a grand style. Pavilion KL will celebrate with a Royale Street Festival full of thrilling music, fun and entertainment, while 1 Utama will have a New Year Countdown at its Central Park Avenue with favourite artistes and spectacular fireworks!
Other attractive promotions during the M-YES 2009 include the “180 Minutes Shopping Madness” at Suria KLCC where shoppers have to look out for Santarina in order to win a shopping voucher valued at RM500; and the MasterCard promotion of a chance to win a Paris holiday with every RM500 charged to their card.
Besides the special discounts and promotions by retailers, it has to be remembered that Malaysia is a haven for duty-free products. Even though the two most popular duty-free destinations in Malaysia are Langkawi and Labuan, there are many duty-free shops located throughout the rest of the country.
CONCURRENT EVENTS
November and December are two months filled with various entertainment and exciting events. Catch the live concert by veteran Hong Kong Canto-pop singers, Alan Tam and Hacken Lee, on 28 November at Bukit Jalil Stadium. It brings together fashionable stage design, great audio visual effects, creative dance choreography, glitzy costumes and new song arrangements.
On 3 December, Grammy Award-winning R&B outfit, Earth, Wind and Fire, will rock Sunway Lagoon with a one-night only concert.
Dazzle, a mystifying journey of magic and entertainment is dazzling audiences at Genting Highlands. It features award-winning magic man from Cuba, Ernesto Planas, hand shadow master, Sonny Fontana and more.
On 6 December, the public can join in the Ministry of Tourism’s Cuti-Cuti 1 Malaysia Dance event at Merdeka Square to witness the medley of traditional Malaysian dances (zapin, Chinese, Indian, and Sabah and Sarawak ethnic dances) being performed by 12,000. The dance is expected to be performed at international events promoting Malaysia and its 1Malaysia culture.
Tennis fans can catch the Showdown of Champions 2009 – the Glam Slam on 19 December and see their favourite tennis stars in action, including Sania Mirza, Elena Dementieva, Maria Kirilenko, and Zheng Jie.
From 3 to 13 December, Asia’s largest luxury watch and jewellery showcase, A Journey Through Time, will come to Kuala Lumpur, featuring the latest and most innovative timepieces from 100 illustrious brands and renowned international watchmakers.
Coinciding with the M-YES celebrations is the event Fabulous Food 1Malaysia festival. In November, the FF1M celebrates the exotic and rich cuisine of Asean countries through the Asean Heritage Food Trail at Lot 10 and Avenue K. Meanwhile, from December 18 to 20, there is a showcase of Malaysian restaurants and street food at the Putra World Trade Centre.
For more information, kindly contact the Shopping Malaysia Secretariat at +603 2615 8188.
from:tourism.gov.my/corporate/mediacentre.asp?page=news_desk&subpage=Media_Releases&news_id=388
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YES! Year End Sales! Come back again! Shopping and spend your money at cheap price!
Malls can use more decoration
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KUALA LUMPUR: Shopping complexes here have been told to step up their year-end sales and festive season promotions to spur the tourism industry and local economy.
Tourism Minister Datuk Seri Dr Ng Yen Yen urged malls to invest in sprucing up their retail outlook, saying this could bring about benefits to their outlets and tenants.
“Tourism Malaysia can only promote the country’s tourism so much. But the (shopping complex) owners must do more to promote their properties,” she said after a walkabout in the Pavilion KL shopping centre here with ministry officers yesterday.
Dr Ng added that the private sector had to play its role to encourage consumer spending and domestic tourism.
She also said that she would take her ministry officers on walkabouts to other shopping complexes that were reported to have good decorations in order to see for themselves how the ministry could support the industry.
She said the visits were not done out of fear of not meeting previous year-end mega sales, but rather to exceed them.
“These shopping malls lead by example of what can be expected of Malaysia’s shopping culture. I can talk and talk but the shopping complex owners should invest in the decorations. The returns are obvious,” she said.
Dr Ng also said that Malaysian shopping complexes had better sales and provided the best value for tourists’ money.
“It is very difficult to compete with Malaysia on pricing,” she said.
from:thestar.com.my/news/story.asp?file=/2009/12/9/nation/5266914&sec=nation
A mega sale to sell F1 race
KUALA LUMPUR: The Malaysian GP Sale is scheduled to kick off on March 6 and will run for 37 days as a back-to-back event with the upcoming Formula 1 race.
The Malaysian F1 Grand Prix will be held on April 2 – April 4.
Tourism Minster Datuk Seri Dr Ng Yen Yen said the events to be held would include the Malaysia International Shoe Festival and KL Sunday 1Malaysia Family Fair at various shopping malls around the country.
She also said a Malaysian shopping taskforce would be set up as part of the plan to re-structure the Malaysian Mega Sale.
“The Malaysian Mega Sale has been on for 10 years. Now we want to move forward to structure it properly. Shopping is always structured within Tourism Malaysia,” she added.
“The ministry will look at policies and inter-agencies connectivity. For example, we will invite Kuala Lumpur City Hall (DBKL) to sit on the taskforce to do city decoration,’’ she told a press conference held at the Menara Dato’ Onn at PWTC yesterday.
“According to a newspaper report, Mita wrote a letter to the ministry dated Feb 8 this year, and because they didn’t get any reply they insisted on proceeding with the lion dance show.
“I must clarify, if there is no letter, there’s no answer,” she said, adding that Mita had only sent an invitation to a press conference at Matic on Feb 11 to announce the lion dance show
fr:thestar.com.my/news/story.asp?file=/2010/2/19/nation/5703418&sec=nation
Shopping frenzy Highs and lows of a sale
By NASA MARIA ENTABAN
LAST week, the annual Great Singapore Sale kicked off with a bang and many Malaysian shoppers made their way there to check out the bargains. Next month, you can expect Malaysian shopping complexes to be packed, too, as the country’s biggest sales event – the Mega Sale Carnival – begins.
During the sales season, most of us would rush to the shopping malls with the impression that we’ll be saving loads of money because most of the things would be available at discounted prices.
However, one needs to really figure out whether this habit actually helps us save money, or make us spend even more than we would normally do.
For some young people, a sale definitely gives them the chance to save more money. Student Wong Boon Ken says that he doesn’t usually shop throughout the year. Instead, he waits until the sales period to indulge in shopping.
“I usually stock up on new clothes during sales and make them last the rest of the year. In terms of value, sometimes it is not worth paying the full price for certain items (especially if they’re branded goods) as they will, more often than not, be sold at a discount eventually,” says Boon Ken, 21.
The only time he would ever pay the full price for items are when they are on limited edition, or stuff from stores that rarely hold sales promotions.
Another person who only shops during sales is events manager and actor Davina Goh.
“I would only shop for myself during sales. When friends compliment me on something that I’m wearing, they’re shocked when I tell them how much I bought it for,” said Davina, 27.
Davina added that she shops mostly for clothes and beauty products, and that she never buys these at full price.
“I like sales in that sense, because it encourages people to buy smart.”
The one thing that puts Davina off shopping during the sales period is the massive crowd in malls and the awful traffic jams.
“I dislike sales for the traffic jams they cause! I used to travel far and wide for warehouse sales, but now I’m not so keen,” she said.
As for Boon Ken, he thinks that distance and effort are not such big deals. Despite the traffic jams in shopping areas, difficulty in finding parking spots and the sometimes too-rowdy crowds, he still frequents sales whenever he can.
“I would definitely go for a sale even if it is inconvenient. Once, I travelled all the way from Seremban (Negri Sembilan) to a certain store in Kuala Lumpur before the shop opened, to make sure I could get hold of some clothes in my size,” said Boon Ken, who studies in Melbourne, Australia.
“When I was in Melbourne during the holidays, I planned days in advance on which shopping malls I’d go to for their famous ‘Boxing Day’ sale,” he added.
While he spends quite a bit during the sales, Boon Ken feels that it is justified.
“I would like to think that I save more, too, with all the fantastic deals and discounts,” he said.
That said, though, not everyone feels the same way as Boon Ken as there are some who feel that the few ringgit saved during a sale isn’t worth the trouble, or the wait. “I wouldn’t go to a sale if it wasn’t convenient, and I dislike people who push you around,” said Samantha Ong Eu Min, 19, of the fact that some people do tend to get physically rough during sales.
As much as she appreciates the discounted prices during a sale, Samantha said that she would rather pay for items at full price because she just cannot be bothered to hit the malls when there is a sale happening.
Samantha is not alone in this, as others like 20-year-old Nina Hidayat, too, doesn’t like spending time to look for bargains. Instead, Nina shops whenever she wants and needs to, but works around a budget. This means that she might get fewer items for the amount she is spending.
“I prefer to shop less and only get things I like rather than getting stuff just because they are cheap. Quality over quantity,” Nina shared.
The only time she buys items on sale is when she really likes something and not because it’s cheaper as she is not easily tempted by the low price.
Malaysian Retailer-Chains Association (MRCA) secretary general Valerie Choo observes that consumers these days are more savvy and smarter when it comes to shopping, and know what they want in a product and how to get it at a good price.
“They look for value-for-money products. Sometimes, they would wait for a sale before doing any major purchases,” she said. She noted that chasing sales and bargains are a big part of the Malaysian lifestyle, and also important as it drives the economy.
“One of the quiet contributors to the nation’s economy is the retail industry. Irrespective of local or foreign (tourists) consumers, the retail and services industry provide the stimulus for the economy,” explained Valerie.
“In today’s economic situation, sales happen mostly because they fulfill consumers’ needs,” she said, adding that sales are not “myths” which draw people into spending more money under the illusion of saving, but rather an option for those who do not mind waiting for the really good deals to fall into their laps.
“In this current economic climate, competitions among the businesses are stiff. Sales period are essentially where consumers have a wider choice of products at special prices,” said Valerie.
While sales do, in a way, “encourage” shoppers to overspend, the fact remains that nothing beats having your favourite brands and products sold at lower prices.
fr:rage.com.my/writeups/story.asp?file=/2010/6/9/rantnrage/20100608185256&sec=rantnrage