KUALA LUMPUR: IKEA, the Netherlands-based furniture retailer, will be setting up a regional distribution and supply chain centre for Asean in Malaysia, with an investment of RM908 million.

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Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners ...

For Ikea, the king of cheap furniture, this presents an opportunity to shine. The chain has spent over 2 billion euros ($2.1 billion) on cutting prices on its most popular products to lure cash ...

In Germany, IKEA now generates about a quarter of its sales online. Online visitor numbers increased by 15% compared to the previous year, reaching 252.6 million and outpacing the stores which saw ...

Anyone who has been to Ikea knows no trip is complete without a plate of meatballs or a loaded hot dog in the cafe. Fancy one of the Swedish chain’s signature dishes but don’t need any furnitu ...

Most Malaysians understand the value of savings, as evidenced by the share of banked population in the country, which was among the highest in Southeast Asia, at 90 percent in 2023. With such a ...

The insurance industry in Malaysia is divided into life and non-life, also known as general, insurance. The non-life sector consists of different types of insurance, including medical or health ...

KUALA LUMPUR: As Malaysia prepares for National Day and Malaysia Day celebrations this year, a new logo and theme have been launched in the lead-up to the events. In a ceremony at Angkasapuri here ...

Beyond its famous meatballs and convenient flat-pack furniture, IKEA has been expanding rapidly into smart home tech over the last few years. In 2024 alone, the retailer launched three new smart ...

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The holidays are a magical time, but they can also bring the pressure to go above and beyond—often at a steep cost. But ...