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Luxury Malaysia
20 Dec 2010 - Malaysia is carving a niche as a destination for luxury goods shopping, said Tourism Minister Datuk Seri Ng Yen Yen. She said shoppers had much to look forward to as Malaysia would be a duty free haven for most luxurious goods, including watches and jewellery per 1st January 2011. "It is important to ensure an enabling environment for the industry." The Ministry targets to have 36 million tourists and RM 168 billion in tourism receipt by 2020, and it expects 35% to be from shopping receipts. There is a plan to built a 6 km long walkway in the Bukit Bintang area which also help encouage shopping and boost sales. KL has already opened its Starhill Gallery, with many luxury brands under one roof, but from what I hear the formula does not work well. Bukit Bintang looks more like a building site than a luxury shopping area.
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