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Author: Retail Asia

Retail Asia24/01/2022
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Living

Manufacturing, IT firms rush to recruit workers

3min0
Manufacturing and tech companies are rushing to recruit workers as foreign companies show rising interest in setting up or expanding their factories in Vietnam. Electronics manufacturer Jabil Vietnam is recruiting 500 workers in Ho chi Minh City, with a bonus of VND3.3 million ($145.62) promised to each new employee. Other companies in Saigon Hi-Tech Park […]
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Retail Asia24/01/2022
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Food

Vietnam steps up dragon fruit exports to Australia

2min0
Large volumes of dragon fruit are being exported to Australia though it is currently the harvest season there for the fruit. Twenty-eight tons were shipped to Western Australia and South Australia last week by 4 Ways Fresh and Australia Flower, according to the Vietnam Trade Office in Australia. Australia Flower is set to export another […]
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Retail Asia24/01/2022
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Automotive

Self-Driving Sensor Maker Luminar Shares Rally On Mercedes-Benz Tie-Up

3min0
Luxury carmaker Mercedes-Benz will partner with self-driving sensor maker Luminar Technologies Inc to enable fully automated driving on highways for its next-generation vehicles, Luminar’s founder said. Luminar shares surged 18% at $15.89 on Thursday. Luminar said Mercedes-Benz will have 1.5 million shares in Luminar, which will vest over time when certain milestones are met. Vehicle […]
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Retail Asia24/01/2022
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General

Malaysia’s AirAsia eyes air cargo carrier

1min0
Malaysia’s flagship budget airline AirAsia Group is in early acquisition discussions for air cargo carrier Raya Airways to beef up its logistics business, The Edge Weekly reported on Saturday (Jan 22) citing sources. The business weekly said the airline has approached businessman Ishak Ismail whose family owns Raya Airways, to acquire the carrier, and are […]
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Retail Asia24/01/2022
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Telecom

China Mobile and ZTE complete first URLLC live network verification

3min0
ZTE together with China Mobile Research Institute, the Guangdong branch of China Mobile, and MediaTek, has completed all the test items of URLLC key technologies in Guangzhou, China. This is the first URLLC (ultra-reliable low-latency communication) verification on the live network in the industry. The verification, by virtue of ZTE’s end-to-end network equipment and MediaTek’s […]
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Retail Asia21/01/2022
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Food

MissFresh acquires unmanned retail company Zailouxia

2min0
Missfresh took control of Zailouxia, a chain of unmanned convenience stores on January 7 and now has over 10,000 vending machines in nine cities in China. Zailouxia, which means “on your doorstep,” was founded in 2017 by ZHANG Ying, who also founded a grocery app Bee Quick in 2014. Zailouxia had four rounds of financing […]
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Retail Asia21/01/2022
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Finance

Julius Baer Taps UBS for Spanish Team

2min0
The Swiss private bank is expanding in Madrid with a bid to win more Spanish independent wealth managers. Zurich-based Julius Baer is hiring Claudia Linares to development business in the market with Spanish intermediaries, it said in an emailed statement on Thursday. She held a similar role at UBS in Madrid for the last four years. Jorge Saavedra Doménech and Carlos […]
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Retail Asia21/01/2022
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Food

Popeyes launches in India as Asian footprint grows

4min0
American fast-food chain Popeyes has partnered with Indian foodservice company Jubilant Foodworks to expand its business in Southeast Asia. Jubilant Foodworks will develop and open hundreds of Popeyes restaurants across India, Bangladesh, Nepal and Bhutan in the coming years. Under this multi-country agreement, Jubilant has exclusive rights to operate and sub-license the Popeyes brand in […]
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Retail Asia21/01/2022
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Food

Danone releases high-protein YoPro frozen dessert tubs

2min0
Danone’s YoPRO has today released an ice cream-style dessert option into it’s high-protein snack range. The introduction of Ice Cream-style Dessert Sticks follows YoPRO’s recent release of the Nut Protein Bars, as the brand continues to expand into growing product formats outside of its traditional yogurt range where protein and natural options are important. Available […]
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Retail Asia21/01/2022
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Automotive

This Is The World’s Fastest All-Electric Aircraft

2min0
Rolls-Royce’s all-electric ‘Spirit of Innovation’ aircraft is officially the world’s fastest all-electric aircraft, having set two new world records which have now been independently confirmed. The aircraft reached a top speed of 555.9 kmph over 3 kilometers, smashing the existing record by 213.04 kmph. In further runs at the UK Ministry of Defence’s Boscombe Down […]
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Retail Asia21/01/2022
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Startups

Singapore education institution and Nvidia launch AI training for students

4min0
Singapore’s Institute of Technical Education (ITE) and Nvidia have entered a three-year partnership to collaborate in enhancing AI training for ITE students, through a jointly developed AI workforce readiness programme. This involves the establishment of an AI training facility at ITE College Central, which hosts Nvidia’s supercomputing platform. Called AiTE, it serves as a living lab […]
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Retail Asia21/01/2022
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General

Tobacco giant pursues green growth

7min0
The circular economy model helps production and business activities develop sustainably and creates added value ​​in the community, said a representative of British American Tobacco (BAT). Vietnam has been integrating more and more deeply into the global economy through free trade agreements that include provisions on sustainable development and oblige all parties to comply with […]
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Retail Asia21/01/2022
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General

TikTok is testing paid subscriptions to allow creators to charge for their content

2min0
A TikTok spokesperson said that TikTok is testing paid subscriptions. This new feature would allow TikTok creators to charge followers with a subscription to their content. TikTok’s spokesperson didn’t provide specific information about the testing and how this new feature may work. The spokesperson also didn’t provide any information about pricing or possible subscription plans. Currently, […]
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Retail Asia20/01/2022
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Food

How Subway keeps it fresh

22min0
For the longest time, we’ve been hearing the same tagline from Subway: Eat Fresh! Since its inception in 1965, it’s what the brand wants us to associate with when consuming their footlong subs: only the freshest and the healthiest ingredients are used to make them. And it works! After all, we can’t help but cave into the […]
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