Category: General

Retail Asia01/09/2020
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3min0
AirAsia’s founder Tony Fernandes is building what he hopes will be the region’s next “super app” as he deals with the coronavirus travel downturn. He wants to rival the likes of Grab, GoJek, and WeChat with an all-in-one app for food delivery, shopping, payments, entertainment, and travel. As the airline’s boss, he has been looking […]

Retail Asia31/08/2020
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2min0
The Philippines’ largest national flag carrier, Cebu Pacific (CEB), has enhanced its Manage Booking portal to allow passengers to easily update their contact information after booking has been finalized. This is available for both passengers who booked online or through a travel agency. “Now more than ever, we have seen how important it is for […]

Retail Asia31/08/2020
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1min0
Convenience-store chain 7-Eleven Malaysia has maintained its profitability despite the impact of the coronavirus pandemic. Profit for the first half of the current financial year from the brand’s convenience-store and pharmaceutical businesses hit US$5.8 million and $1.4 million respectively. The group’s consolidated profit after tax for the half-year was $3.35 million. The business remained healthy […]

Retail Asia31/08/2020
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2min0
The Philippines’ leading carrier, Cebu Pacific has enhanced its Manage Booking portal to allow passengers to easily update their contact information after booking has been finalized.  This is available for both passengers who booked online or through a travel agency. “Now more than ever, we have seen how important it is for airlines to have […]

Retail Asia26/08/2020
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3min0
Thai F&B and experiential retailers are likely to open fewer stores or downsize in scale for the remainder of the year following an unprecedented hit to the industry brought on by the coronavirus pandemic. The sobering view of Thai retail’s prospects for the remaining months of this year came out of a new CBRE research […]

Retail Asia25/08/2020
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7min0
Budget airline AirAsia Group Bhd saw revenue from its e-commerce platform, AirAsia.com, rose 118% year-on-year in the first quarter of this year as it rolled out new offers, promotions, flights and hotel bundle packages. “As travel continues to gradually resume, more activities are authorized… which in turn will support the growth of our non-airline business […]

Retail Asia25/08/2020
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4min0
Notable Chinese retailtech firms are small in size, heavy on IT personnel, and largely located around the Beijing-Tianjin-Hebei and Yangtse Delta region, according to a new report. The study was released by international audit, tax, and advisory firm KPMG in partnership with the China Chain Store & Franchise Association to identify the top 50 high-growth […]

Retail Asia25/08/2020
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2min0
AirAsia.com, Asean’s fastest-growing travel and lifestyle e-commerce platform, and Agoda, the world’s leading digital travel platform, have announced a strategic partnership to spur travel activity in Southeast Asia and strengthen AirAsia’s super app offering. The partnership between the two major online travel service providers in the region harnesses the synergistic strengths of both digital platforms, […]

Retail Asia24/08/2020
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2min0
Fancl Asia distributor CMC Holdings is reportedly looking to sell the business in a deal that could be worth as much as US$1 billion. According to a Reuters report, Hong Kong-based CMC, owned by Chris Chan, has engaged Morgan Stanley to approach private-equity investors and other prospective buyers for the business, which operates more than […]

Retail Asia21/08/2020
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1min0
Malaysia’s retail sector is projected by the government to reach 80-per-cent recovery this year, up from the current 70 percent. Statistics department figures showed improved employment numbers during the recent period since the lifting of Malaysia’s movement control order to counter Covid-19. The country’s unemployment rate was down by a record 5.3 percent month on […]


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