Category: Living

Retail Asia12/10/2018
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3min0
Hanoi plans to upgrade the Hang Day stadium into an international sports complex for the SEA Games 2021. Capital city authorities have outlined this plan in a recent report to Prime Minister Nguyen Xuan Phuc, saying the upgrade is required because the condition of Hang Day stadium on Trinh Hoai Duc Street has severely deteriorated […]

Retail Asia12/10/2018
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4min0
Japanese anti-brand retailer Muji will open a new global concept store in Tokyo’s Ginza district next April. Besides a seven-storey Muji Ginza retail store, the company will open a Muji Hotel, a gallery and community space and a Muji-branded Diner on the site. It will close its existing standalone Tokyo flagship store at Yurakucho on […]

Retail Asia12/10/2018
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3min0
South Korea’s jobless rate rose slightly in September due to a fall in employment in the retail and restaurant sectors, with poorer-than-expected job creation continuing, government data showed Friday. The unemployment rate stood at 3.6 percent last month, up 0.3 percentage point from a year earlier, marking the highest rate for September since September 2005, […]

Retail Asia12/10/2018
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8min0
Just more than a year ago, I ate at Nahm, in Bangkok and walked out after paying barely US$60 for a tasting menu that currently ranks 49th on the World’s 50 Best Restaurants list. My grand, five-star hotel, the Anantara Siam, with its gilded murals and landscaped courtyards, cost US$150 a night, including a breakfast […]

Retail Asia12/10/2018
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3min0
Hotel and serviced apartment tariffs outside the city center are leveling off and on the brink of declining as a result of competition from apartments leased on Airbnb and others. CBRE’s senior director, Duong Thuy Dung, said since 2016 a total of nearly 100,000 apartments have been built and sold in Saigon, and a large […]

Retail Asia12/10/2018
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6min0
They are also saying that an emphasis on education and raising awareness will have greater impact in dealing with the problem of liquor abuse. A draft bill on the prevention of dangers of alcohol being compiled by the Ministry of Health proposes a number of prohibitions, including: promotion in any manner of liquor with alcohol […]

Retail Asia12/10/2018
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3min0
Deputy Minister of Industry and Trade Do Thang Hai said Friday that national utility Vietnam Electricity (EVN) might need to cover an incurred cost of VND20.73 trillion ($892.18 million) between 2018 and 2019. This include incurred costs of VND5.48 trillion ($235.92 million) this year and projected costs of VND15.25 trillion ($668 million) next year, Hai […]

Retail Asia11/10/2018
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3min0
HealthXCapital launched Emerging Asia’s first healthcare-focused early stage VC fund, according to a media release sent on Thursday. Backed by Apollo Hospitals, Jungle Ventures, Eight Roads Ventures (the proprietary investment arm of Fidelity International), and other private investors, early stage venture firm HealthXCapital aims to fuel healthcare innovation in Asia’s emerging economies. Healthcare Has Not Kept […]

Retail Asia11/10/2018
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3min0
Research firm emarketer forecasts that video ad spend will reach $20 billion by 2020. Unfortunately for YouTube, rival video advertisement platforms (media types) are expanding. YouTube’s competition is increasingly coming from specialist platforms, such as Twitch and Instagram. Apple iTunes is also drawing from the population of music-video viewers who have traditionally helped differentiate YouTube […]

Retail Asia10/10/2018
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2min0
Singtel and four of its regional mobile associates have entered a collaboration agreement aimed at stimulating the gaming and eSports ecosystem in Southeast Asia, Australia and India. Singtel and wholly-owned Australian subsidiary Optus have signed agreements with India’s Bharti Airtel, Thailand’s AIS, the Philippines’ Globe Telecom and Indonesia’s Telkomsel covering areas including scaling up eSports, […]

Retail Asia10/10/2018
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2min0
Singtel has launched a new ultra-fast fiber broadband service targeted at gamers, which comes bundled with a dedicated gaming Wi-Fi modem. The new 1+1 Gbps Fibre Pro Gamer Bundle comes with the newly launched Razer Sila gaming router and a subscription to the WTFast Gamer Private Network service, which is designed to automatically connect gamers to the […]

Retail Asia08/10/2018
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1min0
Daiso Philippines has opened a Sakura-themed flagship store in Robinsons Galleria, Quezon City. Following the first store in Tuguegarao, the new one is inspired by the Sakura flowers and the Japanese culture of minimalism. The interior is designed with the elements of pale-coloured wood and stainless steel, with contrasting pink-coloured products, most notably Hello Kitty-themed […]

Retail Asia08/10/2018
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1min0
Falling sales by Tesco Thailand impacted the UK parent company’s first half results released overnight. Like-for-like sales across Asia – which also includes the neighbouring Malaysia stores – fell by 4.8 per cent, explained by the company’s decision to exit its unprofitable Tesco Thailand cash-and-carry business. But the company’s profit in Asia fell by 29.1 […]

Retail Asia05/10/2018
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2min0
Tencent and Hillhouse Capital have invested RMB1 billion (US$146 million) into fast-growing Chinese discount retailer Miniso. Founded just five years ago, Miniso has already grown to more than 3000 stores worldwide using what it describes as a “high quality, low price” philosophy. Three years ago, the China-headquartered retailer which pretends to be Japanese in its […]

Retail Asia05/10/2018
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2min0
Malaysia Airlines and Jet Airways have expanded their codeshare agreement to offer consumers a wider network of destinations effective Sept 24. Malaysia Airlines said in a statement that the wider network covers new routes with departures from Mumbai and Hyderabad to cities in India as well as Southeast Asia destinations including Hong Kong, Bangkok and […]

Retail Asia05/10/2018
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10min0
Lotte Group Chairman Shin Dong-bin is due to receive his appeals court sentence tomorrow. The leader of Korea’s largest retail conglomerate is facing up to 14 years in jail. Shin has already served eight months of the 30-month sentence he received over charges of bribing former President Park Geun-hye to curry favor during her administration. […]


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