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18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )
11/04/2024 Samsung adds more language availability within Galaxy AI ( Electronics )
11/04/2024 YouTube Music promises Podcasts will get better on the platform ( General )
09/04/2024 WhatsApp to roll out new photo library shortcut for faster sharing ( General )
09/04/2024 Google Messages will soon start to warn you when tapping on links sent by unknown senders ( General )
08/04/2024 Siri might end up King in the realm of digital assistants after iOS 18 AI makeover ( Electronics )
05/04/2024 Google’s “Find My Device” network reportedly launching in 3 days ( General )
04/04/2024 Instagram, Facebook, Whatsapp users are reporting a “Major Disruption” worldwide ( General )

Retail Asia15/02/2016

Singapore-based shopping mall investment company CapitaLand Retail China Trust (CRCT) grew its income last year by 10.3 per cent to S$89.2 million ($63 million) from S$80.9 million. With China’s economy growing 6.9 per cent last year, the company’s retail sales drew 10.7 per cent of RMB30.1 trillion ($4.58 trillion), reports CRCTML chairman Victor Liew (CRCTML […]

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Retail Asia13/02/2016

Earnings plunged 85 per cent at developer Wing Tai Holdings in the second quarter due to the absence of a one-off gain in the corresponding quarter last year. The group had recorded a gain of $21.1 million on the disposal of a property subsidiary in Indonesia in the same period a year ago. Net profit […]

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Retail Asia13/02/2016

Regent Asia Group Ltd is anticipating a strong increase in duty free revenue over the next few years and expects to double sales by 2018. With the company’s number of luxury duty free brand boutique outlets due to grow quickly over the next 12 months, Regent Asia is targeting a double-digit increase in duty free […]

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Retail Asia12/02/2016

Global design company Benoy is expanding its portfolio in The Philippines, confirming five new commissions while completing two schemes. A studio of architects, masterplanners, and interior and graphic designers, Benoy has been working in the region for more than a decade. “The Philippines is one of the strongest economies in Southeast Asia, and it has […]

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Retail Asia11/02/2016

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It will benefit from increased consumption. CapitaLand Retail China Trust is still poised for growth despite China’s slowing economy, according to a report by DBS. Although investors are currently fearful of the slowdown in China’s GDP growth, DBS said that RCT should remain well positioned as it should benefit from China’s move towards a consumption-based […]

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Retail Asia10/02/2016

They are held under one “right to build” title certificate as the local government is not allowed to subdivide the property and issue separate strata title certificates. Siloam Hospitals Yogyakarta offers 240 hospital beds, while Lippo Plaza Yogya offers a 66,098-square-meter gross floor area (35,965 square meters for the mall area and 30,133 square meters for parking), which […]

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Retail Asia10/02/2016

At least seven companies of India’s oldest conglomerate, Tata Sons, have zeroed in on Vietnam and Myanmar as markets that need to be penetrated into. Growing economies and an expanding middle class, as well as pacts with global powers and tax incentives have made these countries important for firms that seek to reach out further […]

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Retail Asia09/02/2016

Capitaland Retail China Trust (CRCT) reported on Thursday (Feb 4) a 4.4 per cent rise in distribution per unit (DPU) to 2.59 Singapore cents for its fourth quarter ended Dec 31, 2015 from 2.48 cents for the year-ago quarter. Gross revenue increased 6.7 per cent to S$56.2 million while net property income rose 5.2 per […]

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Retail Asia07/02/2016

Some changes could be afoot at Capitol Singapore after it has been hit with a depressed retail environment. Landlord Perennial Real Estate on Friday (Feb 5) said it is looking at ways to help tenants. CEO of Perennial Real Estate Holdings Pua Seck Guan, said: “The retail sector is not easy now, because a lot […]

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Retail Asia07/02/2016

This new store will have a sales turnover target of W130bn ($109m) in the first year and will also complement Lotte’s existing small joint-venture retail presences at Kansai Airport and also at the Tokyo Ginza Mitsukoshi downtown store – as reported back in September 2014. Lotte Duty Free said it will now open its Osaka […]

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Retail Asia06/02/2016

First Reit has entered into a joint venture with Lippo Malls Indonesia Retail Trust (LMIRT) to jointly buy an integrated development in Yogyakarta, Indonesia, from their sponsor PT Lippo Karawaci Tbk. The property comprises Siloam Hospitals Yogyakarta (SHYG) and a retail mall component known as Lippo Plaza Jogja (LPJ). The purchase consideration for SHYG at […]

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Retail Asia05/02/2016

At least 51 strata retail transactions have crossed the $10,000 psf mark, based on URA’s caveat data so far. These transactions took place as far back as 2005 at just nine developments: Alexandra Central, Centrepoint, Far East Plaza, Lucky Plaza, Novena Regency, Pavilion Square, People’s Park Complex, Sim Lim Square and The Arcade. A 43 […]

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Retail Asia05/02/2016

Hang Lung Properties chairman Ronnie Chan Chichung said on Thursday the developer cut its final dividend for the first time in 16 years amid weak sales in Hong Kong and the poor retail outlook in China would be a headwind over its prospects going forward. On Wednesday, Hang Lung said core earnings plunged 56 per […]

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Retail Asia04/02/2016

Growing ranks of Hong Kong landlords are renting out retail space for as little as 90 days to ride out the downturn. The number of short term Hong Kong leases has risen sharply since November, according to property agent Midland IC&I. The trend began in the lead up to the Christmas-New Year retail peak when […]

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Retail Asia04/02/2016

The increase in housing sales in several regions of Indonesia is a positive sign of growth in the countrys property sector, according to Indonesia Property Watch (IPW). “Research conducted by the IPW on the housing sector in the fourth quarter of 2015 revealed a 16.6 percent growth compared to that in the previous quarter,” Ali […]

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Retail Asia04/02/2016

Soilboild Construction Group announced on Tuesday that it has attained a design and build contract worth about US$9.4 million to carry out addition and alteration works at St John Shopping Center in Yangon, Myanmar. The project was awarded by a joint venture between two companies in Myanmar which have activities in retail and real estate […]

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Retail Asia04/02/2016

Benoy, the global studio of Architects, Masterplanners, Interior and Graphic Designers, announces its expansion across the Philippines as the firm’s portfolio grows with new and built projects. Benoy is excited to confirm five new appointments as well as welcome the completion of two schemes in the island nation. Benoy Director Stephen Chow commented on the […]

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Retail Asia04/02/2016

The 93-year-old founder of South Korean retail giant Lotte Group walked into a court hearing on Wednesday to prove that he still remains healthy, which has emerged as a critical factor in the bitter family feud between his two sons. Shin Kyuk-ho appeared at the Seoul Family Court after his younger sister claimed her aging […]

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Retail Asia04/02/2016

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GuocoLand held the topping-out ceremony of its $3.2 billion Tanjong Pagar Centre on Jan 13. Standing at 290m, it is Singapore’s tallest tower and the latest landmark at Tanjong Pagar. The mixed-use scheme will have a total of 1.7 million sq ft when completed and will be integrated with the Tanjong Pagar MRT interchange station. […]

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Retail Asia04/02/2016

As you look into the condo market in Malaysia, always keep in mind that you should exercise utmost care. Remember, that although a condominium may appear aesthetically stunning and neat from the outside, some condo buildings are dens of problems arising from poor construction to mismanagement and unexpected repairs left unattended due to a lack […]

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