Tag: Industry

Retail Asia17/05/2022
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5min0
Singtel has unveiled iSHIP, an all-in-one platform providing critical satellite-enabled connectivity and digital services for the maritime industry. iSHIP’s integrated services for crew and fleet management allows ship managers and owners greater flexibility and visibility of their resources and operations, enabling better well-being of the crew, vessel safety, and operational efficiency. Presently, nearly 90% of […]

Retail Asia22/04/2022
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8min0
Industrial fasteners cover a wide range of small yet essential tools that connect and secure two or more items. Although screws and bolts are the first things that come to mind, there’s one that’s widely used across several industries. They’re used in land, air, and sea equipment and are vital in ensuring the safety of […]

Retail Asia01/12/2021
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2min0
Vinomofo has purchased Melbourne-based events company Revel in an effort to better ingrain itself in the events industry – betting that as life in Australia continues to move toward normality, more Australians will want to get out and attend in-person events. Vinomofo chief executive Paul Edginton said the deal will give the online wine firm’s […]

Retail Asia04/11/2021
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5min0
The Flexible Plastic Fund is a UK industry first and is being led by producer compliance scheme, Ecosurety, with support from the environmental charity, Hubbub. In collaboration with manufacturers, retailers and recyclers, the fund intends to improve flexible plastic recycling and reduce plastic pollution by giving the material a stable value. This will in turn increase […]

Retail Asia26/04/2021
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2min0
High costs and delivery failure rates continue to plague local logistics companies, which are unable to compete with foreign-owned rivals. Dao Trong Khoa, vice president of the Vietnam Logistics Business Association (VLBA), said the cost of logistics in Vietnam is equivalent to 20 percent of GDP while the global average is around 11 percent. The […]

Retail Asia04/03/2021
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3min0
Vietnam’s steel industry is expected to recover this year with rising export orders, thanks to improved global demand and surging domestic consumption. Market leader Hoa Phat Group last month exported over 12,000 tonnes of products, mostly cold-galvanized steel, to North and South America. This followed an export of 10,000 tonnes in January to Belgium and […]

Retail Asia07/02/2020
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4min0
Fashion companies around the globe have been urged to avoid ‘greenwashing’ as they “fall over themselves” to make sustainability claims. While retailers and labels like Sainsbury’s and Fat Face have publicly committed to cutting emissions across their operations by 2040 and 2025, respectively, GlobalData apparel correspondent Michelle Russell warns they risk accusations of ‘greenwashing’ when […]

Retail Asia16/08/2019
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4min0
After denting the auto sector’s profitability, the consumption slowdown along with the upcoming shift to BS VI standards will further decelerate production, leading to eventual job losses. Industry insiders point out that slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages, and liquidity constraints, has led to the month-on-month sales […]

Retail Asia17/06/2019
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3min0
Zara owner Inditex has named chief operating officer Carlos Crespo as its new chief executive to spearhead a bigger push into e-commerce. Crespo will continue in his existing position until his appointment as CEO becomes effective in July, when he will begin taking some of the responsibilities currently held by executive chairman and current CEO […]

Retail Asia14/05/2019
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2min0
ZTE, China Telecom and industrial equipment company Zhejiang Supcon have jointly developed a 5G-enabled industrial service platform designed to allow specialists to remotely assist on-site maintenance personnel. The Plantmate service platform allows on-site maintenance personnel to use augmented reality glasses equipped with high definition cameras to send real-time high definition images back to specialists over 5G. These specialists can […]

Retail Asia29/03/2019
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5min0
The core of the doi moi (renovation) in Vietnam is the shift from single-ownership into a multi-ownership economy, where the central planned regime no longer exists. The 1987 Law on Foreign Investment, the 1990 Corporate Law & the Law on Private Enterprises, and the 1999 Enterprise Law have encouraged the development of Vietnam’s private economic […]


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