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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia22/12/2021

News that the Foxconn factory near the city of Chennai in Southern India has closed means that iPhone production in the country will be negatively impacted. The plant churns out iPhone 12 models and factory workers have suffered through a bout with food poisoning which will leave the assembly lines shut down for the remainder of […]

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Retail Asia22/12/2021

Ducati has taken the wraps off its new MotoE project earlier than expected revealing the new V21L electric race bike at the Misano World Circuit. The electric race machine will power the grid in the MotoE World Cup starting in 2023. Ducati announced its intent to be the supplier for the series earlier this year […]

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Retail Asia22/12/2021

In an attempt to stop ongoing phishing attacks, Meta, formerly known as Facebook, filed a federal lawsuit in California court. Meta says that the attackers were trying to steal the login credentials of Facebook, Messenger, Instagram, and WhatsApp users. The attackers created fake login pages that looked like Meta’s social media platforms to obtain Meta’s […]

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Retail Asia22/12/2021

BNP Paribas is exiting its U.S. retail business providing its expansion plans with a financial boost. The French bank is selling its U.S. Bank of the West – for $16.3billion to Bank of Montreal, it said in a statement Monday With the sale proceeds BNP Paribas could be on the lookout to buy a smaller tech […]

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Retail Asia22/12/2021

UBS is accepting convictions against its French subsidiary while keeping its legal options open in a tax dispute with French authorities for the group. UBS will pay a 1.9 million euro ($2.1 million) fine to French authorities. Last week’s French court ruling against Switzerland’s largest bank entailed a guilty conviction over tax offenses and money laundering, a 3.75 million euro […]

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Retail Asia22/12/2021

Vietnam’s biggest e-wallet company, MoMo, said it had raised $200 million from four investors led by Mizuho Bank, pushing its valuation above $2 billion. The consortium of investors also comprised Ward Ferry Management and existing shareholders Goodwater Capital LLC and Kora Management, MoMo said in a statement Tuesday. The exact valuation of the company was […]

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Retail Asia21/12/2021

Vietnam’s garment and textile exports next year is set to remain the same as this year even in the worst-case scenario where the Covid-19 pandemic prolongs, an association forecasts. Vietnam Textile and Apparel Association (VITAS) anticipates export would reach $39 billion next year, the same as this year, if pandemic impacts are major and linger […]

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Retail Asia21/12/2021

As Chinese discount retailer Miniso opened its 5000th store this week, the company said it would rebrand all of its US stores $10 N’ Under. The 5000th store is located in Boston, and was one of four US stores to open on the same day. In a statement, the company said its expansion in North […]

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Retail Asia21/12/2021

McDonald’s is stepping back in time and reopening Australia’s first restaurant in Yagoona. Celebrating 50 years since the very first Macca’s opened its doors in December 1971, the new McDonald’s Yagoona will open on Friday and adopt its original 1970s prices. From 11 am to 1 pm on opening day the humble hamburger will be […]

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Retail Asia21/12/2021

Starbucks Korea has added a new location to its chain of Community Stores in the country, reaffirming its commitment to diversity, equity and inclusion. The store is Starbucks Korea’s first to focus on a design that creates an inclusive space and what the retailer describes as impactful programming to support members of the disability community […]

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Retail Asia21/12/2021

France’s Champagne producers are preparing to toast record annual sales, an unexpectedly brisk turnaround from last year’s pandemic-related troubles that is making them confident they can withstand the onset of the Omicron variant. Sales in 2021 are expected to top 5.5 billion euros ($6.2 billion), above a previous peak of 5 billion euros two years […]

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Retail Asia21/12/2021

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Instagram keeps on adding new features – such as the ability to post a 60-second video as a Story, and the planned content creators subscription service that is coming up soon. Now, just in time for the holiday season, the Facebook-owned company is adding three new features to the basket – Playback, Reel Visual Replies, and Profile Embed. […]

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Retail Asia21/12/2021

ZTE has been selected by China Telecom in the operator’s core router centralized procurement 2021, with the core router ZXR10 T8000 gaining a market share of 30% in the CR-A1 (single device) section, and winning the CR-A2 (cluster) section with the highest score in the overall ranking. The purchased equipment will help China Telecom build […]

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Retail Asia21/12/2021

Luxury sports car maker Ferrari announced plans on Monday to shake up its leadership structure, in one of new boss Benedetto Vigna’s first major moves, and said three top managers will leave the company. Those who have decided to leave include Chief Technology Officer Michael Leiters, the carmaker said. The planned reorganization, to be unveiled […]

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Retail Asia21/12/2021

The Yarra Valley Smaller Wineries Association has introduced an online marketplace where Aussie consumers can access more than 100 handcrafted drops from its portfolio of 21 members. A first for a wine association in the country, the new marketplace helps boutique wineries, which have been struggling during extended lockdowns, to promote themselves through e-commerce and reach lesser-known […]

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Retail Asia21/12/2021

Tourism company Vietravel has sold a 55.58 percent stake in Vietravel Airlines to an unspecified investor as it seeks more funding amid Covid financial pressures. “Vietravel is no longer the parent company of Vietravel Airlines,” it stated recently. In a filing last month, Vietravel revealed it held a 99.5 percent stake in the carrier. Chairman […]

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Retail Asia20/12/2021

Japanese lifestyle shopping mall, Lalaport, is set to open its first Southeast Asian location in Malaysia next month at Bukit Bintang City Centre (BBCC). The Mitsui Fudosan-owned shopping mall is set to open its doors to the public on January 20, featuring a tenant mix of about 400 stores from global and Japanese brands, including […]

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Retail Asia20/12/2021

Alibaba Group will aim to achieve carbon neutrality in its own operations and slash emissions across its supply chains and transportation networks by the end of the decade, the Chinese e-commerce giant pledged on Friday. Alibaba promised to achieve carbon neutrality by 2030 in its own direct emissions – known as “scope 1” – as […]

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Retail Asia20/12/2021

Pacific Harvest is adding a new product – Raw Nori Seaweed Snack Packs – to its seaweed products range. The company says the seaweed is sourced naturally, contains nutrients that are good for health, and has no additives or preservatives. Pacific Harvest said its team works only with ethical and sustainable seaweed harvesters to ensure […]

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Retail Asia20/12/2021

PepsiCo Australia has effectively converted to 100 percent renewable electricity across all of its operations. Focusing on reducing global emissions, this initiative helps PepsiCo limit the amount of CO2 added into the environment – around 26,000 tones per year – and goes some way in helping the business hit its target to achieve net-zero emissions […]

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