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07. May 2024
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Author: Retail Asia

Retail Asia01/04/2021
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General

8 types of learning toys that every child should have

10min0
Throughout time toys have played a significant role in children’s learning and development, especially educational ones. It’s not exaggerating to say that toys are the best companions to our kids. In general, parents do not always have time to be their companions, even though they strive to spend time with them as much as possible. […]
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Retail Asia01/04/2021
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Finance

UBS Singed by Archegos

3min0
Switzerland’s largest bank didn’t escape the Archegos wreckage unscathed. UBS’ singing is however far from the burn that rival Credit Suisse is nursing. Zurich-based UBS, the sixth-largest prime broker according to data provider Preqin, also catered to troubled hedge fund Archegos. Yet the Swiss bank was mum as its crosstown rival Credit Suisse warned of […]
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Retail Asia01/04/2021
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Startups

Iceland Fintech Meniga Plans APAC Growth

2min0
The Iceland-based company has announced a new partnership with Visa to accelerate its expansion across the APAC region. Digital banking solutions provider Meniga plans to capture growth opportunities in Southeast Asia, following its certification as a Fintech Enablement partner under the Visa Ready Program, which will help facilitate partnership opportunities with financial institutions, fintechs and businesses […]
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Retail Asia01/04/2021
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General

Vietnamese carriers restart direct US flight race

4min0
Bamboo Airways and Vietnam Airlines are locked in a race to become the first Vietnamese carrier to establish a direct route to the U.S. The race has been re-triggered by the large demand for such flights amid the Covid-19 pandemic. Trinh Van Quyet, chairman of Bamboo Airways, said that the global vaccination campaign will help […]
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Retail Asia01/04/2021
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General

Google Maps driving directions are going green

3min0
Google has been hard at work keeping its Maps app top-notch these days, as it continues to compete in the neck-to-neck battle with Apple Maps. It’s been adding all sorts of features over the years, constantly improving your commuting experience—especially if you exploring a new city. Among many other things, it can now help you […]
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Retail Asia01/04/2021
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Logistics

Rhenus Logistics opens free zone warehouse in Bangkok

2min0
Global logistics service provider Rhenus Logistics has opened a new free zone warehouse in Bangkok, Thailand, as it aims to serve a wider range of industries. The warehouse is strategically located within a 10-kilometre radius of three existing warehouses that house general cargo and dangerous goods. Rhenus says the facility, located within Bangkok’s free trade zone, […]
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Retail Asia01/04/2021
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General

Another huge loss for AirAsia in 2021

2min0
AirAsia Group is expected to report another huge loss in its 2021 earnings on prolonged closure of borders and a slower-than-expected recovery in tourism. Affin Hwang Capital said AirAsia had posted a record headline net loss of RM2.44 billion in the fourth quarter (Q4) of 2020. This was due to weak revenue, large impairment charges […]
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Retail Asia31/03/2021
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Startups

Deliveroo confirms IPO Offer Price

3min0
The Offer Price has been set at £3.90 per Share, equating to a market capitalisation at Admission of £7.59 billion (excluding any over-allotment shares). Commencement of conditional dealings on the London Stock Exchange is expected to take place at 8 a.m. (UKT) on 31 March 2021 under the ticker “ROO” (ISIN: GB00BNC5T391). Deliveroo intends to […]
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Retail Asia31/03/2021
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General

Japan’s retail sales fall for third straight month

3min0
Japanese retail sales fell for the third straight month in February as households kept a lid on expenditure amid the coronavirus emergency, underscoring the fragile nature of the economy’s recovery from last year’s slump. Analysts expect Japan’s economy sharply contracted in the first quarter, as lacklustre consumer spending and weakening exports create challenges for policymakers […]
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Retail Asia31/03/2021
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Finance

New Ripple Acquisition to Enhance Cross-Border Payments in APAC

2min0
Its investment in an Asia-focused cross-border payments specialist aims to address challenges associated with cross-border payments in Southeast Asia’s fragmented payments landscape. Ripple has acquired a 40-percent stake in Tranglo, which will allow the blockchain payments company to meet growing customer demand in the region and expand the reach of on-demand liquidity (ODL), the company […]
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Retail Asia31/03/2021
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Living

First quarter sees 16 percent rise in business closures

1min0
Around 23,800 are temporarily closed, up 28.2 percent, and more than 5,000 have permanently ceased to do business, a 26.4 percent increase, while 11,300 others are completing dissolution procedures. The majority are small, newly-established companies that were vulnerable to the impacts of the Covid-19 pandemic. Some 29,300 enterprises were established during the quarter, down 1.4 […]
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Retail Asia31/03/2021
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Food

Starbucks opens with new Japanese store design

2min0
There are several unique and beautiful Starbucks stores in Japan including the traditional Machiya style store in Kyoto and the Edo-style wooden house store in Kawagoe City, and they have been popular tourist attractions nowadays. In 2020 spring, Starbucks Japan opened another unique branch, featuring the tiled roof traditional Japanese house with historic stone lanterns. The “Starbucks Coffee […]
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Retail Asia31/03/2021
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General

Bamboo Airways secures flight slots in London

1min0
Bamboo Airways has got a slot allocated at London’s Heathrow Airport to fly six times a week from Hanoi and HCMC starting in May. The flights would be operated using the airline’s long-haul Boeing 787-9 Dreamliner aircraft. The carrier had stated its intention to fly to the British capital and Frankfurt in Germany in the […]
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