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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 Asia28/08/2020

Tsutaya Books commissioned Hikohito Konishi / HIKOKONISHI ARCHITECTURE Inc. to design the company’s twentieth store since its restructuring, located in the city of Ebetsu, Hokkaido. The site is adjacent to Ebetsu’s Four Seasons Promenade, a landscaped walking path, and faces a wooded area with many large trees. With a store concept of “a slow-life library […]

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Retail Asia28/08/2020

Singapore’s third-largest real estate company, with more than 4,300 agents, OrangeTee & Tie Pte Ltd (“OTT”), has entered into a strategic partnership with Juwai IQI, Southeast Asia’s largest proptech group and operator of real estate super-brands, Juwai and IQI Global. By joining forces, Juwai IQI and OTT will open up new opportunities for their combined […]

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Retail Asia28/08/2020

AirAsia X Bhd’s net loss for the second quarter ended June 30, 2020 (2QFY20) widened to RM305.24 million, 47.4% more than the RM207.11 million it recorded a year ago as the airline bore the full brunt of travel restrictions implemented to curb the Covid-19 pandemic. AAX sees more turbulence ahead due to uncertainties surrounding the […]

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Retail Asia28/08/2020

This is the industry’s first SORA loan coupled with an interest rate swap, which provides certainty of interest rates. DBS has issued a $200 million ($146.4 million) loan to agribusiness group Wilmar International – the agribusiness industry’s first corporate loan agreement pegged to the Singapore Overnight Rate Average (SORA), the bank announced on Thursday. The loan […]

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Retail Asia28/08/2020

Singapore-based Koufu Group is taking R&B Tea to the Philippines with Shakey’s Pizza. Under the franchise agreement, Shakey’s will sell selected R&B Tea drinks in Shakey’s and Peri Peri stores in the first year of business, and subsequently open at least five stand-alone R&B Tea outlets in the Philippines. “This marks our second milestone this […]

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Retail Asia28/08/2020

Only 22 percent of Apac consumers report having product delivery experiences that meet their expectations every time, according to a new study by BluJay Solutions. The research finds that with contactless delivery options becoming more prevalent against the backdrop of the coronavirus pandemic, consumers’ expectations for transparent, reliable, and accurate delivery information is greatly enhanced. […]

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Retail Asia28/08/2020

Ikea’s business in South Korea has reported 32.6-per-cent sales growth over the past fiscal year despite the impact of the coronavirus outbreak. The success of the retail business over the period has been attributed to a surge in interest in home furnishings as people remain at home to avoid the pandemic, according to Ikea Korea […]

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Retail Asia28/08/2020

Lingerie chain 6ixty8ight is expanding its e-commerce network into Thailand and the Philippines, less than two months after it launched in Japan. “With an increasing proportion of customers who prefer to shop online, 6ixty8ight puts e-commerce business as the top business priority,” the company said in a statement. The Hong Kong-headquartered brand said it uses online […]

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Retail Asia28/08/2020

JD’s online supermarket JD Super has formed an organic alliance with brands trading on its platform. More than 10 companies, including domestic and international ones, have joined the alliance, including Milk Deluxe, Bellamy’s, Abbott, Anchor, and Gerber. Under the alliance, JD Super and other members will work together with government bodies, channel merchants, and inspection […]

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Retail Asia28/08/2020

Tech giant Apple will launch an e-commerce store in India next month, according to a report by Bloomberg News. The firm will be timing its launch to begin trading in time for India’s busiest spending season, the Diwali festival. It follows CEO Tim Cook’s statement several months ago that Apple will start retailing within the […]

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Retail Asia28/08/2020

The firm is said to be exploring opportunities in Southeast Asia and other emerging markets, such as India and Latin America, to grow its fintech business. The financial technology arm of Singapore gaming and technology brand Razer said that while awaiting results of its bid for a digital banking license in Singapore, it is currently […]

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Retail Asia28/08/2020

Vietnam led Southeast Asia in the number of phishing attacks targeting small enterprises in the first half of this year. There were more than 1.6 million attacks on small and medium-sized enterprises with 50-250 employees in the region, up 39 percent from the same period last year, Russian cybersecurity firm Kaspersky Lab said a report […]

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Retail Asia27/08/2020

Citi’s treasury and trade solutions unit promotes its former head of trade finance for Asia Pacific to lead the region’s trade unit. Citi Treasury and Trade Solutions (TTS) appoints Kanika Thakur as its Asia Pacific trade head, effective immediately, according to a statement. Thakur succeeds Vishal Kapoor was named head of TTS for Citi Hong Kong in May this […]

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Retail Asia27/08/2020

Vietnam led Southeast Asia in the number of phishing attacks targeting small enterprises in the first half of this year. There were more than 1.6 million attacks on small and medium-sized enterprises with 50-250 employees in the region, up 39 percent from the same period last year, Russian cybersecurity firm Kaspersky Lab said a report […]

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Retail Asia27/08/2020

Samsung Electronics remained the top smartphone vendor in the second quarter of the year despite suffering a sharp decline in sales. Samsung sold 54.75 million smartphones in the April-June period to take an 18.6-per-cent market share, according to market researcher Gartner. Its second-quarter sales suffered a 27.1-per-cent year-on-year decline, the largest drop among the top […]

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Retail Asia27/08/2020

The banker replaces Chew Show Zi, who will become president of Xiaomi’s international operations. Chinese consumer electronics company Xiaomi has hired Alain Lam as its new chief financial officer, according to people familiar with the matter. Lam was previously the head of technology for Credit Suisse’s investment banking and capital markets group in Asia Pacific. He has […]

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Retail Asia27/08/2020

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High-end Chinese e-commerce platform Tmall Luxury has implemented new features to boost its brands’ appeal for Gen Z consumers in the region. The three new features include a daily live streaming service on luxury topics, a content-rich magazine channel featuring fashion news, and an upgraded membership program offering personalized services. The features are a response […]

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Retail Asia27/08/2020

Southeast Asian online used car trading platform Carsome has launched its new Carsome Experience Centre in Kuala Lumpur. The move signals the opening of the firm’s B2C segment, introducing a highly digitized and transparent car-purchasing process, aimed at addressing consumer distrust when buying second-hand cars. The firm works to enhance trust and assurance throughout the […]

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Retail Asia27/08/2020

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Besides delaying the release of the 5G Apple iPhone 12 family, COVID-19 has also interfered with Apple’s retail stores. Back in January, Apple started closing retail locations in China. By the following month, all 42 Apple Stores in the country were closed only to reopen a month later. But as the virus made it’s way west, Apple shut all of its […]

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Retail Asia27/08/2020

Eight casinos in Vietnam saw their combined revenues rise 60 percent from 2018 to VND2.5 trillion ($108 million) last year. These eight establishments were licensed before March 2017, when the government began a trial project allowing Vietnamese to gamble in local casinos, according to a recent report by the Ministry of Finance. Earlier, only foreigners […]

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