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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 Asia22/04/2020

Food delivery service Deliveroo is reducing its Pickup service commissions to 5 percent for its operations in Hong Kong. The move is expected to provide relief to restaurants struggling to generate revenue during the coronavirus outbreak with tough social distancing regulations in place throughout the territory. The new rate will apply to all Deliveroo partnering […]

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Retail Asia22/04/2020

AirAsia counters emerged as among the most active stocks on Bursa Malaysia today, after the low-cost carrier announced it will resume its scheduled domestic flights, beginning with Malaysia on April 29, 2020. As at 3.31 pm, AirAsia Group Bhd rose 8.5 sen to 87 sen with 151.61 million shares changing hands, while its long-haul arm, […]

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Retail Asia22/04/2020

Zalora is positioning itself as the first online fashion retailer in Southeast Asia to create a sustainable fashion ecosystem, achieving positive change in environmental impact, and inspiring customers to shop in a more conscious way. The firm’s new strategy aims to make commitments to customers, brands, vendors, and employees during 2022–2025 period. “As a leading […]

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Retail Asia22/04/2020

Sales of Samsung Electronics’ latest flagship series Galaxy S20 are hovering below those of its predecessor as the global new coronavirus pandemic has led to a slump in demand for consumer products, industry sources say. South Korean sales of the Galaxy S20 series, which comes in three models — the S20, S20 Plus and S20 […]

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Retail Asia22/04/2020

Companies are rapidly turning to automation to keep business running during the coronavirus outbreak, according to new research by Bain & Company. The firm’s data shows that processes are being automated to manage payroll, diagnose customer experience issues while call centers are closed, and resolve IT service issues. It is based on survey responses from […]

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Retail Asia22/04/2020

Apple will be expanding Apple Music, the App Store, and other services to a whole trove of new markets in Africa, the Middle East, Oceania, and several nations across the Balkan peninsula in what could be perceived as the largest geographical expansion in nearly a decade. Back in 2012, more than a billion and a […]

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Retail Asia22/04/2020

French automaker PSA on Tuesday warned of sharp falls in demand for the sector this year after posting a 15.6% drop in first-quarter sales but maintained its mid-term operating margin goal. The maker of Peugeot, Citroen, DS, Opel and Vauxhall is working through a merger with Italy’s Fiat Chrysler but like its peers has been […]

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Retail Asia22/04/2020

He announced his departure on LinkedIn on Friday, saying he was «excited» to head to his next destination. Shang-Wei Chao, HSBC Private Banking’s Singapore and Malaysia market head, will be leaving the firm, he announced in a LinkedIn post, which was confirmed by a spokesperson at the bank. Chao joined HSBC in 2016, after 12 […]

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Retail Asia22/04/2020

With customers subjected to stay-at-home orders or lockdowns around the world, major brands are facing unprecedented challenges staying relevant and connected – especially fast-food retailers and theme parks. At the same time, the lockdowns have spurred an unprecedented demand for baking ingredients as consumers try their hand at creating food and snacks at home – […]

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Retail Asia22/04/2020

Starbucks China is launching a plant-based menu in partnerships with Beyond Meat, Omnipork and dairy-substitute Oatly which will be available in most stores nationwide. From tomorrow (April 22) the coffee chain will launch two pasta dishes and a wrap featuring Beyond Beef, effectively launching the meat-substitute brand on the mainland. A Vietnamese-style noodle salad and […]

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Retail Asia22/04/2020

CBD has come a long way since it was taken off the list of schedule 1 drugs a few years ago. It’s available online everywhere and in stores and dispensaries across the nation. It’s not only available in pharmacies like CVS and Walmart, but you can even buy it in stores like Abercrombie & Fitch […]

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Retail Asia21/04/2020

The current COVID-19 lockdown period has let us feel trapped and restless in our own homes only. No wonder many people, especially the outdoor enthusiasts, are chalking out adventure plans they will set out for once the lockdown ends. And a recently launched outdoor lifestyle brand, Giriox, is extending a comprehensive range of novel adventure […]

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Retail Asia21/04/2020

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LVMH has reported a sales decline of 15 percent for the first quarter of this year, a staggering achievement given its most lucrative market, China, was shut down for most of the period. “Thanks to everyone’s commitment and the strength of its brands, the LVMH group maintains good resilience in the face of this worldwide […]

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Retail Asia21/04/2020

German performance carmaker Porsche AG announced its sales for the first quarter of 2020 and the manufacturer sold 53,125 cars between January and March this year. Sales for the automaker were down by five percent when compared to the same period a year ago. Porsche attributed the drop in numbers due to the Coronavirus pandemic that’s […]

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Retail Asia21/04/2020

With the coronavirus pandemic continuing to spread relentlessly around the globe, “untact,” or non-contact services are emerging as a new trend, and demand for service robots to replace humans is also growing. The state-run Korea Trade-Investment Promotion Agency (Kotra) says interest in service robots has soared since they were employed in public-sanitation and service businesses […]

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Retail Asia21/04/2020

Indian state retailers sold 50% less refined fuel in the first two weeks of April than the same time a year ago as a nationwide lockdown to stem the spread of the new coronavirus hit transportation and industrial activity, industry sources said. State companies – Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum – […]

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Retail Asia21/04/2020

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Around 20 luxury brands have opened stores on Chinese e-commerce platform JD since the beginning of January, seeking new avenues for business against the backdrop of the global coronavirus pandemic. The onboarded brands include fine-leather goods house Delvaux, Chanel-owned jewelry brand Goossens, luxury cashmere specialist Barrie, British luxury leather brand Smythson, cashmere knitwear brand Pringle […]

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Retail Asia21/04/2020

The spread of Covid-19 is forcing Southeast Asian consumers to change their eating habits and embrace new shopping practices, says Mintel Apac food-and-drink analyst Tan Heng Hong. Given today’s consumer climate, food and drink categories with strong immunity claims can drive home the importance of immunity to protect wary consumers, he says. “Manufacturers of immunity-boosting […]

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Retail Asia21/04/2020

The current global crisis has led to an increase in communication services usage, but it looks like they’re able to cope with the demand for the time being. Even though it seems that there’s enough bandwidth to accommodate the spike in usage, many of these services require improvements. WhatsApp is in the process of upgrading its […]

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Retail Asia21/04/2020

A private banking veteran, most recently with UBS leading a team covering high net worth clients in Hong Kong, has reemerged at Standard Chartered. Chiu Wai Man has joined Standard Chartered as a deputy market head for Hong Kong, effective as of yesterday. A spokesperson for the bank confirmed the new hire. Chiu was most […]

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