Category: General

Retail Asia02/04/2020
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1min0
Japanese retail sales have recorded a distinct uptick as consumers enter a panic-buying mode in response to the coronavirus outbreak, according to Nikkei Asian Review. According to the Ministry of Economy, Trade and Industry, Japanese retail sales rose 1.7 percent year on year in February. Pharmacy sales showed the highest rate of growth, surging 18.9 […]

Retail Asia01/04/2020
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2min0
Amid the alarming spread of COVID-19 across the country, low-cost carrier AirAsia Indonesia announced on Saturday that it would suspend all its QZ flight code services starting April 1. The carrier’s domestic and international routes will be temporarily suspended until April 21 and May 17, respectively. “AirAsia Indonesia will continue to monitor the development of […]

Retail Asia01/04/2020
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5min0
Bangkok-based long-haul airline Thai AirAsia X has scheduled four charter flights between Bangkok and the Croatian capital Zagreb in May and October. However, seeing that AirAsia recently announced it is suspending almost all flight operations, will these actually go ahead? AirAsia is temporarily parking almost all of its fleet as a consequence of severe travel restrictions imposed […]

Retail Asia01/04/2020
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2min0
Metro Retail Stores Group in the Philippines has reported a 21.5-per-cent growth in income to US$20.80 million (Php1.06 billion) last year. The growth was driven mainly by an 11.3-per-cent increase in sales to $722.31 million (Php36.8 billion) with operating expenses rising by a lesser rate of 9.3 per cent. Additional insurance recoveries relating to a […]

Retail Asia31/03/2020
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4min0
AirAsia Group announced, at the weekend, it is temporarily hibernating most of its fleet across its entire network in Asia, in view of the COVID-19 pandemic that led to extensive border restrictions. The actual fleet downtime differs with each of the group’s member airlines. AirAsia Malaysia suspended all flights, international and domestic, 28 March and […]

Retail Asia31/03/2020
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2min0
Facebook, just like many other big companies, are trying to ease the transition to social distancing by offering free services and products. But people need to stay informed about what’s happening in the world even when they’re self-isolating. In that regard, Facebook launched recently the so-called Messenger Coronavirus Community Hub, which offers users tips and resources […]

Retail Asia31/03/2020
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1min0
South Korean retail sales surged 9.1 percent in February, despite the advent of the coronavirus pandemic. The year-on-year increase reflected consumers buying more daily necessities online as the virus spread. And, with people largely staying home, substantially less was spent eating out, so consumers were buying more food to prepare or eat at home. According […]

Retail Asia30/03/2020
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3min0
Cebu Pacific says the month-long “community quarantine” imposed on Metropolitan Manila and the main Luzon island group recently will free up 90% of its total seat capacity, even as it maintains services from its hubs outside of Manila and the region. The 90% capacity figure is based on the suspension of domestic flights departing Manila, […]

Retail Asia30/03/2020
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2min0
AirAsia Group could report steeper losses in excess of RM1.1 billion in 2020, following its decision to ground its aircrafts worldwide due to the Covid-19 pandemic, according to Affin Hwang Capital. The research firm said in a note today that the drastic move highlights the dire operating environment faced by the airline industry. In tandem, […]


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