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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 Asia04/03/2020

The first Philippine Shopping Festival, a nationwide sale promotion aimed at getting people into malls, has been postponed due to the rise of coronavirus disease worldwide. The Department of Tourism (DOT) announced the postponement of the month-long event just one day before it was supposed to start on Sunday, saying it prioritized the safety of […]

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Retail Asia04/03/2020

It will probably take a lot of time for Facebook to integrate all its services into a single app, and we don’t even know if it will eventually succeed. But every major endeavor starts with a small step, and today Facebook made one. The social network giant has just announced it has launched a brand-new Messenger […]

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Retail Asia04/03/2020

Microsoft’s Your Phone app has been growing in popularity over the past several years. The app offers a link between your Windows 10 PC and your Android smartphone (requires a phone with Android 7 or newer), providing useful features for managing your phone. Recently, Microsoft added support for RCS messaging for selected Samsung smartphones. Now, […]

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Retail Asia04/03/2020

Hong Kong retail sales slumped 21.4 percent in January, further than the 19.4 percent of December – but the worst is yet to come. The Census and Statistics Department (C&SD) provisionally estimated Hong Kong retail sales at HK$37.8 billion (US$4.86 billion) but cautioned that the timing of Lunar New Year – on January 25 this […]

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Retail Asia04/03/2020

Roughly a third of the 11,000 stores in Shanghai that closed for the coronavirus outbreak has opened for business. Among the reopening stores is Starbucks’ largest global outlet, Starbucks’ Reserve Roastery, which attracted daily queues before the epidemic. The store, which counts as a tourist attraction in its own right, opened just one of its […]

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Retail Asia03/03/2020

AirAsia X narrowed its operating loss to MYR90.1 million ($21.3 million), despite a decline in passenger numbers which affected its total revenue. The loss posted in 2019 is an improvement to the MYR204 million loss made in 2018. Revenue for the year ended 31 December 2019 declined 4% to MYR4.4 billion, as the number of […]

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Retail Asia03/03/2020

Tesco executives and advisors will this week start evaluating offers for its Thai and Malaysian businesses following Friday’s deadline for binding offers. However, with the asset valued somewhere in the region of US$9 billion, there is no certainty any of the bids will be accepted. A decision is expected this month. Tesco has yet to […]

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Retail Asia03/03/2020

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Thailand’s Central Retail Corporation achieved 8 percent revenue growth last year to US$7.1 billion and an 11-per-cent boost in profit to $394.7 million. CEO Yol Phokasub said the improvement reflected “robust platforms” in every country in which it operated: Thailand, Vietnam and Italy. “We increased market share in every product category, including fashion, food and […]

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Retail Asia02/03/2020

Retail and e-commerce accounted for nearly a quarter of online marketing in Vietnam last year as players compete for more customers. The category claimed 23.9 percent of $1.26 billion spent on online ads in the country, Ho Chi Minh City-based advertising company Adsota reported. It was followed by fast-moving consumer goods (FMCG) with 12.9 percent […]

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Retail Asia02/03/2020

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Carrefour China has achieved its first quarterly profit in seven years according to the Tian Rui, CEO of Suning Group, which bought the former French hypermarket group last September. During the past five months, the Carrefour China business has improved its operating efficiency through the digital transformation of its stores and the accelerated integration with […]

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Retail Asia02/03/2020

7-Eleven Malaysia set a full-year sales record last year after revenue rose 6.4 percent to $33.76 billion. Much of the growth came from network expansion, but same-store sales rose 2.5 percent, despite declining cigarette sales. The company opened 165 new stores last year, 41 of those in the last quarter, taking its network to 2411. […]

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Retail Asia02/03/2020

Humanforce, a Sydney based global provider of workforce management solutions, has revealed that negative media coverage can impact Australian retailers’ ability to attract casual workers. Eighty percent of respondents in Humanforce’s casual worker survey stated that media coverage of a company underpaying staff would influence if they would work with that employer. Humanforce Founder and MD, […]

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Retail Asia28/02/2020

While governments are working hard to limit the coronavirus outbreak and to protect their citizens’ health, Facebook is working to protect people from misinformation in regards to the current public health situation. The tech giant will now ban ads promising a cure for the coronavirus, or ads that attempt to create a sense of urgency […]

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Retail Asia28/02/2020

Gmail is already a safe email app, but it’s far from being perfect and Google is aware of that. The most recent update introduces a brand-new technology that Google is still refining, which further improves malicious document detection. Google’s security technology is using deep learning, a term that’s been tied by many software developed in […]

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Retail Asia28/02/2020

Scenes of actors drinking alcohol in films will be restricted under a new decree guiding the alcohol law. Cinemas will only show actors drinking if they are playing historical characters or acting in scenes that criticize alcohol addiction, Decree 24, which took effect on Monday to guide several provisions of the Law on Preventing Alcohol’s […]

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Retail Asia28/02/2020

Malaysian convenience-store chain 99 Speedmart has opened three mini-market stores in Singapore. According to IGD, the 99 Speedmart stores in Singapore follow the same concept as Malaysia’s stores and range in size from 250 to 500sqm. They trade from 10am to 10pm daily. Besides normal grocery items, shoppers also can find Malaysian products displayed closer to […]

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Retail Asia28/02/2020

Taobao Live, Alibaba Group’s live streaming platform, saw a sharp rise in brand activity this past month as merchants slowly resumed their operations and looked for ways to reach consumers in the midst of the coronavirus outbreak. In early February, live stream sessions on the platform had increased by 110 percent compared to the same […]

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Retail Asia27/02/2020

AirAsia X leases 17 A330-300 aircraft from nine lessors. While the majority of lessors have one or two aircraft each flying under AirAsia X colors, BOC Aviation and ICBC Leasing have three aircraft each at AirAsia X. We have approached AirAsia X to confirm this. They declined to address our questions, citing a blackout period […]

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Retail Asia27/02/2020

British multinational groceries and general merchandise retailer Tesco has sold its shares in a Chinese joint venture, ending its operations in the country. According to Retail Gazette, the firm’s 20-per-cent shareholding in the Gain Land business has now been sold to a unit of its regional partner, Chinese state-owned conglomerate China Resources Holdings (CRH). The […]

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Retail Asia26/02/2020

The United States Senator for New York Charles E. Schumer has been concerned about national security risks posed by China-owned social media platform TikTok and other similar platforms operating in the US since October last year. He has now reached out to the Transport Security Administration’s (the TSA) Administrator David Pekoske, expressing his concern over […]

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