Category: General

Retail Asia30/01/2020
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2min0
The consumer price index (CPI) in January jumped 6.43 percent year-on-year, the biggest increase seen in 7 years. It also rose 1.23 percent over last December, with the high increase this year attributed to the surge in eating out, shopping and travel demands of people during Tet or the Lunar New Year, Vietnam’s biggest national holiday. The […]

Retail Asia29/01/2020
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3min0
AirAsia has extended its suspension of all flights to Wuhan, China until Feb 15. On Thursday, the low-cost airline announced the suspension of its flights to Wuhan, the epicentre of a new coronavirus outbreak, until Jan 28. AirAsia’s flights to Wuhan depart from Kota Kinabalu, Bangkok and Phuket. AirAsia Bhd, in a statement today, said […]

Retail Asia29/01/2020
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2min0
Singapore has introduced new payment legislation that offers global cryptocurrency firms a chance to expand their operations in the country. The Payment Services Act, which comes into force on Tuesday, is the first comprehensive regulation for companies handling activities ranging from digital payments to the trading of tokens such as Bitcoin and Ether. We welcome […]

Retail Asia29/01/2020
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3min0
Vietnamese airlines have offered to refund customers who want to cancel their flights to and from China amid the coronavirus outbreak. Flag carrier Vietnam Airlines and low-cost arm Jetstar Pacific stated Friday both would refund tickets and allow free schedule changes for passengers flying to and from Chinese cities starting Friday until further notice. The […]

Retail Asia28/01/2020
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5min0
Masan’s acquisition of a majority stake in Vingroup’s minimart chain was a “big step” to break into consumer retail, the group’s chairman says. The food conglomerate chose Vincommerce as an acquisition target because it had the largest retail platform by a number of points of sale and accounted for 25 percent of the modern retail […]

Retail Asia27/01/2020
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2min0
NokScoot, the joint venture low-cost carrier of Thailand’s Nok Air and Singapore’s Scoot, achieved its best-ever annual on-time performance (OTP) since the start of operation with an average of 86.55% in 2019. The airline’s 2019 punctuality report revealed that the airline obtained its highest OTP on record even though the flights flown increased by 30% […]

Retail Asia27/01/2020
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3min0
Festivals are much a part of the Filipino culture as its distinct cuisines and hospitality. Filipino festivals across cities are vastly different; with different practices and tributes but still tied to an undeniable sense of Filipino community and camaraderie. For 2020, Cebu Pacific launches the Fiesta Fun Fest, a global campaign that will highlight the […]

Retail Asia27/01/2020
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5min0
Taxis are refusing to charge by the meter and ride-hailing apps have doubled ‘peak hour’ prices and added surcharges as Tet draws close. Monday evening, five days before the Lunar New Year (Tet), Hoang Viet requested a car on ride-hailing app Grab. He was surprised to find that his 14-kilometer trip from an office block in […]

Retail Asia24/01/2020
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1min0
As we welcome the Year of the Rat, all of us at Retailnews.asia would like to wish you and your families a happy, healthy and prosperous Lunar New Year! This Lunar New Year marks not only the beginning of a new decade but also the start of the 12-year Chinese zodiac cycle. The Year of […]

Retail Asia24/01/2020
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5min0
Azimut Yachts celebrated the group’s 50th anniversary year packed full of exciting events, sales, new launches, deliveries and awards throughout 2019. Azimut Yachts Hong Kong, with its offices and dealer partners in Hong Kong, China, Taiwan, and Singapore saw a wave of confidence across the region with an impressive number of yacht sales and handovers […]

Retail Asia24/01/2020
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1min0
New research has shown that retail and restaurant businesses globally are likely to spend US$1.7 billion annually on POS software by 2024. The new data from forecasting consultancy Juniper Research projects that the growth will occur following increased availability of app integrations on e-tail platforms such as Shopify and QuickBooks, prompting retailers to partner with […]

Retail Asia24/01/2020
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2min0
Facebook has been trying to implement the long-awaited dark theme into its Android app for many months, which isn’t something unusual. We’ve been hearing reports about the company’s struggles to finalize the feature, but it looks like Facebook’s endeavor turned into a marathon rather than a sprint. Starting today, a lot more people have started […]


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