Category: General

Retail Asia18/12/2019
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2min0
Vietnamese matchmaker Thong Nhat Match JSC plans to modernize operations due to dwindling sales. The company’s board said it would halt match production next year and delist its DTN shares from the unlisted public companies bourse (UPCoM). Annual match sales hit near 100 million boxes last year, down 45 percent from 10 years earlier, and […]

Retail Asia18/12/2019
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1min0
Travel retailer The Shilla Duty-Free has launched a raft of new brands at its Changi Airport health-and-beauty concessions, marking its fifth anniversary in Singapore. The new brands are on display at a refreshed retail space at the Terminal 3 Departure Check-in Hall store (in the public area) which features a modern, tropical look, with earthy […]

Retail Asia18/12/2019
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1min0
Indonesian retail sales grew at their fastest rate in five months, according to government data. Growth levels are currently at 3.6 percent, the highest increase over last year’s figures in five months. Growth for the previous month stood at just 0.7 percent. The figures were released as part of a central bank survey, which showed […]

Retail Asia17/12/2019
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4min0
There’s a new trend capturing South Korean consumers’ attention: shops without stock, focusing on experience rather than instant retail sales. With a growing number of consumers choosing and purchasing products online or on mobile devices, hands-on stores that target such customers are becoming a new marketing trend. Amore Seongsu, which opened in early October as […]

Retail Asia17/12/2019
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3min0
KiteAir, an airline established by hospitality group Thien Minh, hopes to launch its first flight next June after getting the Prime Minister’s nod. The delay of three months over the original schedule was required as Thien Minh Group awaited investment approval from Prime Minister Nguyen Xuan Phuc, its Chairman Tran Trong Kien said. The Ministry […]

Retail Asia16/12/2019
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2min0
Located in Hanoi’s southwestern district of Ha Dong, the three-story mall occupies a 22,700sqm area, featuring 221 retail tenants covering food, fashion, household goods and entertainment. The new mall brings more than 40 brands new to the city including Koi tea, The, Dune London, Idoome, Jack & Jones, Kipling and Typo. Before the opening ceremony, […]

Retail Asia16/12/2019
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2min0
British grocer Tesco is considering exiting Asia with a shock sale of its operations in Thailand and Malaysia. Tesco has confirmed that following an inbound interest, it has “commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses”. “The evaluation of […]

Retail Asia16/12/2019
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3min0
Vietnam will cut down 75 percent of its marine plastics and stop generating plastic waste in coastal tourist areas by 2030, the government says. Prime Minister Nguyen Xuan Phuc has issued a national action plan on the management of plastic waste in the ocean until 2030, which aims to fulfill the country’s international commitment to […]

Retail Asia13/12/2019
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2min0
Loss-ridden budget airline Nok Air is recruiting pilots and flight attendants and will acquire two new planes to serve high-season demand as its rehabilitation plan shows positive effects, its chief executive Wutthiphum Jurangkool said on Wednesday. He said that the airline’s recruitment of about 800 new pilots and flight attendants is evidence that its rehabilitation […]


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