Category: General

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 […]

Retail Asia13/12/2019
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2min0
Thai supermarket business Big C is planning to spend THB6.5 billion (US$214 million) on expansion both domestically and internationally next year. While the majority of the funds earmarked for growth will go towards development within the brand’s home territory, THB500 million ($16.5 million) will be set aside for overseas expansion. The brand has just launched […]

Retail Asia13/12/2019
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1min0
The world-famous Bangkok Chatuchak Market is set to open in Singapore, drawing an expected 600 Thai vendors. A 40,000sqft pop-up market will be open from February 4 to May 3 at The Grandstand on Turf Club Road. Between 30 and 50 Thai vendors will participate at the market each week on a rotational basis alongside […]

Retail Asia13/12/2019
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3min0
The Hong Kong retail industry – hammered by declining visitor numbers from the mainland will recover, says leading analyst Pascal Martin, a partner at OC&C Strategy Consultants. As reported earlier this week, Hong Kong retail sales in October plunged by 24.3 percent year on year – the largest decline since records began. That followed a revised […]

Retail Asia11/12/2019
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1min0
Malaysian retail sales are expected to fall for the third consecutive quarter. Retail Group Malaysia, which prepares quarterly reports for the Malaysia Retailers Association, is now projecting total sales of RM107.5 billion (US$25.75 billion) for the financial year to March 31, a 3.7-per-cent growth over last year. However, early projections suggest a more positive performance […]

Retail Asia11/12/2019
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3min0
Vietnamese business giant Vingroup has agreed to merge its retail and agriculture unit with Masan Consumer Holdings, aiming to form Vietnam’s biggest retailer. The deal has the effect of spinning off Vingroup’s retail assets into a new company in which it will hold a minority stake, freeing Vietnam’s largest privately-owned to focus on its industrial […]


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