Category: General

Retail Asia26/08/2019
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3min0
The AirAsia Group is shelling out $350 million to acquire seven more planes for its Philippine unit, according to its chief. Talking to reporters in Bangkok late last week, AirAsia Group Chief Executive Officer Tony Fernandes said the move was the Malaysia-based low-cost carrier’s way of strengthening its presence in the country, as this would […]

Retail Asia26/08/2019
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3min0
Cebu Pacific, the country’s biggest budget airline, widened its presence at the Clark International Airport in Pampanga province with the opening on Friday of three new routes, including flights to Tokyo, Japan. The move opens up tourism and business opportunities for the central Luzon gateway while helping Cebu Pacific ramp up operations as it pursues […]

Retail Asia26/08/2019
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1min0
Korean discount chain operator E-Mart has posted its first-ever net loss, amid growing competition from online shopping rivals and e-commerce giants. The company’s quarterly results showed a net loss of KRW26.6 billion (US$24.7 million) between April and June, its first negative result since it was spun off from Shinsegae Group in 2011. The loss stands […]

Retail Asia23/08/2019
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2min0
A giant HMV liquidation sale kicks off on Thursday in Wan Chai as the failed retailer’s liquidator tries to recover some cash to return to creditors. Wong Sun-keung of Vision AS, who is overseeing HMV’s liquidation, had originally planned to sell several containers-full of stock recovered from shuttered stores by way of a tender. However […]

Retail Asia22/08/2019
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2min0
Singapore retail sales – excluding motor vehicles – decreased by 2.7 percent in June, according to Statistics Singapore. The headline figure, which includes motor vehicles, was down 8.9 percent, reflecting the high volume of cars sold in June last year and a lower COE quota for May to July this year. Month-on-month, Singapore retail sales […]

Retail Asia22/08/2019
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3min0
A new, “interaction-less” bug in iMessage was recently discovered that could allow hackers to gain access to your iPhone. The exploit being interaction-less means that you don’t need to do anything—download any files or click any suspicious links—to get your device compromised. What’s even worse, you don’t even need to open the iMessage app for […]

Retail Asia22/08/2019
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3min0
Coles is suing a former employee for allegedly stealing more than $1.9 million from the company. The supermarket claims that Aaron Baslangic, former head of strategic initiatives and B2B for Coles Online, submitted phoney invoices requesting payment to third parties, and in some cases faked the approval of his supervisor for payments that were above […]

Retail Asia21/08/2019
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1min0
Retail sales in Indonesia declined 1.8 percent in June, compared with an annual growth rate of 7.7 percent a month earlier, a central bank survey showed on Thursday. The last decline from a year earlier was in January last year when retail sales also dropped 1.8 percent. The survey predicted retail sales would rise 2.3 […]

Retail Asia21/08/2019
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1min0
Cebu Pacific early Thursday announced a seat sale promo for all domestic and international flights. Passengers can avail of the P88 one-way base fare for local flights while one-way base fare for international flights starts at P888. Booking period is only available from Aug. 8 to Aug. 9, the airline said. Travel period for promo flights are […]

Retail Asia21/08/2019
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5min0
low-cost carrier AirAsia could still face fines for charging passengers additional processing fee for card and online banking transactions. This comes right after AirAsia Group CEO, Tan Sri Tony Fernandes had announced that the airline will scrap the processing fee beginning October 2019. The Malaysian Aviation Commission (Mavcom) had made it compulsory for all airlines in Malaysia to […]

Retail Asia21/08/2019
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5min0
Reiterating what the CEO of Google, Sundar Pichai had said, “AI may become more profound than fire or electricity.” Artificial Intelligence, in all probabilities, is becoming an economic arsenal for most countries around the world today, including the West Asian country that sits on the Arabian Peninsula. Yes, we’re talking about Qatar, the country with […]


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