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Foreign retail companies rushing into tap China retail market

Foreign retail companies rushing into tap China retail market

Mei Ling Tan December 18, 2019

Continuously more and more retail companies of foreign market are looking for speeding up their business in China’s retail market. The expansion is taking place at a great speed as…

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Asia is leading its way in the digitization of the retail market

Asia is leading its way in the digitization of the retail market

Mei Ling Tan December 18, 2019

The digitization of retail market in Asia is growing at a faster rate along with Korea, China and India over US and Europe while India is at the forefront. The…

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Dalian Wanda to open 17 malls this month

Dalian Wanda to open 17 malls this month

Mei Ling Tan December 17, 2019

Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month. The group recently opened its 300th plaza in Hubei province, a 105,000sqm shopping centre based…

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Bacardi launches Aberfeldy pop-up store at Taoyuan International Airport

Bacardi launches Aberfeldy pop-up store at Taoyuan International Airport

Mei Ling Tan December 17, 2019

Bacardi Global Travel Retail has launched a glittering Aberfeldy pop-up store in partnership with Ever Rich Duty-Free at Taiwan’s Taoyuan International Airport. The pop-up store will run until the end…

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Hong Kong giftware retailer G.O.D opens new concept store

Hong Kong giftware retailer G.O.D opens new concept store

Mei Ling Tan December 17, 2019

Hong Kong lifestyle design and retail brand G.O.D. has launched a new concept store at PMQ. The store is conceived as a gallery of contemporary Hong Kong art and design…

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Furla Hong Kong unveils new store design at Harbour City

Furla Hong Kong unveils new store design at Harbour City

Mei Ling Tan December 17, 2019

Italian luxury brand Furla has relocated within Harbour City, revealing a new store design concept. Located on the second floor, the 1500sqft Furla Hong Kong outlet features a wide selection…

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Shops without stock draw crowds in South Korea

Shops without stock draw crowds in South Korea

Mei Ling Tan December 17, 2019

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…

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Stores close, jobs shed as Hong Kong retailers survive downturn

Stores close, jobs shed as Hong Kong retailers survive downturn

Mei Ling Tan December 17, 2019

Thousands of stores will close and 5600 jobs will be lost as Hong Kong retailers try to recover from a “severe” sales decline brought on by social unrest and declining…

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UBS Unveils Top Ten Questions for Real Estate

UBS Unveils Top Ten Questions for Real Estate

Mei Ling Tan December 17, 2019

In its annual report titled: Top 10 real estate questions for 2020, the team at UBS Asset Management Real Estate & Private Markets looks ahead at the key questions facing the…

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Line Pay Taiwan Forms Cross-Border Payments Alliance

Line Pay Taiwan Forms Cross-Border Payments Alliance

Mei Ling Tan December 17, 2019

The digital wallet and fintech service for messaging app Line will allow people from Japan, Korea and Thailand to use their local mobile payment services when in Taiwan. Line Pay…

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Broking Pressures Prompt Cuts at Maybank Kim Eng

Broking Pressures Prompt Cuts at Maybank Kim Eng

Mei Ling Tan December 17, 2019

The job cuts are part of a broader review that also affects Maybank Kim Eng’s regional institutional sales and research, and Hong Kong investment banking and advisory businesses. Maybank Kim Eng…

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DBS Wealth Management Expands Avaloq Partnership

DBS Wealth Management Expands Avaloq Partnership

Mei Ling Tan December 17, 2019

The two partners, which have worked together for more than 10 years, will refine client solutions and accelerate DBS Wealth Management’s digital-led growth strategy using Avaloq’s cloud-based platform. Swiss banking…

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China Starts Fintech Regulation Pilot Program

China Starts Fintech Regulation Pilot Program

Mei Ling Tan December 17, 2019

The program is part of the country’s efforts to create a more prudent and inclusive supervisory framework for the fintech sector. The People’s Bank of China is working with Beijing…

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New carrier KiteAir plans June takeoff

New carrier KiteAir plans June takeoff

Mei Ling Tan December 17, 2019

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…

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Vietnam textile industry orders hit by African competition

Vietnam textile industry orders hit by African competition

Mei Ling Tan December 17, 2019

Vietnamese textile manufacturers are seeing orders decline with buyers moving to others, cheaper developing countries. Normally, by the end of a year they would have enough orders for the whole…

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