China Singles Day is an entertaining festival widespread among young Chinese people, to celebrate the fact that they are proud of being single. To celebrate these singletons like to shop,…
SM Prime boosted net profit by 15 per cent to PHP4.9 billion in third quarter of 2016. Overall revenue rose by 14 per cent to PHP18.5 billion. The SM Prime…
UK company Dyson, known for its innovative vacuum cleaners and air purifiers, plans to open its own retail stores in India by the middle of next year. It has already…
The booming networks of Korean cafes has driven a huge rise in the country’s dessert market. According to data issued by the government, the sector expanded sales by 13.9 per…
Retailers and brands need to change the way they market to older consumers if they want to engage them, says a new report by consumer insight firm Canadean. Traditional techniques…
In a third investment deal in retail real estate in China within in two weeks, the Canadian Pension Plan Investment Board (CPPIB) has signed up to acquire a 40 per…
With Chinese shoppers buying fewer watches, Richemont sales continue to slide, prompting the luxury brand owner to announce uncharacteristically radical moves. While continuing to cull its store network, Richemont has…
Coordinating Economic Minister Darmin Nasution believes that the impact of the US presidential election on Indonesia’s economy is only temporary. Darmin said that the government would anticipate changes in the…
The Philippines’ telecoms regulator NBTC plans to hold a spectrum auction for a third entrant into the mobile market in mid-2017. The spectrum surrendered by incumbents Globe and PLDT as…
Expats’ favorite supermarket, Foodland, plans to expand lots over the next five years. The chain has doubled its yearly investment budget to THB500 million to open four or five new…
Singtel has reported a 2.3% decrease in group revenue for its fiscal second quarter to S$4.08 billion (2.89 billion), as the company felt the impact of regulatory changes in Australia.…
Ooredoo Group has signed a five-year contract with Ericsson to implement the Swedish vendor’s revenue management system across the group’s operations in the Middle East, North Africa and Southeast Asia.…
Toyota Motor Corp launched production in Turkey on Wednesday of its C-HR compact SUV crossover and said the model would be exported to all global markets including North America. In…
The Rhenus Group is opening its own business operations in South Korea at the beginning of November. The logistics specialist also founded the national company known as Rhenus Logistics Korea…
The total transaction value of mobile financial services in emerging markets will reach $500 billion in 2021, up from $198 billion in 2016, Juniper Research estimates. The estimates include revenue…
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