June 29, 2026

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Samsung offices in South Korea raided over corruption scandal

Mei Ling Tan November 9, 2016

South Korean prosecutors investigating a confidante of President Park Geun-hye for corruption have searched the offices of Samsung, according to local media. Samsung, the world’s largest manufacturer of smartphones, televisions…

Singaporean middle-income earners spend the most online

Mei Ling Tan November 9, 2016

Check out what do Singaporeans buy based on monthly income. On average, shoppers spend S$155 a month, or S$1,860 a year, on retail purchases and travel bookings online. Those with…

Zalora partners with Calvin Klein Asia

Mei Ling Tan November 9, 2016

Zalora has partnered with Calvin Klein Asia to launch Calvin Klein Jeans, Calvin Klein Underwear and Calvin Klein Performance at Zalora.com. The partnership significantly expands the distribution of Calvin Klein…

Toys R Us Singapore plans two new stores

Mei Ling Tan November 9, 2016

Toys R Us Singapore plans two new stores, despite the current downturn in the retail market. Country manager Raymond Burt told Channel NewsAsia the first will open before Christmas and…

Retailers need to embrace changing Chinese tourist demographics

Mei Ling Tan November 9, 2016

Increasing numbers of Chinese tourists are travelling alone – and retailers in Asia seeking to cash in on their growing spawning power need to find ways to embrace the trend.…

Two more stores for Brooks Brothers Hong Kong

Mei Ling Tan November 9, 2016

US apparel brand Brooks Brothers has opened a flagship store at Gateway Harbour City in Tsim Sha Tsui, as well as a concept store at Times Square, Causeway Bay. Brooks…

CenturyLink to sell data centers for $2.15b

Mei Ling Tan November 9, 2016

US-based global operator CenturyLink has arranged to sell its data centers and colocation business to a consortium led by BC Partners and Medina for $2.15 billion. CenturyLink plans to use…

Nissan expects sales growth to slow in China, U.S. in near term

Mei Ling Tan November 9, 2016

Nissan Motor Co Ltd on Monday said its sales growth in the world’s two biggest auto markets is likely slow in the near term as consumer tax breaks end in…

Philippines Inspect Plane Order at PT Dirgantara Indonesia

Mei Ling Tan November 9, 2016

Under Secretary for Finance and Material, Department of National Defense of the Philippines (General Retirement) Raymundo Elefante, said that his country is currently interested in purchasing Indonesian defense products to…

Adonara Hotel Group to Open 20 New Hotels

Mei Ling Tan November 9, 2016

Amor added the Adonara Group will open the 20 new hotels in Bali, Makassar (Sulawesi), Yogyakarta, Bangka (administratively part of Sumatra) and Solo (Central Java). These locations were selected as…

Indonesia promotes tourism branding at World Travel Market

Mei Ling Tan November 9, 2016

The Tourism Ministry is promoting a tourism brand of Wonderful Indonesia at the global travel fair of World Travel Market (WTM) in London from November 7 to 9, 2016. By…

Indonesia faces increasing senior-citizen population

Mei Ling Tan November 9, 2016

Indonesia is facing the problem of a growing number of elderly people who are expected to reach over 32 million in the next two decades. Indonesia’s elderly in 2010 was…

Reebok restructure to be fast-tracked

Mei Ling Tan November 9, 2016

The new CEO of Adidas says he plans to streamline and restructure the ailing Reebok business as a priority under his watch. CEO Kasper Rorsted, in a conference call with…

President hopes economy to grow more than 6 percent in 2018

Mei Ling Tan November 9, 2016

President Joko Widodo (Jokowi) said he hopes the countrys economy could grow more than six percent in 2018 that the 2018 state budget would get healthier. “In entering the year…

Indonesia, Australia discuss free trade agreement

Mei Ling Tan November 9, 2016

Australian Minister of Trade, Tourism and Investment Steven Ciobo has met Indonesian Minister of Trade Enggartiasto Lukita in Australia on Sunday to discuss free trade agreements. Press releases from the…

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