Real Singapore retail sales fell 6.5 year-on-year in August – twice the rate of decline of the previous month. While the headline figures were 1.1 per cent over July, and…
Datapipe has partnered with footwear retailer Bata to drive its digital transformation by moving its technology infrastructures to the cloud. Bata is seeing strong growth in Asia’s multibillion-dollar footwear market,…
India’s DLF Brands, which runs high-street fashion brands mall Emporio in Delhi, is quitting the luxury business. It has just shut down two of the seven stores of US fashion…
Fashion designer Karl Lagerfeld has announced plans to launch his own branded hotel chain. He has already taken a first step in signing on to design a tower for the…
Singaporean brand TWG Tea has entered the North American market with a store in Vancouver. In its eight years, TWG Tea has opened 56 owned and franchised boutiques and salons…
Chow Tai Fook sales plunged in both Hong Kong and Mainland China markets in the quarter to September 30. By value, same-store sales fell by 30 per cent in Hong…
Over 2 billion consumers worldwide will have used their mobile devices for banking purposes by the end of 2021, up from 1.2 billion this year, Juniper Research predicts. Growth in…
A top down regulatory push toward cashless societies will stimulate exponential growth in the mobile payment market in Asia-Pacific (excluding China and India), which will surge from $71.92 billion to…
Ooredoo Maldives has contracted mobile satellite services provider Thuraya to supply fisheries and resorts in the tropical nation with satellite-based voice and broadband connectivity. The operator yesterday launched Thuraya SatSleeve+…
IDTechEx Research has tracked the RFID market since 1999. IDTechEx find that in 2015, the total RFID market is worth $10.1 billion, up from $9.5 billion in 2014 and $8.8 billion…
Lenovo has commercially launched its transit application in China with the electronic payment and settlement service provider BMAC (Beijing Municipal Administration and Communications Card). The service is supported on Lenovo X3…
Chinese eCommerce companies could face “tremendous challenges” as Alibaba aims to transform the the mainland’s traditional retail industry, worth an estimated US$4.5 trillion. In a letter to shareholders, CEO Daniel…
Zurich Insurance has launched a solution in Hong Kong and Singapore which provides risk-assessment services and protects businesses against the risks associated with supply chain disruptions. Called Zurich Supply Chain…
Vodafone has revealed plans to launch what it expects will be the world’s first live commercial narrowband IoT (NB-IoT) networks in early 2017. The operator will launch LPWA NB-IoT networks…
Vodafone Australia has revealed plans to branch out into offering fixed broadband services over the national broadband network (NBN). The operator plans to extend into fixed-line broadband to give its…
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