June 27, 2026

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South Korea prosecutors to indict Lotte chairman, father and brother in corruption probe

Mei Ling Tan October 20, 2016

South Korean prosecutors will file charges on Wednesday against Lotte Group’s chairman, Shin Dong-bin, father and brother alleging they committed offences such as embezzlement and breach of trust worth hundreds…

Lotte jumps into Shanghai retail

Mei Ling Tan October 20, 2016

Lotte Department Store has signed on to a joint venture with Citic Group, a state-owned Chinese company, to operate a shopping mall in Shanghai and to build three more in…

ASEAN e-commerce market keeps booming

Mei Ling Tan October 20, 2016

The ASEAN region (The Association of Southeast Asian Nations) is emerging as one of the most promising e-commerce markets in the world to replace the saturated Chinese market. Following the…

LIU JO Open at Paragon Mall in Singapore

Mei Ling Tan October 20, 2016

Italian fashion brand Liu Jo is pleased to announce the opening of its new boutique in the prestigious Paragon Mall in Singapore. It is also the key flagship boutique for…

The first ever SPAR China Congress

Mei Ling Tan October 20, 2016

The first ever SPAR China Congress kicked off in Weihai, in the Shangdong Peninsula yesterday. The three-day long Congress is being attended by SPAR International Board members, SPAR colleagues from…

DHL Express has inaugurated its South Asia Hub at Singapore Changi Airport

Mei Ling Tan October 20, 2016

The €85 million (US$85.5 million), 23,600-square-metre facility is located at the Changi Airfreight Centre and features the first fully automated express parcel sorting and processing system in South Asia. “Over…

Indonesian herbal medicine to be marketed abroad

Mei Ling Tan October 20, 2016

An original Indonesian herbal medicine, Jamu, will be marketed abroad in the Middle Eastern and ASEAN regions, the chairman of the Jamu Association of Central Java, Nyoto Wardoyo, said here…

Beware the Internet of Unpatchable Things: Akamai

Mei Ling Tan October 20, 2016

A recent spate of attacks involving attackers using IoT devices to remotely generate attack traffic by using a 12-year old vulnerability in OpenSSH have been discovered by researchers at Akamai…

Indonesia’s logistic sector lags behind other ASEAN countries

Mei Ling Tan October 20, 2016

Indonesia needs to work harder to improve its logistic sector because its performance lags behind those of other ASEAN countries such as Singapore, Thailand and Malaysia, Finance Minister Sri Mulyani…

KDDI, Toyota develop app to reduce road accidents

Mei Ling Tan October 20, 2016

Toyota Motor, Komeda and KDDI in September have jointly developed a smartphone application called Driving Barista, aimed at reducing the number of traffic accidents in Aichi Prefecture caused by drivers…

Hotel occupancy rates increase in Bali

Mei Ling Tan October 20, 2016

The occupancy rates of star rated hotels in Bali averaged 72.40 percent in August or an increase of 1.76 percentage points from 70.62 percent in the previous month. “The occupancy…

Telstra close to launching Gigabit-class LTE

Mei Ling Tan October 20, 2016

Telstra has worked with Qualcomm, Ericsson and NETGEAR to develop the world’s first Gigabit-class LTE mobile device and Gigabit-class commercially ready LTE network. A new NETGEAR mobile router based on…

Renault launches two new cars in Indonesia

Mei Ling Tan October 20, 2016

Despite a bleak forecast for the automotive market in Indonesia, French carmaker Renault and its local partner PT Auto Euro Indonesia launched two new products in Jakarta on Wednesday: the…

Vietnam grants 4G licenses to three cellcos

Mei Ling Tan October 20, 2016

Vietnam has granted 4G licenses to three of the market’s major mobile operators – MobiFone, military-run Viettel and state-owned VNPT. The operators have been granted permission to roll out LTE…

UOB Indonesia offers Rp 1.1 trillion in bonds to strengthen lending

Mei Ling Tan October 20, 2016

United Overseas Bank (UOB) Indonesia plans to issue Rp 1.1 trillion (US$84.5 million) in bonds in November. The issuance hopes to raise cash to support the bank’s lending capacity next…

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