June 27, 2026

Latest News

Singapore Website Shutdown After Selling Fake Calvin Klein Products from Taobao

Mei Ling Tan October 11, 2016

Website SGbuy4u was found selling fake Calvin Klein goods after investigators successfully purchased imitation wallets and underwear from the website. Calvin Klein’s case against Singapore-based Global PSM marked the first…

Fortis Healthcare to take loan of Rs 77.6 cr from Singapore bank

Mei Ling Tan October 11, 2016

Fortis Healthcare said it´s Mauritius subsidiary Fortis Healthcare international Ltd, has will take a loan of SGD 165 mln (Rs 77.6 crore) from Singapore-based Consortium of Bankers. “Fortis Healthcare Ltd…

Tata Motors Jaguar Retail sales up 70% at 17640 units

Mei Ling Tan October 11, 2016

Jaguar Land Rover, the UK’s leading manufacturer of premium luxury vehicles, today reported its best ever September retail sales of 61,047 vehicles, up 28% compared to September 2015. The month’s…

China’s National Day holiday retail sales growth slows slightly

Mei Ling Tan October 11, 2016

China’s retail sales rose at a double-digit pace during the week-long National Day holiday in October, data from the Ministry of Commerce showed, but growth slowed slightly compared with last…

Combine all your rewards points and get more out of your luxury shopping

Mei Ling Tan October 11, 2016

Shoppers can now save money on luxury brands by combining reward points from their different Visa credit cards. The “Points for Brands” campaign enables customers with Visa credit cards issued…

Xiaomi opens its first store outside greater China

Mei Ling Tan October 11, 2016

Xiaomi phones are finally available offline in southeast Asia as the company has opened a shop outside greater China for the first time ever. The sunny island state of Singapore…

Macy’s plans to launch an e-commerce site in China in 2017

Mei Ling Tan October 11, 2016

Macy’s Inc. says it will launch a Chinese e-retail site in 2017 in order to increase its digital presence in the world’s largest e-commerce market. The department store chain announced…

Toyota with Daihatsu gets ready to enter small-car market

Mei Ling Tan October 11, 2016

The world’s largest carmaker, Toyota Motor, is finally getting ready to enter the Indian small-car market and challenge the dominance of Maruti Suzuki and Hyundai Motor in their bread-and-butter segment.…

How 3D printing will shake up the supply chain

Mei Ling Tan October 11, 2016

Consumers today are already familiar with personalizing their favorite treats by molding them into unique shapes or printing edible messages on cakes, chocolate and flowers, among others. What if you…

Launch of Indonesia’s First Samsung Galaxy Studio Experience Center

Mei Ling Tan October 11, 2016

The latest Samsung gadgets that can be connected to handsets are available for customers to view and purchase. Not only Galaxy smartphones and tablets are on display, but also the…

Indonesia to Extend Ban on Shark Fin Exports

Mei Ling Tan October 11, 2016

Marine Affairs and Fishery Ministry will extend the ban on shark fin exports, said the ministry’s directorate general secretary of marine space management Agus Dermawan. “It may be extended, but…

Kimia Farma builds pharmaceutical raw material factory

Mei Ling Tan October 11, 2016

In cooperation with Sungwun Pharmacopia of South Korea, Indonesias state-owned pharmaceutical company PT Kimia Farma will build the first factory for pharmaceutical raw materials to meet the needs of medicine…

30 percent of Egyptian coffee from Indonesia

Mei Ling Tan October 11, 2016

Indonesia’s Ambassador to Egypt, Helmy Fauzy, said that some 30 percent of the coffee in Egypt comes from Indonesia, which is the leading coffee importer in Egypt. “This is the…

Mastercard Appoints President for Indonesia, Malaysia and Brunei

Mei Ling Tan October 11, 2016

Now he will also be in charge of encouraging the implementation of digital payment technology. Previously based in Kuala Lumpur, Khan and his division will now be headquartered in Jakarta. Mastercard considers…

Assets of sharia banks increase to Rp305.5 trillion

Mei Ling Tan October 11, 2016

The assets of sharia banks rose 18.49 percent year-on-year to Rp305.5 trillion by July, 2016 on growing third party funds. Third party funds held by sharia banks rose 12.54 percent…

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