June 27, 2026

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Xiaomi announces its first VR headset

Mei Ling Tan October 9, 2016

Xiaomi is broadening its already expansive range of products by venturing into virtual reality for the first time. The company today announced the Mi VR Play, an “entry-level” virtual reality headset…

Uber rival Grab raises $750M led by SoftBank at a $3B valuation

Mei Ling Tan October 9, 2016

Grab, the largest company rivaling Uber in Southeast Asia, has confirmed that it has raised $750 million in fresh capital. This is the company’s Series F round, and it was…

No Solution yet to Google Tax Issues

Mei Ling Tan October 9, 2016

The Communications and Informatics Ministry said that it has not come up with the best solution in relation to the endeavor of collecting taxes from giant tech company Google, as…

Governement expects food self-sufficiency in 2018

Mei Ling Tan October 9, 2016

Food self-sufficiency is expected to be realized in 2018, and there will be no imports in 2016, Vice President Jusuf Kalla asserted. “Food-sufficiency is expected to be realized within three…

Indonesia offers Japan Jakarta-Surabaya rail project

Mei Ling Tan October 9, 2016

Indonesia has officially offered Japan the opportunity to take part in the semi high-speed rail construction project connecting Jakarta to Surabaya in East Java, a senior minister said. Coordinating Maritime Affairs Minister…

Logistic Operators Become More Green Globally

Mei Ling Tan October 9, 2016

A combination of external and internal pressures are continuing to drive a ‘greening up’ of logistics operations in Asia and worldwide. Increasingly, though, companies are implementing such developments as part…

India passing China as top mobile growth market

Mei Ling Tan October 9, 2016

India is set to overtake China as the most significant mobile growth market worldwide, and Asia is becoming the growth engine of the entire mobile ecosystem, according to the GSMA.…

India’s mega spectrum auction raises just $9.8b

Mei Ling Tan October 9, 2016

India’s major spectrum auction has ended after five days of bidding, raising 657.89 billion rupees ($9.86 billion), far less than the up to $83 billion the government had been anticipating.…

Halal zone to appear in Pulogadung Industrial Area

Mei Ling Tan October 9, 2016

Halal Zone will soon arrive in Pulogadung Industrial Area, East Jakarta, serving as a showcase for Indonesias halal industrial products, officials said. “Halal Zone will have facilities that support halal…

Cambodia sets final deadline for SIM registration

Mei Ling Tan October 8, 2016

The Telecom Regulator of Cambodia (TRC) has given operators until the start of next month to register all customers’ SIM cards or disconnect any remaining unregistered SIMs. Operators will need…

India auto sales soar 20% in September ahead of festive seasons

Mei Ling Tan October 8, 2016

Demand is expected to slowdown in the coming months, however. During Sep-16, domestic sales of passenger vehicles rose 20% YoY and two wheelers grew 22% YoY, ahead of Diwali and…

Hooters Taiwan launch marks Asian expansion

Mei Ling Tan October 8, 2016

Atlanta-based operator and franchiser Hooters of America will enter Taiwan with five new locations. The Hooters Taiwan restaurants will be opened by Hooters’ Asian partner, Bangkok-based franchisee Destination Resorts. The first…

McDonald’s Malaysia ‘not in hurry’ to sell

Mei Ling Tan October 8, 2016

Despite shortlisting several bidders for the McDonald’s Singapore and McDonald’s Malaysia franchise rights, Malaysian subsidiary Golden Arches Restaurants says it is not in a hurry to sell. MD Azmir Jaafar…

Wal-Mart Boosts Stake in JD.com, Expands Further in China

Mei Ling Tan October 8, 2016

Wal-Mart Stores Inc. has reportedly increased its stake in Chinese eCommerce website, JD.com Inc., to 10.8% from 5.9%, aiming to grab more market share in the world’s largest online market.…

Cartier Japan’s renovated Ginza store reopens

Mei Ling Tan October 8, 2016

Following an extensive renovation, the flagship store of luxury jewellery company Cartier Japan has reopened in Ginza, Tokyo. Covering 10,764 sqft (1000 sqm), the boutique houses watch collections on…

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