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Garuda Indonesia opens new flight route in E. Nusa Tenggara

Garuda Indonesia opens new flight route in E. Nusa Tenggara

Mei Ling Tan September 23, 2016

The national airline Garuda Indonesia launched a new flight route here to expand connectivity in East Indonesia, said Director of Garuda Indonesia Cargo Sigit Murhartono on Thursday. “The two new…

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Esprit posts profit in major recovery

Esprit posts profit in major recovery

Mei Ling Tan September 22, 2016

Esprit Holdings (0330) posted a net profit of HK$21 million for the financial year ended June, marking a sharp turnaround from a HK$3.7 billion loss in the previous financial year.…

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The evolution of BreadTalk Singapore through the years

The evolution of BreadTalk Singapore through the years

Mei Ling Tan September 22, 2016

It rolls out new bakery concepts every four years. To stay relevant in this difficult operating environment amidst the onslaught of e-commerce, constant make-over and product innovation are inevitable for…

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Zara owner Inditex profits rise on clothes sales surge

Zara owner Inditex profits rise on clothes sales surge

Mei Ling Tan September 22, 2016

Spain’s fashion retail giant Inditex, owner of popular brand Zara, on Wednesday posted an eight-percent rise in first-half profits thanks to a surge in clothes sales around the globe. One…

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ShopBack Joins MDEC’s #MYCYBERSALE As Official Cashback Partner

ShopBack Joins MDEC’s #MYCYBERSALE As Official Cashback Partner

Mei Ling Tan September 22, 2016

ShopBack Malaysia, the most popular Cashback platform in the country, today announces that it is joining the much-awaited #MYCYBERSALE as its official Cashback partner to give away real, hard cash…

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Ooredoo plans stake sale in Indonesian unit Indosat

Ooredoo plans stake sale in Indonesian unit Indosat

Mei Ling Tan September 22, 2016

Ooredoo plans stake sale in Indonesian unit Indosat. Ooredoo is exploring options including a sale of its controlling stake in Indonesia’s phone carrier PT Indosat as the Qatari phone company…

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South Korea to explore halal food market in Indonesia

South Korea to explore halal food market in Indonesia

Mei Ling Tan September 22, 2016

The South Korean Ministry of Agriculture, Food and Rural Affairs, through the Korea Agro-Fisheries and Food Trade Corporation, will explore the possibility of entering the halal food market in Indonesia.…

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Kumho Tire auction to start in November

Kumho Tire auction to start in November

Mei Ling Tan September 22, 2016

Creditors of Kumho Tire gave formal notice this week that they will hold an open auction for their respective holdings in the South Korean tyre manufacturer with preliminary bidding scheduled to…

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Kewill Prepares To Join WCA E-Platform

Kewill Prepares To Join WCA E-Platform

Mei Ling Tan September 22, 2016

Supply chain solution provider Kewill has begun the process to integrate the WCA’s WIN e-platform to its MOVE forwarding platform. “With over 6,000 independent forwarder members in 180 countries, many…

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UPS to open 3D printing factory in Singapore with Fast Radius

UPS to open 3D printing factory in Singapore with Fast Radius

Mei Ling Tan September 22, 2016

Package delivery company United Parcel Service Inc said on Monday it will expand its 3D printing services to Asia with a new facility in Singapore run by its partner Fast…

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India’s Jio fights with incumbents over PoIs

India’s Jio fights with incumbents over PoIs

Mei Ling Tan September 22, 2016

India’s Reliance Jio Infocomm is in an ongoing battle with the nation’s three incumbent operators over interconnection capacity. Jio, a newcomer to the mobile scene, is accusing Bharti Airtel, Vodafone…

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Korean bank deploys optical encryption from Ciena

Korean bank deploys optical encryption from Ciena

Mei Ling Tan September 22, 2016

KB Kookmin Bank, Korea’s largest financial institution, is deploying Ciena’s encryption capabilities for secure, high-capacity data centre interconnect (DCI), in a bid to better protect customer data. The encryption solution protects…

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Huawei Marine sets unrepeatered distance record

Huawei Marine sets unrepeatered distance record

Mei Ling Tan September 22, 2016

Huawei Marine Networks has announced it has achieved another distance record over unrepeatered systems, achieving a transmission distance of 648.5km during a laboratory trial. During the trial in Beijing, Huawei…

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Telstra conducts Australia’s first live 5G trial

Telstra conducts Australia’s first live 5G trial

Mei Ling Tan September 22, 2016

Australia’s largest operator by subscribers Telstra has teamed up with Ericsson to conduct the nation’s first live 5G trial. The trial in Melbourne used a combined 800MHz of spectrum, achieving…

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McDonald’s Follows Yum Brands, Prepares China Exit

McDonald’s Follows Yum Brands, Prepares China Exit

Mei Ling Tan September 22, 2016

McDonald’s is finalizing a sale of the right to operate its China and Hong Kong restaurants. Prompted by stagnating market share and an increasingly challenging operating environment, the move allows…

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