While the latest Kate Spade figures are respectable, there is a clear slowdown in the pace of growth compared to last quarter. This is most noticeable in the direct-to-consumer segment,…
The growth rate of Vietnam retail sales is slowing, according to official data. The Vietnam General Statistics Office says retail trade and services revenue for the first half of 2016…
Fashion apparel brand Lacoste Korea has renovated its boutique unit inside the Shilla Jeju Duty Free store, showcasing its “standard premium” concept. The retail space is on the fourth floor of…
Fast fashion retailer New Look is to expand its China store network. And while the UK retailer has modest aspirations in terms of store numbers – just 25 globally over…
China Telecom Shenzhen and Huawei have signed an agreement to deliver gigabit broadband connectivity to 900,000 homes in Shenzhen. The companies have entered a five-year deal that aims to transform…
Fortumo and Indonesia’s leading digital telco, Indosat Ooredoo, today announced the launch of direct carrier billing. The partnership will enable 69.8 million Indosat Ooredoo subscribers to make online payments by charging purchases to their…
AirAsia Indonesia has stopped its Bandung-Pekanbaru flight route starting on August 1, 2016, as a part of a network reconstruction effort. The official information has been conveyed to all the…
Jakarta-based health information portal Alodokter has closed a $2.5 million Series A round led by Golden Gate Ventures. The Series A investment also saw participation from existing investors 500 Startups and entrepreneur Lim…
PT Bank Mandiri Tbk, Indonesia’s largest bank by assets, could soon operate here with full banking rights. The move comes after financial authorities from Indonesia and Malaysia signed a bilateral…
Indonesia’s second-quarter economic growth beat analysts’ expectations amid President Joko Widodo’s efforts to spur an economy struggling in the wake of a slowdown in China and low commodity prices. Gross…
Labor Union-Pilot Association of Lion Group (Serikat Pekerja Asosiasi Pilot Lion Air / SPAPLG) is planning to file a lawsuit against the management Indonesia’s low-cost airline Lion Air. SPAPLG Chief Eki…
The number of Indian tourists to Bali reached 92,731 people, during the first semester of 2016, up 55.83 percent from 59,509 people during last years same period. Data from the…
AirAsia Bhd, Asia’s biggest budget airline, will kick off the sale of its leasing unit this month, seeking to cut debt with a deal that could value the business at…
The leading retailers in Korea are seeking to cash in on the global popularity of hallyu by sealing strategic tie-ups with entertainment companies to sell exclusive merchandise. Products bearing the…
Tesla Motors, the Silicon Valley-grown electric vehicle manufacturer, may open its first Korea dealership in a Shinsegae Group shopping complex within this year. “The talks are positive, for sure, but…
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