June 24, 2026

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China’s large retailers report slower growth in 2015

Mei Ling Tan July 12, 2016

China’s large retailers registered slower growth last year, with brick-and-mortar stores under continuous pressure due to booming e-commerce, a report showed Thursday. The sales volume of the country’s top 100…

Troubles may mount for Indian smartphone vendors and you can blame China

Mei Ling Tan July 12, 2016

It’s going to be a lot tougher to buy smartphones in India around the festive season beginning October, a time when Indians buy the maximum, fancy gadgets included. The reason…

HTC 10 will launch in Malaysia on 14 July with RM 2799 price tag

Mei Ling Tan July 12, 2016

HTC Malaysia has announced that HTC 10 will be launched in Malaysia on 14 July 2016. The HTC 10 will be sold with the retail price RM 2,799 for the…

French sports equipment store Decathlon making big foray in Malaysia

Mei Ling Tan July 12, 2016

French sports equipment chain store, Decathlon, is embarking on an aggressive expansion in Malaysia by targeting to open up to 60 stores within the next decade. Decathlon Malaysia chief executive officer…

Subdued tourism and weak retail sales likely to hurt Hong Kong economy

Mei Ling Tan July 12, 2016

In the first quarter of 2016, Hong Kong’s economy had contracted 0.4 percent on sequential basis and grew 0.8 percent on year-on-year basis. This was the first contraction since 2014…

End of Growth for Hypermarkets?

Mei Ling Tan July 12, 2016

Hypermarkets, which offer a wide range of products under one roof, once prospered in Korea. Recently, however, sales growth has stagnated with a rapid change in consumer behavior. According to…

Korean cosmetics makers fear losses from THAAD deployment

Mei Ling Tan July 12, 2016

South Korean retailers and cosmetics companies are closely watching China’s moves after Korea and the US decided to deploy an advance missile defense system in the country on July 8.…

Thailand Future Fund secures adviser

Mei Ling Tan July 12, 2016

Vorapak Tanyawong, president of KTB, said yesterday that the financial adviser would propose the options for fund mobilisation to the government, with KTB having the nationwide network to distribute fund…

Sony’s GEM expands into SE Asia

Mei Ling Tan July 12, 2016

GEM, the joint venture entertainment channel between Sony Pictures Television (SPT) Networks and Nippon Television Network (Nippon TV), is expanding into new Asian markets. The channel will launch in Indonesia,…

Global pay TV subs rise 2% in Q1

Mei Ling Tan July 12, 2016

The worldwide number of pay television subscribers reported by informitv’s Multiscreen Index rose by 6.9 million or 1.7% in the first quarter of 2016. Three in five (60%) of the 100 leading…

McDonald’s Hong Kong opens toy museum

Mei Ling Tan July 11, 2016

In partnership with creative agency DDB and Tribal Hong Kong, McDonald’s Hong Kong has opened a concept store in Taikoo Shing. Featuring more than 1000 of the family restaurant’s toys…

Uniqlo Canada stores about to launch

Mei Ling Tan July 11, 2016

Japanese lifestyle retailer Uniqlo Canada is close to opening its first two stores, in Toronto. Uniqlo Canada COO Yasuhiro Hayashi says the autumn collection to feature at the stores has…

Fosun International acquiring French brand IRO

Mei Ling Tan July 11, 2016

Chinese fashion retailer Fosun International will reportedly acquire French apparel brand IRO. IRO’s founders, brothers Laurent and Arik Bitton, will retain a 40 per cent stake, while Fosun will acquire…

Garuda Indonesia Raking It In During Idul Fitri Holiday

Mei Ling Tan July 11, 2016

Flag carrier Garuda Indonesia filled more seats on its domestic flights during the Lebaran exodus this year, as more people chose air travel to return to their hometown for Idul…

HGC launches cloud backup service

Mei Ling Tan July 11, 2016

Hutchison Global Communications (HGC) has launched a one-stop enterprise-grade cloud backup service to augment its cloud portfolio. The Backup-as-a-Service offering is designed to allow enterprises to back up files, operating…

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