Thai mobile operator TrueMove has decided not to participate in the upcoming 900-MHz auction on May 27 after all. The decision was made public late last night in a leaked…
Shanghai is the world’s sixth-most popular city for luxury goods retailers, according to an industry report. The Destination Retail 2016 study of 240 international brands by real estate consultancy JLL, ranks…
On Wednesday, LEGO has opened its largest retail store in the world inside Shanghai Disneyland as the trial period of the amusement park is ongoing before its official opening on…
If there’s one clear example of “accessible luxury” making strides in China’s retail industry, it’s Furla. The Italian fashion house has been in the midst of a rapid evolution, going…
Due to a drop in car deals. Retail sales in Singapore contracted by 1.4% month-on-month in March, following a 4.8% drop in car sales. Excluding motor vehicle deals, retail sales…
Developed and owned by Ayala Malls, a real-estate subsidiary of Ayala Land, which is an affiliate of Ayala Corporation, one of the oldest and most prominent family owned conglomerates in…
The Ministry of Strategy & Finance announced on May 12 that South Korean enterprises’ and individuals’ overseas direct investment increased by 29.5% from a year ago to US$10.3 billion in…
To be more affordable for the market, Zara India has cut its merchandise prices by 10 to 12 per cent. The Spanish fashion brand took this move to coincide with…
Classic American menswear retailer Brooks Brothers has opened a flagship store at Bangkok’s Gaysorn Shopping Centre, to be followed by more outlets in the city. The new Brooks Brothers Thailand store’s…
The Third Sabang Festival is expected to attract 30 thousand tourists to visit Weh Island, Head of Sabang Culture and Tourism Zulfi Purnawati has stated. The festival will be held…
Lotte Group Chairman Shin Dong-bin will meet Indonesian President Joko “Jokowi” Widodo during his three-day state visit to Korea which began Sunday. According to a Lotte official, Sunday, Shin and…
Swedish furniture and homewares retailer Ikea is reportedly planning to take over the leases of an undisclosed number of BHS sites in the UK. Such a move would mark a…
State-owned oil and gas company Pertamina has lowered the prices of Pertamax gasoline by Rp200-Rp300 per liter effective as of 00:00 on Sunday, 2016. Corporate Communication Vice President of Pertamina…
North Sumatras exports of natural rubber has continued to shrink, down 8.23 percent in volume to 137,826 tons in the first four months of the year from 150,194 tons in…
The state-owned lender Bank Mandiri reported Rp3.8 trillion in net profit in the first quarter of 2016 thanks to increases in net interest income and fee-based income. The countrys largest…
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