State-run Indian Oil Corp (IOC) has bid for rights to import, store and distribute petroleum products in Myanmar. “We have put in a bid to enter fuel marketing and retail…
Hong Kong’s retail sector woes continued in the second month of this year when sales tumbled by more than 20 percent during the period when the Lunar New Year is…
Spring is here, but our struggling retailers have yet to notice its arrival. Last week Li Ka-shing said the economy this year is the worst in 20 years, especially in…
Yen Kuok was never handed anything on a silver platter. In spite of being the daughter of Malaysia’s richest man, Robert Kuok, she worked her way through trial and error…
Hong Kong International Airport (HKIA) has reported that its February passenger traffic grew by 4.9% to 5.7m, while flight movements increased by 4.5% to 32,625 during the month. Airport Authority…
Iconsiam Co has increased its investment by another 4 billion baht for more retail space in response to the long waiting list of foreign investors wanting to expand their businesses…
The fate of Lotte Group hung in the balance several months ago, as the fraternal battle over control of the retail giant reached its peak. However, a year into the…
In a few days it will be one year since the implementation of the Goods and Services Tax. Although the GST has been widely unpopular, many economists consider GST as…
IBM needs no introduction when talking about technology and computing. The US-founded company casts a long shadow over the developments that brought us the personal computer. These days, it’s throwing…
Mitsui Fudosan will develop a nine-story, 45 billion yen ($397 million) mall in Malaysia with local partners as part of an effort to solidify its overseas earnings base for the…
China is changing tax rules for imported goods that are sold online in a move that will make beauty products such as eye creams and moisturizing gels from L’Oreal SA’s…
William MA, Group Managing Director of Kerry Logistics, said, “2014 was a year of consolidation and integration for Kerry Logistics. Through organic growth, investments and strategic acquisitions, we continued to…
Despite signs of a slowdown of imports into China, Singapore Post (SingPost) remains bullish on the prospects for e-commerce flows into Asia’s largest economy. The postal agency has upped its…
Apple and Samsung recognize that revenue from the sale of mobile devices, alone, cannot keep shareholders happy. With the vendors venturing into what is arguably one of the most exciting…
Hong Kong International Airport (HKG) is running a double promotion to travellers, which includes instant rebates in the form of coupons worth up to HK$5,000/$645, as well as a free…
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