India is to supply 18 metre-gauge 1350 hp diesel electric locomotives to Myanma Railways. The traction will augment the railway’s fleet and enable it to meet increasing demand for passenger…
Official retail sales data from the mainland shows a continuation of slowing growth this year. According to the National Bureau of Statistics (NBS) China retail sales of consumer goods rose…
Starbucks baristas from across Asia took part in the first Regional Barista Championships in Hong Kong. The contest, held before more than 600 spectators, drew 2000 entries from markets including…
Luxury French brand Longchamp sees Asia as a major contributor to the brand’s global growth in coming years. CEO Jean Cassegrain says 25 per cent of the brand’s business now…
Korea’s Binggrae, famous for its signature banana-flavored milk, will open a banana-flavored milk themed Yellow Cafe. The new concept store will be located in the Dongdaemun branch of Hyundai Outlet…
Electronic payments boost household spending on goods and services as well as boost GDP, according to a study commissioned by global payments technology company Visa. Moody’s Analytics investigated the…
Philippine retail sales soared 6.3 per cent in the last quarter of 2015 – more than three times faster than the same period a year earlier. According to data from…
The South Korean manufacturer launched the Ioniq in its home market two months or so ago, yet Hyundai had to recall the electric drive hatchback after a video was published…
Chinese sportswear maker 361 Degrees Group published its financial report for 2015 in Hong Kong, stating that its turnover reached CNY4.459 billion in 2015, a year-on-year increase of 14.1%; its…
Thailand’s Berli Jucker shareholders have voted in favor of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Pcl (BIGC.BK) from France’s Casino Group. Some 99.99 percent of voters…
Vietnamese developer Hoang Anh Gia Lai has started building the second phase of its landmark Myanmar Centre, which will include two office towers and five residential towers including serviced apartments…
Apple has stepped up its efforts to tap the Indian market by seeking government approvals for opening Apple Stores and selling and manufacturing refurbished devices in India. Now Apple is…
Lotte Group believes that women know what women want. As a result, it’s moving more women into executive positions.In fact, its retail arm, Lotte Mart, has the largest number –…
DFS Group has signed a new supply partnership with the Jeju Tourism Organization (JTO) ‘to raise awareness and attract international tourism to Jeju Island, South Korea, as well as to…
In news that rocked the Korean travel-retail and duty-free world last November, Lotte Duty Free and Walkerhill Duty Free lost major downtown licenses to Shinsegae Duty Free and Doosan…
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