Louis Vuitton is committed to the Greater China market and the company’s chief believes Hong Kong’s challenges are of a short term nature. And the company has announced it will…
Real estate markets in Asia will likely remain less appealing than those in the US and Europe this year, with Asia plagued by anaemic economic growth and waning rents and capital…
Hong Kong stocks closed at their lowest level since mid-2012 on Friday, extending steep declines from the previous day in a holiday shortened week, as index heavyweight HSBC tumbled to…
It has been found that Korean manufacturing companies’ rate of operation reached a record low since the IMF bailout in 1998 due to the sluggish exports and domestic consumption. Under…
Japan’s largest online retailer Rakuten is closing its Singapore website after two years, and trimming its staff. On Friday, the fifth day of Chinese New Year, about 30 local employees…
HSBC’s Singapore branch is spinning off its retail banking and wealth management division into a local subsidiary. This locally incorporated unit, which will be operational from May 9, will oversee…
Earnings plunged 85 per cent at developer Wing Tai Holdings in the second quarter due to the absence of a one-off gain in the corresponding quarter last year. The group…
Hong Kong International Airport (HKIA) is celebrating the Year of the Monkey with a series of promotional activities and offerings, including cash coupons for shoppers of up to HK$5,000 ($642).…
In order to follow new MAS regulations. HSBC will transfer its local retail banking and wealth management business, which is currently under the HSBC Singapore Branch, to a locally incorporated…
The Hong Kong stock market saw the worst post-Lunar New Year session in 22 years on Thursday, a day after U.S. Federal Reserve chair Janet Yellen confirmed fears of a…
Regent Asia Group Ltd is anticipating a strong increase in duty free revenue over the next few years and expects to double sales by 2018. With the company’s number of…
Jimmy Choo increased their annual global revenue in 2015 by 7 per cent to £318m thanks in part to its eight new stores in China. This demonstrates the continuing popularity…
A $100 million investment aimed at funding pan-Asian expansion is on the cards for Singapore’s online grocer RedMart. Discussions involving the Series C investment are said to be at an…
Thailand has been identified as a key market in Southeast Asia for the launch of the DHL eCommerce domestic delivery service. The end-to-end service for Thai eCommerce merchants offers next-day…
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