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Ford pursues Philippines expansion after record January sales

Ford pursues Philippines expansion after record January sales

Mei Ling Tan February 12, 2016

Automotive firm Ford Philippines is gearing for faster expansion this year to sustain its growth, which has gone to a record level during the month of January. A statement showed…

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Amazon shores up logistics in China as its global delivery business

Amazon shores up logistics in China as its global delivery business

Mei Ling Tan February 12, 2016

Amazon is expanding its logistics services into mainland China and other major shipping hubs to reduce logistics costs as it seeks to expand into the cross-border e-commerce market. This would…

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Benoy expands in Philippines

Benoy expands in Philippines

Mei Ling Tan February 12, 2016

Global design company Benoy is expanding its portfolio in The Philippines, confirming five new commissions while completing two schemes. A studio of architects, masterplanners, and interior and graphic designers, Benoy…

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Thai shopping An e-commerce boom in the making

Thai shopping An e-commerce boom in the making

Mei Ling Tan February 12, 2016

Thailand could be in for an online shopping boom. The country’s telecommunications infrastructure, payment settlement systems and logistics have long been somewhat underdeveloped. For years, the situation has discouraged mall…

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Hong Kong stocks fall in worst start to CNY since 1994

Hong Kong stocks fall in worst start to CNY since 1994

Mei Ling Tan February 12, 2016

Hong Kong stocks fell in their worst start to a lunar new year since 1994 as a global equity rout deepened amid concern over the strength of the world economy. The…

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Singapore stocks end down 1.57 pct

Singapore stocks end down 1.57 pct

Mei Ling Tan February 11, 2016

Singapore shares closed 1.57 percent lower on Wednesday, as investors were catching up with the fall in the U.S. stock market earlier this week amid a global sell-off. Trading resumed…

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First Shipment of Hemp Food Products for Korean Company Shipped from Naturally Splendid Facility

First Shipment of Hemp Food Products for Korean Company Shipped from Naturally Splendid Facility

Mei Ling Tan February 11, 2016

Naturally Splendid Enterprises Ltd. is pleased to announce that the first shipment of 20 metric tonnes of hulled hemp seeds destined for the Port of Busan in South Korea, was shipped…

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Online grocery shopping taking off in Asia?

Online grocery shopping taking off in Asia?

Mei Ling Tan February 11, 2016

Asian consumers are embracing technologies that enable them to buy groceries online and with one click rather than having to walk to bricks and mortar stores to get what they…

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Slower sales for Chinese New Year goodies, say Chinatown retailers

Slower sales for Chinese New Year goodies, say Chinatown retailers

Mei Ling Tan February 11, 2016

Food takes centrestage during Chinese New Year, like most festive celebrations. But in the lead up to the occasion this year, retailers selling festive goodies say business is more lacklustre…

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The new globetrotters Hong Kong and Macau work to rekindle their tourism spark

The new globetrotters Hong Kong and Macau work to rekindle their tourism spark

Mei Ling Tan February 11, 2016

A stroll down Queen’s Road Central reveals the changes that the drop-off in mainland Chinese tourists has wrought in this once-exclusive shopping area. U.S. luxury handbag maker Coach shut down…

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Hong Kong International Airport Expands Retail and Catering Options

Hong Kong International Airport Expands Retail and Catering Options

Mei Ling Tan February 11, 2016

Nine retail shops and a café have opened in the recently-inaugurated 105,000-square-metre Midfield Concourse of Hong Kong International Airport (HKIA). In addition to the new shops, there are also outposts…

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Sistema floats $50M Asia fund to invest in niche retail technology

Sistema floats $50M Asia fund to invest in niche retail technology

Mei Ling Tan February 11, 2016

Russia-based Sistema has floated a $50 million Asia Fund to invest in startups in India and Asia, reports ET. The company will focus on making Series A to Series C…

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Will escalating China woes derail CRCT’s growth story?

Will escalating China woes derail CRCT’s growth story?

Mei Ling Tan February 11, 2016

It will benefit from increased consumption. CapitaLand Retail China Trust is still poised for growth despite China’s slowing economy, according to a report by DBS. Although investors are currently fearful…

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UK retailers fail to capitalise on burgeoning e-commerce in China

UK retailers fail to capitalise on burgeoning e-commerce in China

Mei Ling Tan February 11, 2016

‘Retailers are falling short in serving both Chinese shoppers and others overseas by not providing the seamless shopping experience they offer here in the UK’ Although 71% of the UK’s…

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Thai conglomerate buys Big C for $3.4bn

Thai conglomerate buys Big C for $3.4bn

Mei Ling Tan February 11, 2016

BANGKOK — Marking its first full-fledged step into the retail market, Thai conglomerate Thai Charoen Corporation (TCC) Group, owned by alcohol tycoon Charoen Sirivadhanabhakdi, has agreed to buy a majority…

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