June 18, 2026

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Vegetables prices increases threefold in China

Mei Ling Tan January 24, 2016

Severe cold weather affecting in Southern China throughout the weekend as residents are racing to stock up on the essential foods and vegetables so they’ll have the capacity to stay…

First Internet Retailing Expo in Asia Took Place in Jakarta

Mei Ling Tan January 24, 2016

On 19-20 January 2016, Internet Retailing Expo successfully launched its first edition in Jakarta. Indonesia was chosen to host the event due to the potential of country’s consumer market and an…

China’s LeEco to enter Indian market with flagship Le Max and Le 1s smartphones

Mei Ling Tan January 24, 2016

LeEco, the Chinese entertainment giant formerly known as Letv, is bidding to become a top brand in India’s fast-growing smartphone market with the release of two handsets next month through…

Online sellers turn Southeast Asia retail industry upside down

Mei Ling Tan January 23, 2016

Here’s how bad it is in Southeast Asia’s retail industry for sellers. They are paying more to borrow money to keep their business going than consumers do to keep buying…

SingPost fuses e-commerce businesses to form global commerce enabler

Mei Ling Tan January 23, 2016

It plans to further widen its US logistics footprint. The Postman is putting its eCommerce business on laser focus as it integrates its logistics limbs TradeGlobal and Jagged Peak to…

Martell embarks on Legendary Journeys in Asia Travel Retail

Mei Ling Tan January 23, 2016

Martell has designed a limited edition gift box which contains Martell Cordon Bleu and a complimentary Martell XO miniature. The Martell Legendary Journeys gift box features a design which celebrates…

Keppel Land FY2015 net profit jumps 45% yoy to $701 million

Mei Ling Tan January 23, 2016

Keppel Land’s full year net profit jumped 45% to $701 million from $482 million a year ago. Full year revenue for FY2015 rose 11% to $1.9 billion from $1.7 billion a…

Korea eyes nationwide sales event to boost consumption

Mei Ling Tan January 23, 2016

South Korea will start another round of nationwide discount events later this month in a bid to boost domestic consumption around the Lunar New Year’s holiday, the finance ministry said…

Retail-tech start-up SnapBizz raises $7.2 million

Mei Ling Tan January 23, 2016

SnapBizz Cloudtech Pvt Ltd, a start-up that devises technology for corner grocery stores, has raised $7.2 million in an investment round led by venture capital firms Jungle Ventures, Taurus Value…

Keppel Land acquires 22.4% interest in 112 Katong

Mei Ling Tan January 23, 2016

Keppel Corp’s property arm Keppel Land has acquired a 22.4% interest in 112 Katong Mall from BHG Holdings, Imagine Properties and Perennial Singapore Investment Holdings for $51.4 million in cash. The…

Technology bringing more personalised experience to shopping

Mei Ling Tan January 23, 2016

The launch of the second plan aims to build on the same momentum – helping retailers with manpower-saving technologies. But beyond resolving the industry’s manpower crunch, technology is also changing…

Thai Tycoons Said to Compete for Casino’s Southeast Asia Units

Mei Ling Tan January 23, 2016

Some of Thailand’s richest families are preparing to compete for the Southeast Asian operations of French supermarket operator Casino Guichard-Perrachon SA, according to people with knowledge of the matter. Billionaire…

BlackRock’s Laurence Fink sees buying opportunity

Mei Ling Tan January 23, 2016

Laurence D Fink, who runs the world’s largest asset manager, said the recent stock market decline presents a buying opportunity because markets are poised to gain over the course of the…

‘Maintenance Fee’ for All Foreign Tourists Proposed by Tourism Governor

Mei Ling Tan January 22, 2016

A plan to charge foreign tourists 360 baht each time they enter the kingdom as a fee to maintain and improve tourist attractions has been proposed by the head of…

Where Chinese tourists are spending their shopping dollar

Mei Ling Tan January 22, 2016

Mainland China has become one of the main global suppliers of tourists, and that has been paying dividends for retailers globally. But as the Chinese are roaming further afield, Hong…

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