June 19, 2026

Latest News

Indonesia Wants Netflix to Open Office, Pay Tax

Mei Ling Tan January 13, 2016

If Netflix wants to obtain a but, the company must obey local regulations, such as opening an office and hiring employees. Furthermore, it must also obey tax regulations, which means every transaction with Netflix in…

Singapore-Indonesia Talk Agribusiness Export

Mei Ling Tan January 13, 2016

Minister of Foreign Affairs Retno Marsudi received her Singaporean counterpart Vivian Balakrishnan at the Foreign Affairs Ministry building in Jakarta today, January 13. This meeting between the two ministers is…

Siemens studies participation in Indonesia`s electricity program

Mei Ling Tan January 13, 2016

German company Siemens Energy Sector is studying the possibility of taking part in the governments program in the electricity sector. The government has a program to build power plants with…

Komodo Island named Indonesia`s main marine tourist destination

Mei Ling Tan January 13, 2016

The Ministry of Tourism has mapped Komodo Island as one of the 12 major marine tourist destinations in Indonesia. The other destinations included in the list are Wakatobi in Southeast…

CNBC to launch channel in Indonesia

Mei Ling Tan January 13, 2016

Financial news channel CNBC has struck a deal with PT Trans Media Corpora to launch a CNBC-branded channel in Indonesia. CNBC Indonesia is to enter Southeast Asia’s largest economy later…

China’s stock market like a casino, only riskier

Mei Ling Tan January 13, 2016

The one thing to remember about the Chinese stock market is that it operates so differently from U.S. and European markets. First off, the China market is dominated by retail…

Chow Tai Fook’s Hong Kong, Macau Sales Plunge on Fewer Chinese

Mei Ling Tan January 13, 2016

Chow Tai Fook Jewellery Group Ltd., the world’s largest listed jewelry chain, said same-store sales in Hong Kong and Macau plunged 23 percent in the final three months of 2015…

Hong Kong Airport tenders fashion concession

Mei Ling Tan January 13, 2016

The Airport Authority of Hong Kong (AAHK) is inviting interested companies to tender for a shoes, fashion accessories and sports concession at Hong Kong International Airport, in Terminal 1. The…

Thailand’s TCC buys Metro supermarket

Mei Ling Tan January 13, 2016

Metro said TCC Land International Pte, Ltd, a subsidiary of TCC Holding Company Ltd, has acquired its complete operations in Vietnam for 655 million euros (US$706 million). In a press…

China imposes fresh stock-sale restrictions

Mei Ling Tan January 13, 2016

China’s securities regulator will suspend its newly implemented circuit-breaker mechanism designed to tame market volatility after it exacerbated stock sell-offs and shut down equity trading early twice in one week.…

China’s stock market is a clown show

Mei Ling Tan January 13, 2016

Just as “bad cases make bad law,” to cite the ancient legal adage, bad stock markets make for bad investment decisions. China’s stock market, with its repeated crashes, has the…

Shibuya109 opens in Hong Kong

Mei Ling Tan January 13, 2016

The Japanese department store Shibuya109 has opened its first outlet outside its home market – in Market City in Kowloon, Hong Kong. Owned by Tokyu Hands, Shibuya109’s first Hong Kong…

Myanmar City Mart eyes US$25m expansion

Mei Ling Tan January 13, 2016

The Work Bank Group’s International Finance Corporation (IFC) has invested US$25m in Myanmar’s largest private retailer Myanmar City Mart Holding (CMHL) to expand its operations, create jobs and boost Myanmar’s…

Europe’s Decathlon sets opening date

Mei Ling Tan January 13, 2016

Europe’s leading sports retailer Decathlon will open its first Singapore store on January 16. It follows the unveiling of five stores in Thailand in the two months prior to Christma,…

Singapore male youth burn more money shopping online than women

Mei Ling Tan January 13, 2016

About 5 in 10 say they spend more than $100/month. Singapore male youth spend more than women on online purchases, according to Singapore Polytechnic’s survey of 816 youth aged 15…

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