June 19, 2026

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Two Malaysian firms plan agarwood venture in Laos

Mei Ling Tan January 10, 2016

Two Malaysian companies plan to invest US$18 million (RM79 million) for the inoculation of agarwood in Laos that is expected to generate US$200 million in three years. Agriculture transaction company…

How online and offline will dominate retail in Asia in 2016

Mei Ling Tan January 10, 2016

Innovations in technology are predicted to make progressive strides related to online and offline commerce, thus improving the retail experience significantly in 2016. With new developments like Google’s Physical Web…

Victoria’s Secret to open first flagship store here

Mei Ling Tan January 10, 2016

Victoria’S Secret will open its first South-east Asia flagship store in Singapore by year end and unveil a full assortment of its sexy wares. The international lingerie brand will open…

Korean Customs to issue more duty free licenses?

Mei Ling Tan January 10, 2016

Park Geun-Hye’s South Korean government has commissioned a formal review of the domestic duty free industry, its impact on tourism and what it perceives as the dominance of Lotte Duty…

Why More Retailers Could Default in 2016

Mei Ling Tan January 10, 2016

Last year was grim for retailers. This year could be even worse. Despite a late surge in holiday sales, companies like J. Crew Group Inc. and 99 Cents Only Stores…

Apple on a roll with retail expansion in China as it announces 30th store

Mei Ling Tan January 9, 2016

China’s current economic problems – share trading suspended for the second time in a week after stocks fell 7% – doesn’t seem to be impacting Apple’s retail store expansion program in the…

Amazon opens web services in Korea

Mei Ling Tan January 9, 2016

Amazon Web Services has reported the opening of its twelfth geographic locale in Korea bringing the number of accessibility zones to 32. There are two new accessibility zones accessible in…

Mercedes-Benz Malaysia hits highest ever record sales for 2015

Mei Ling Tan January 9, 2016

The Mercedes-Benz brand recorded an all-time high of 10,845 units sold for 2015, which also represents a year-on-year growth of a massive 56 per cent growth over 2014 sales units…

Apple to open its 25th new retail store in China

Mei Ling Tan January 9, 2016

Apple has declared that its 29th retail location in China opens in Shenyang, the capital city of Liaoning, on Saturday, January 9 at 10:00 a.m. local time. The store will…

SM Cinema adds more cinema screens nationwide

Mei Ling Tan January 9, 2016

SM Cinema is bringing world class entertainment closer to provincial areas as it adds more cinema screens nationwide. SM Cinema, which operates the largest chain of cinemas in the country…

Singapore firms join Chongqing project

Mei Ling Tan January 9, 2016

A slew of Singapore firms, including property giant CapitaLand and banks DBS and UOB, have joined the third Sino-Singapore government-led project, which is based in Chongqing. DBS inked four strategic…

Stronger HK dollar a turn-off for tourists

Mei Ling Tan January 9, 2016

The sharp decline in the yuan and volatile stock markets have exacerbated retail and tourism woes in Hong Kong as a weak currency means it is no longer attractive for…

Malaysia provides Tweakker with entry into Asian MVNO market

Mei Ling Tan January 8, 2016

Spirent Communications has announced that the firm’s mobile device intelligence unit -Tweakker, has won its first contract with a mobile virtual network operator [MVNO] in Asia. Called redONE , the contract enables…

BlackRock sells luxury Kuala Lumpur mall

Mei Ling Tan January 8, 2016

In a MYR160 million ($37.33 million) deal, asset manager BlackRock has sold a luxury shopping mall in central Kuala Lumpur to Malaysia’s Pavilion Real Estate Investment Trust. Reputed to be…

Bank Mega, official Barcelona bank in Indonesia

Mei Ling Tan January 8, 2016

FC Barcelona and Bank Mega signed a Regional Partnership Agreement last December to officially confirm the latter as FCB’s Official Bank in Indonesia. The representatives of the Club at the…

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