June 19, 2026

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Macau gaming revenue falls 34% in 2015 due to corruption crackdown

Mei Ling Tan January 8, 2016

Macau’s gambling revenue ended 2015 with a whimper, falling for a second straight year as mainland China’s corruption crackdown continued to keep high rollers from the Asian gaming hub. Revenue…

India’s direct selling industry likely to reach Rs 645 bn by 2025

Mei Ling Tan January 8, 2016

A report titled, ‘Direct 2015 – Direct selling: Mapping the industry across Indian states’ by FICCI-KPMG says that direct selling, the oldest and traditional forms of selling, is today a…

Vietnam’s retail sales jump 9.5% last year

Mei Ling Tan January 8, 2016

Viet Nam’s retail sales of goods and services rose 9.5 per cent this year, the largest increase since 2011, as low inflation and strong economic growth bolstered consumer confidence, data…

Credit Suisse: Tough Days for Retailers Next Year as Weak Rupiah and Spending Linger

Mei Ling Tan January 8, 2016

Indonesian retailers could see tough days persisting next year as they wade through a storm of weak rupiah and waning consumer demands, analysts at Credit Suisse Securities Indonesia says. Retailers…

GST, ringgit decline hit retailers causing 40% drop in sales, says employers group

Mei Ling Tan January 8, 2016

Retailers have experienced a major drop in sales with some registering a more than 40% decline over festive periods in the second half of the year, the Malaysian Employers’ Federation…

Singapore risks fading into investment backwater as market cap shrinks

Mei Ling Tan January 8, 2016

Fresh off its worst year for listings in at least two decades, the Singapore stock market now faces the threat of fading into an irrelevant backwater for global investors as…

Singapore consumer confidence in Dec above long-term average

Mei Ling Tan January 8, 2016

Although currently weak in personal finances, consumers in Singapore have expressed confidence over the next five years. This has led December’s level of consumer confidence to rise to levels above…

Hypermarket sales could hit new high of more than NT$180 bil. in 2015

Mei Ling Tan January 8, 2016

Sales of hypermarkets in Taiwan are expected to hit a new high of more than NT$180 billion (US$33 billion) this year as chain operators have made great efforts to develop…

Bee forces flight delay in Indonesia

Mei Ling Tan January 8, 2016

An errant bee delayed the takeoff of a flight operated by Indonesia’s Garuda Indonesia, the flag carrier’s spokesman said Wednesday. Benny Butarbutar, the company’s vice president of corporate communications, told…

AirAsia X promotes KL-Jeddah route to Indonesians via charter contract

Mei Ling Tan January 8, 2016

AirAsia X Bhd (AAX) has signed an agreement to charter aircraft from sister company PT Indonesia AirAsia (IAA) for 24 return flights between Jakarta and Kuala Lumpur for US$648,000 (RM2.82mil).…

Indonesia revising 2018 Asian Games mascot after criticism

Mei Ling Tan January 8, 2016

Indonesia is revising the mascot for the 2018 Asian Games after criticism that the newly unveiled bird-of-paradise looks more like a chicken. Gatot Dewa Broto, a senior official at the…

SPH Media Fund invests in Indonesia-based cashback app Snapcart

Mei Ling Tan January 8, 2016

Snapcart, a mobile app based in Indonesia, announced today (Jan 5) that it has successfully raised US$1,675,000 (S$2,385,000) pre-series A funding. Among this round’s participants are Wavemaker Partners, SMDV, Ardent…

Matahari Department Store ups stake in MatahariMall.com operator

Mei Ling Tan January 8, 2016

Indonesia public listed retail company PT Matahari Department Store Tbk (LPPF) has increased its ownership in PT Global Ecommerce Indonesia (GEI), which indirectly owns stake in e-commerce player MatahariMall.com. GEI is the…

DBS Indonesia upbeat, eyes higher loan growth in 2016

Mei Ling Tan January 8, 2016

Private lender Bank DBS Indonesia, part of Singapore’s DBS Group Holdings, expects higher loan growth this year compared to 2015 as it predicts an improvement in the country’s economy. DBS…

Bengkulu exports Layur fish to Japan

Mei Ling Tan January 8, 2016

The fisheries cooperative of the Bengkulu city has started exporting Layur fish (Trichiurus Lepturus) to many countries, such as Japan, Taiwan, China and South Korea. Layur fish export was started…

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Latest News

Macau gaming revenue falls 34% in 2015 due to corruption crackdown

India’s direct selling industry likely to reach Rs 645 bn by 2025

Vietnam’s retail sales jump 9.5% last year

Credit Suisse: Tough Days for Retailers Next Year as Weak Rupiah and Spending Linger

GST, ringgit decline hit retailers causing 40% drop in sales, says employers group

Singapore risks fading into investment backwater as market cap shrinks

Singapore consumer confidence in Dec above long-term average

Hypermarket sales could hit new high of more than NT$180 bil. in 2015

Bee forces flight delay in Indonesia

AirAsia X promotes KL-Jeddah route to Indonesians via charter contract

Indonesia revising 2018 Asian Games mascot after criticism

SPH Media Fund invests in Indonesia-based cashback app Snapcart

Matahari Department Store ups stake in MatahariMall.com operator

DBS Indonesia upbeat, eyes higher loan growth in 2016

Bengkulu exports Layur fish to Japan

Chinese Beauty Brand Judydoll Conquers Europe via Joybuy E-commerce Platform

Lululemon Issues Apology in China for Cultural Misstep at Great Wall Event

Buccellati Unveils Palatial Asia-Pacific Flagship Store in Bangkok, Boosting Presence in Southeast Asia

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Domestic Demand Dwindles in China Despite Soaring Industrial Output

Shein and BHV Call it Quits: End of Controversial Fashion Partnership in Paris

Billion-Dollar Bite: Yum China Gobbles up Pizza Hut in Transformative $1.2B Deal

Starbucks Korea Closes for Sensitivity Training Following Historic Campaign Controversy

Chow Tai Fook Unveils Chic Redesigned Boutique in Vancouvers Luxury Retail Hub, Oakridge Park

China Cracks Down on Walmart’s Sams Club Over Food Safety Concerns

Thriving Puppy Preschools: Chinas New Trend in Pet Pampering

Nike Unleashes Football Universe in Hong Kong Stores to Ignite World Cup Fever

Muji’s Expansion in China: Winning Over Consumers with Localization Strategy

Fee-Free ATM Withdrawals in Malaysia: New Initiative Boosts Accessible Banking from July

Hanoi’s Prime Western Land on Sale: Priced from $40M with Residential Development Opportunities