June 19, 2026

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Ramada Bali Sunset Road Kuta Opens in Indonesia

Mei Ling Tan January 8, 2016

Demonstrating strong and increasing interest in its portfolio of brands in South East Asia, Wyndham Hotel Group has introduced a third hotel in Bali, Ramada Bali Sunset Road Kuta, located…

First passenger drone makes its debut at CES

Mei Ling Tan January 8, 2016

Chinese entrepreneurs bring their one-person craft, which is controlled by tablet and capable of flying 60mph, to the annual technology convention CES. A Chinese company claimed a world first on…

Hong Kong Retail to Reshuffle as Sales Remain Lackluster

Mei Ling Tan January 7, 2016

Hong Kong retailers are far from optimistic about sales during next month’s Lunar New Year holiday as retail sales fell for nine months in a row, with a 7.8 percent…

Canada’s Manulife seeks to revive Singapore REIT IPO this year -exec

Mei Ling Tan January 7, 2016

Canada’s Manulife Financial Corp is looking to revive a plan to list a real estate investment trust in Singapore this year after an initial public offering (IPO) was shelved last…

Hong Kong retail sales figures fall for 12th straight month

Mei Ling Tan January 7, 2016

Hong Kong retail sales fell 7.8 per cent in November – a drop worse than expected that prompted retailers to draw parallels to 2003, when the city was hit by…

Apple Inc. Continues To Bet Big On China, To Open 29th Store

Mei Ling Tan January 7, 2016

Apple Inc. continues to bet big on China. It did so last year, and is doing so this year also. The US firm will open its 29th retail store in…

Retail sales slumps 7.8 per cent in HongKong

Mei Ling Tan January 7, 2016

Hong Kong retail is going on its year-long downturn, with an estimate of total retail deals drooping 7.8 percent to HK$38.1 billion last November contrasted to figures a year before.…

Vipshop Stock Slumping as China Trading Halted

Mei Ling Tan January 7, 2016

Shares of Vipshop Holdings are lower by 7.99% to $14.05 on Monday morning, as stocks traded in the U.S. but based in China tumble due to the global stock selloff, spurred…

Hong Kong e-money ordinance to boost retail payment market

Mei Ling Tan January 7, 2016

Hong Kong’s new e-money ordinance will help further develop the retail payment services market in the SAR and enhance public confidence in using such products, according to experts in the…

Koreans Embrace Mobile Shopping

Mei Ling Tan January 7, 2016

The total value of purchases made through mobile phones hit a record in November 2015. According data from Statistics Korea on Monday, the amount of mobile transactions surged 52.3 percent…

Gaisanos,Korea’s Woori Bank team up on banking

Mei Ling Tan January 7, 2016

THE GAISANO family has taken in Woori Bank of South Korea as a strategic partner in thrift bank subsidiary Wealth Development Bank Corp. to brace for stiffer competition in the…

Korea’s E-Mart Vietnam launches

Mei Ling Tan January 6, 2016

As a first step in a Southeast Asian rollout, Korean discount store E-Mart has opened its first outlet in Vietnam. It goes head-to-head with rival Korean chain, Lotte Mart, which…

The opening of Joy City Chengdu

Mei Ling Tan January 6, 2016

Hong Kong-listed Joy City Property has opened its newest Mainland China mall – Joy City Chengdu. The new 400,000 sqm mall opened its doors on Christmas Eve – five days…

Esprit sells Hong Kong offices to free cash

Mei Ling Tan January 6, 2016

Embattled apparel retailer Esprit has sold its Hong Kong office block on a leaseback arrangement to free capital for its continuing reform plan. The transaction will deliver Esprit an estimated…

Ginza West Hong Kong store is first outside Japan

Mei Ling Tan January 6, 2016

Japanese confectionery company Confectionery West (Ginza West) has opened its first overseas store in Hong Kong, leveraging the city’s international platform to expand its business outside its home market. Ginza…

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