June 19, 2026

Latest News

Second Starbucks community outlet opens doors in South Korea

Mei Ling Tan May 12, 2020

A second Starbucks community store has opened in South Korea. The new venue, located in Seongsudong, Seoul, is described by the company as a “hub for young people and prospective…

Cebu Pacific slips into first-quarter loss

Mei Ling Tan May 12, 2020

Cebu Pacific posted an operating loss of Ps693 million ($13.7 million) in the first quarter of 2020, reversing the Ps3.85 billion operating profit made in the same period last year. Total…

Ikea Singapore plans opening new concept store at Jem mall

Mei Ling Tan May 12, 2020

Ikea Singapore is to open Southeast Asia’s first ‘small-store’ concept at Jem mall in the city’s west. The announcement today follows news last week that local department store Robinsons was…

Thailand’s CP wins 7-Eleven rights to operate in Cambodia

Mei Ling Tan May 12, 2020

Thailand’s CP Group will launch 7 Eleven Cambodia next year after winning the franchise rights for the country. CP Group, which operates 7-Eleven in Thailand, will run the business via…

Covid-19 cuts US$420 billion from China’s retail market

Mei Ling Tan May 12, 2020

The Covid-19 pandemic has erased US$420 billion from China’s retail market this year – but an analyst predicts a rebound in the second half. Vijay Bhupathiraju, a retail analyst at…

Cebu Pacific offers flexible options for travelers

Mei Ling Tan May 12, 2020

In light of the World Tourism Organization’s #TravelTomorrow campaign, Cebu Pacific Airline encourages travelers to be responsible and stay at home amid the current health crisis as it offers flexible…

Uniqlo Japan same-store sales down in April

Mei Ling Tan May 12, 2020

Uniqlo Japan same-store sales, including online, plunged 56.5 percent in April as the Covid-19 crisis led to restricted store opening times. According to data released by parent Fast Retailing, total…

China’s April Passenger Car Retail Sales Down 5.6%

Mei Ling Tan May 12, 2020

China’s passenger car retail sales in April fell 5.6% from a year earlier to 1.43 million, the China Passenger Car Association said on Monday, as the country gradually recovers from…

Cebu Pacific to introduce Contactless Flights as “new normal”

Mei Ling Tan May 12, 2020

Cebu Pacific will introduce contactless flights in the future when people are ready to fly again. The low-cost airline put safety as its topmost priority in the age of “new…

DHL Express names Best Workplace in Asia for second consecutive year

Mei Ling Tan May 11, 2020

Global people analytics and consulting firm Great Place to Work has named DHL Express as the Best Workplace in Asia for the second consecutive year. Great Place to Work identifies…

AirAsia will not take jet deliveries this year

Mei Ling Tan May 11, 2020

Malaysia’s AirAsia Group said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and…

Tesla Threatens To Move Operations Out Of California

Mei Ling Tan May 11, 2020

Electric vehicle maker, Tesla, has threatened that it will move its operations out of the state of California, where 20,000 of its employees work. This has been a result of…

Microsoft plans to add mouse and trackpad support to Office app on iPads

Mei Ling Tan May 11, 2020

Microsoft has decided to unify its Office apps on Android and iOS last year, so they’re now functioning under a single, smaller app. A couple of months ago, Apple revealed…

Alibaba launches Luxury Soho

Mei Ling Tan May 11, 2020

Luxury Soho targets value-conscious consumers and helps brands quit surplus stock. Alibaba has launched a new platform Luxury Soho, targeting value-conscious aspirational shoppers, and helping high-end brands quit surplus inventory. Accessible…

UBS Hires Former Mainland Regulator for China Integration

Mei Ling Tan May 11, 2020

UBS will look to integrate its China business units in a rapidly changing regulatory environment under the leadership of an ex-official from the mainland banking regulator. Alan Wang (or Wang Wei), a…

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