June 19, 2026

Latest News

DHL adds American flights due to COVID-19

Mei Ling Tan May 11, 2020

DHL Express has seen imports from Asia to the Americas increase substantially as it helps battle COVID-19. Asian imports, coming primarily from China, are up 70% year-on-year, with DHL Express…

First Siam Makro store in Myanmar opens its doors

Mei Ling Tan May 11, 2020

The first Siam Makro store in Myanmar has opened its doors as the Thai-based cash & carry operator eyes the fast-growing foodservice sector in the rising country Myanmar. Located in…

Google Duo update adds important new features,

Mei Ling Tan May 11, 2020

Google Duo received quite a few updates in the last couple of months, a strong indication that Google has big plans for the app. The most recent Duo update brings a…

Tea WG opens fourth Hong Kong store

Mei Ling Tan May 11, 2020

Singaporean luxury tea brand Tea WG has expanded its Hong Kong footprint, adding a fourth boutique at Sha Tin’s New Town Plaza, its first in the New Territories. The retailer,…

Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

Mei Ling Tan May 11, 2020

Mazda Motor Corp has sought loans totaling about 300 billion yen ($2.8 billion) from Japan’s three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct…

Ferrari Restarts Production At Maranello & Modena Plants In Full Capacity

Mei Ling Tan May 11, 2020

Ferrari, on Friday, officially announced the resumption of operations at its Maranello and Modena plants at full capacity, which in-line with its ‘Back on Track’ program. The first car to…

OCBC Quarterly Profits Down

Mei Ling Tan May 11, 2020

Net profits at OCBC plunged 43 percent in the first quarter due to non-operating losses from its insurance arm and increased provisions most notably for oil-linked exposure. OCBC posted S$698 million…

Hong Kong Cosmetics retailers Lush and Bonjour sued for unpaid rent

Mei Ling Tan May 11, 2020

Two Hong Kong cosmetics retailers have fallen victim to the coronavirus crisis facing legal action over unpaid rent. British-headquartered chain Lush has been sued by its landlord, Shun Cheong Properties…

Google adds new productivity tools to Lens

Mei Ling Tan May 11, 2020

Whether you’re back working at the office or still working at home, your smartphone can be the productivity tool you need to help you get your job done. Speaking of…

Facebook-backed Libra Nabs New CEO From HSBC

Mei Ling Tan May 11, 2020

Facebook’s global currency project is taking shape – Libra is poaching its first CEO from HSBC. The banker is impeccably connected in government circles. It feels like Facebook is leaving…

Louis Vuitton raises retail prices in South Korea

Mei Ling Tan May 11, 2020

French fashion house Louis Vuitton is raising prices for its luxury items in the South Korean market, allegedly in a bid to take advantage of a prospective surge in buying…

DHL Survey Reveals COVID-19 Impact on International Trade

Mei Ling Tan May 11, 2020

In addition to the current economic issues caused by COVID-19, there are other significant events in 2020, such as the U.S. presidential election and the United States-Mexico-Canada Agreement (USMCA) implementation,…

Neiman Marcus enters bankruptcy protection mode

Mei Ling Tan May 11, 2020

High-end US department-store chain Neiman Marcus entered bankruptcy protection overnight and there are reports that rival Lord & Taylor is planning to follow. Laden down with debt, Neiman Marcus has…

Puma focuses on survival and recovery as sales goes down

Mei Ling Tan May 11, 2020

Outlining a survival strategy for the coronavirus pandemic, Puma says its global operations are split into three phases: Survive, Recover and Grow Again. The sportswear retailer and manufacturer reported a 1.3-per-cent…

DHL helps Australia to Import Goods

Mei Ling Tan May 11, 2020

DHL Global Forwarding has been selected to be part of new air freight network launched by the Australian government to bridge air freight capacity gap. The Australian Department of Agriculture…

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