Don't Miss:
20. April 2024
ABOUTADVERTISE CONTACT
   

Category: Living

Retail Asia02/01/2019
medicines-1024x682.jpg
Living

Korean drug companies anticipate a strong 2019

4min0
Korean pharmaceutical companies are entering 2019 with high expectations as several domestic drugs are expected to gain approval from overseas regulators this year. Though the Samsung BioLogics accounting fraud scandal made 2018 a less-than-stellar year for the pharmaceutical industry, bio firms are ready to get back on their feet with new drugs and licenses. Daewoong […]
CONTINUE READING
Retail Asia02/01/2019
korean-air.jpg
Living

Korean Air’s jets get name of East Sea badly wrong

3min0
Korean Air, the country’s flag carrier, displayed maps with the “Sea of Japan” aboard some its flights rather than the East Sea, the name supported by the Korean government. The Japanese name of the sea, which is opposed by Korea, was found on a number of passenger-entertainment monitors. According to news reports Sunday, 3-D maps […]
CONTINUE READING
Retail Asia31/12/2018
grab.jpg
Living

Vietnam court orders Grab to pay Vinasun $208,000

7min0
Grab should pay Vinasun VND4.8 billion ($208,000) for damage it has caused the top taxi firm, a court ruled Friday. The People’s Court of Ho Chi Minh City said in its verdict that Grab had committed many mistakes in its operations in Vietnam, tantamount to unfair competition, which damaged Vinasun’s business. Before 2016, Grab had […]
CONTINUE READING
Retail Asia31/12/2018
Bamboo.png
Living

Bamboo Airways postpones maiden flight again

2min0
Vietnam’s newest airline Bamboo Airways will not operate its maiden flight Thursday as scheduled, the second time it has been delayed. Its CEO Dang Tat Thanh said Bamboo Airways could not take off since it is going through “the most difficult examination ever.” “Bamboo Airways is currently going through the final stage of a tight examination […]
CONTINUE READING
Retail Asia28/12/2018
hongkong_bookstore-1024x576.jpg
Living

Lifestyle-curation bookstores are changing

8min0
In recent years, bookstores have been disappearing at a fast rate. Aside from major franchise bookstores in downtown areas, many small, neighborhood bookstores have closed, forced out in the digital era. But lately, bookstores have been returning in different forms. New bookstores sell more than just books, offering a wide range of goods from stationery, […]
CONTINUE READING
Retail Asia28/12/2018
Food-delivery-1024x709.jpg
Living

Woowa Korea gets $320 million from overseas

3min0
Woowa Brothers, the operator of the popular food delivery app Baedal Minjok, said Thursday that it succeeded in securing $320 million from major foreign investors including Sequoia Capital, famous for investing in leading tech companies such as Apple and Google. According to Woowa Brothers, other major investors include China’s Hillhouse Capital – which is also […]
CONTINUE READING
Retail Asia28/12/2018
high-speed-train-1280x803.jpg
Living

Bullet train to connect Hanoi with HCMC in five hours

3min0
Vietnam’s bullet train will cut travel time between Hanoi and Saigon to five hours from the current 24. The railway project management board has submitted a pre-feasibility study to the Ministry of Transport, which quotes transport consultants’ estimate that if the train travels at 320 km/h, its running time would be from 5 hours 17 […]
CONTINUE READING
Retail Asia27/12/2018
malaysia-airport.jpg
Living

Korean passengers break record in November

2min0
Korea’s air passenger traffic reached a new record for November on the back of the rise in the number of Chinese tourists and increased overseas travel demand, government data showed Tuesday. The number of air passengers came to 9.57 million last month, up 5.6 percent from a year earlier, making it a new record for […]
CONTINUE READING
Retail Asia27/12/2018
lpg-gas-cars.jpg
Living

Gas Malaysia ups natural gas tariff

2min0
Gas Malaysia Bhd has announced a higher average effective natural gas tariff for the non-power sector in Peninsular Malaysia at RM32.92 per MMBtu, which is 0.7% higher than the current RM32.69 per MMBtu. The revision will be effective from Jan 1, 2019 to June 30, 2019. The group told the stock exchange that the government […]
CONTINUE READING
Retail Asia27/12/2018
palm-oil-1024x633.jpg
Living

Malaysia reviewing palm oil export duties

3min0
Malaysia, the world’s second-largest palm oil producer, is reviewing the duty structure for its exports of the edible oil, according to its minister in charge of agriculture produced for export, to boost demand and reduce burgeoning stockpiles. “We are currently reviewing our present export duty structure to ensure a level playing field in the market,” […]
CONTINUE READING
Retail Asia26/12/2018
grocery-shopping-1-1024x512.jpg
Living

LOTS to cheer for the Cash & Carry business in India

21min0
LOTS Wholesale Solutions recently unveiled its second Cash & Carry wholesale distribution centre in India at Akshardham in East Delhi. The launch of LOTS’ second store follows closely on the heels of its first store three months ago. Inaugurated by Amitabh Kant, CEO, NITI Aayog, this is second of the fifteen distribution centres that the firm is […]
CONTINUE READING
Retail Asia26/12/2018
signify.jpg
Living

Signify launches Interact IoT platform in India

6min0
Signify (formerly known as Philips Lighting), the world leader in lighting, has launched its new Internet of Things (IoT) platform, called Interact in India, which will enable its professional customers to unlock the full potential of connected lighting for the IoT. The platform delivers new insights to help customers drive operational efficiencies and take more effective decisions. […]
CONTINUE READING
Retail Asia26/12/2018
T_JG8017-1024x682.jpg
Living

Garuda Indonesia Expects to Make Profit in 2018: CEO

4min0
National flag carrier Garuda Indonesia expects to end 2018 in profit and is targeting a net profit of Rp 1 trillion ($69 million) for 2019, its chief executive said on Friday. Garuda saved $96 million by working with lessors to restructure the financing of its planes until November 2019, chief executive Ari Askhara told reporters. “Our […]
CONTINUE READING
Retail Asia26/12/2018
ToyRoom-Interior-1.jpg
Living

UK-based international chain bar Toy Room enters India

3min0
Toy Room, one of the most talked-about premium and international brand which has attracted visits from A-listers around the world including Jessie J, Lindsay Lohan and Nicole Scherzinger, has opened its first outlet in India in Aerocity. According to Akshay Anand, Owner Toy Room India, “Present in eight different countries, Toy Room is one of the […]
CONTINUE READING
Retail Asia24/12/2018
PV-oil-1280x813.jpg
Living

Vietnam’s PVOIL seeks multiple partners

2min0
Vietnam’s second-largest oil retailer, PV Oil, is seeking multiple buyers, instead of a single strategic investor, for a 44.72 percent stake. Although many investors expressed interest in becoming strategic partners with PetroVietnam Oil (PV Oil), including British-Dutch oil company Shell, South Korea’s SK Energy, and Idemitsu, a Japanese petroleum company, complicated administrative procedures have discouraged […]
CONTINUE READING

Newer Posts

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X