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02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia24/12/2018

Japanese retail brand Miniso plans to source India-made products for its stores in the US and Australia, said a top company official. According to a report: Miniso India is also investing to set up its own warehouses in Delhi, Mumbai, Kolkata and Bengaluru to cater to its expanding network. “We are looking into getting more local purchase […]

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Retail Asia24/12/2018

Swedish furniture giant, IKEA, has signed MoU with the Uttar Pradesh government for the investment of Rs 5,000 crore to set up an integrated commercial project, including a store, in Noida. The MoU was signed between R K Singh, Principal Secretary, Infrastructure and Industrial Development Department, and David McCausland, Country Property Manager, IKEA. An integrated commercial […]

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Retail Asia24/12/2018

7-Eleven Malaysia Holdings Bhd is looking to expand the number of the convenience store chain outlets by at least 200 new stores next year. In 2017, 7-Eleven Malaysia opened 126 new stores. Berjaya Corp founder and executive chairman Tan Sri Vincent Tan Chee Yioun said 7-Eleven Malaysia is also looking at increasing the number of […]

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Retail Asia24/12/2018

Increasing numbers of Saigon residents are visiting convenience stores, and most of the youth hangout there. A survey by market research firm Q&Me in December found 80 percent of Saigon residents saying they patronize convenience stores. Of these, 61 percent are youth who also hangout in the stores, using in their eat-in space, attracted primarily by the […]

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Retail Asia21/12/2018

Vietjet continues to solidify its presence in Vietnam this holiday season with the announcement of its newest route connecting Ho Chi Minh City with Van Don (Quang Ninh Province). Bridging the gap between Vietnam’s largest city and the attractive island district in Quang Ninh Province, the new route will serve to meet the growing travel […]

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Retail Asia21/12/2018

Against a backdrop of a challenging economy and falling profitability in corporate Malaysia, Malaysia Airports Holdings Berhad (MAHB) won a major Malaysian award last week, topping billion ringgit companies for giving its shareholders the best three-year returns in its class. MAHB’s net profit more than tripled in 2017 to RM237 million from RM73 million in […]

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Retail Asia21/12/2018

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Last week, Mr.Kiyoyasu Asanuma (4th from left), Chairman of AEON Thailand Foundation, and Ms.Suporn Wattanavekin (3rd from left), Vice Chairman of AEON Thailand Foundation, together with Mr. Nuntawat Chotvijit (2nd from left), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited and Mr.Veerawat Ariyaviriyanant (left), President & CEO of Data Products Toppan Forms Ltd. donated […]

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Retail Asia21/12/2018

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According to the announcement by the government’s Reveue Department regarding ‘Downtown VAT Refund for Tourist’, the campaign has kickstarted an initiative to set up counters in numerous locations across central Bangkok to help tourists proceed with VAT refund upon shopping at permitted VAT refundable retailers. VAT refund will be returned to tourists in the form […]

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Retail Asia21/12/2018

Lenovo achieves a new GUINNESS WORLD RECORDS™ title for the “Most people performing the warrior I pose (yoga) simultaneously (multiple venues)” on Sunday, 16 December 2018, across three cities doing a Warrior I Yoga pose simultaneously. Taking place at Boost in Yoga Style, a fundraising event co-organised by Lenovo and Pure Yoga, the event saw […]

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Retail Asia21/12/2018

The International Olympic Committee and Worldwide TOP Partner Alibaba Group (NYSE: BABA) announced the launch of the firstever Olympic store on Tmall, China’s largest B2C marketplace for brands and retailers, during the weekend. The new Olympic store will be initially available to Chinese fans on Alibaba’s Tmall, with additional plans in development to create a […]

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Retail Asia21/12/2018

GlaxoSmithKline (GSK) plans to split into two businesses – one for prescription drugs and vaccines, the other for over-the-counter products – after forming a new joint venture with Pfizer’s consumer health division. The revamp is the boldest move yet by Emma Walmsley, the GSK chief executive who took over last year. It will lead to […]

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Retail Asia21/12/2018

Unjustified price increases such as the hike in passenger service charge (PSC) could result in airlines being squeezed out of business and subsequently affect tourism arrivals, said low-cost carrier AirAsia. In a strongly worded statement titled “MAHB’s record profits come at a cost to the Malaysian economy and tourism industry”, the airline said the PSC […]

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Retail Asia21/12/2018

New York toy retailer FAO Schwarz has opened a private, invitation-only store in Hong Kong, designed by Studio X. The 1150sqft FAO Schwarz Hong Kong store which quietly opened last month is a prototype retail concept for Asia where the company can test design elements and store features before it opens public stores in Mainland […]

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Retail Asia21/12/2018

Miniso Canada is on the brink of bankruptcy after an action brought against it by its Chinese parent company alleging fraudulent business dealings and the transfer and hiding of assets. The extraordinary situation was revealed by Canadian website which in its last update reported the Canadian subsidiary had reached a preliminary agreement with the Chinese company […]

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Retail Asia21/12/2018

Vietnamese ride-hailing firm FastGo, at odds with authorities over its legal status, asserts it is going by the book. According to the Ministry of Transport and the Ministry of Industry and Trade, FastGo is not yet eligible to be approved for a pilot phase, nor is it registered as a tech platform. In a written […]

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Retail Asia20/12/2018

Tokyo retailer Istyle will open its fourth @Cosme store in Hong Kong this Friday. The new outlet will be launching as a specialty cosmetics store in East Point City mall in Tseung Kwan O, which has recently emerging as a shopping spot across a range of age groups. The first of Istyle’s four stores to […]

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Retail Asia20/12/2018

American technology giant Google announced a slew of new products and services that promise to benefit Indonesia’s rapidly growing digital economy. WizPhone What surprised the audience most during the third annual “Google for Indonesia” event in Jakarta on Tuesday was the announcement of the WizPhone. The device, with styling reminiscent of the 1990’s, is the first Indonesian-made mobile […]

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Retail Asia20/12/2018

American furniture store chain Ashley HomeStore has expanded globally with new stores in Vietnam, Thailand and New Zealand. In support of the move, the company has established a 400,000sqft consolidation warehouse in Vietnam’s Ho Chi Minh City. The new facility will allow a faster order response time. The firm’s president and CEO Todd Wanek said: […]

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Retail Asia20/12/2018

With six weeks to go for Tet, the Lunar New Year festival, Vietnamese carriers are bracing for the upsurge in demand. Jetstar Pacific, the low-cost arm of flag carrier Vietnam Airlines, announced Tuesday that it would increase the number seats on local routes by 80,000. It has also opened a new route from Hanoi to […]

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Retail Asia20/12/2018

The HMV Hong Kong business has collapsed, with the chain’s owner appointing liquidators. In a statement, HMV Digital China Group chairman Stephen Shiu Jnr said the company was “unable to escape from the crushing force of the wheel of history” as live-streaming services like Spotify and Netflix made CDs and DVDs redundant. The company is […]

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