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Category: Living

Retail Asia02/11/2018
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Living

First duty-free space in Hyundai Department Store

6min0
South Korea’s retail conglomerate Hyundai Department Store Group opens its first duty-free store at its branch in Samseong-dong, southern Seoul, on November 1 as a newcomer into the lucrative duty-free race dominated by two other retail names, Lotte and Shinsegae. The new 14,250-square-meter duty-free store will open inside Hyundai Department Store’s Trade Center branch in Samseong-dong, an affluent […]
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Retail Asia02/11/2018
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Living

Renewable project facing criticism in Korea

6min0
The government’s plan to build a renewable energy complex at Saemangeum, North Jeolla, is generating controversy as it deviates from plans to develop the reclaimed tidal flat into a regional economic hub and is being pursued without public approval. The controversy flared up as President Moon Jae-in announced Tuesday that the government will construct a […]
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Retail Asia29/10/2018
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Living

AirAsia X load factor, passengers up in Q3

2min0
AirAsia X Bhd reported a 1% growth in the number of passengers carried to 1.51 million for the third quarter of 2018 against 1.50 million in the same period last year. Its load factor was also 1 percentage point higher at 80% from 79%, according to the long-haul low-cost carrier’s statement. However, AirAsia X Malaysia’s […]
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Retail Asia25/10/2018
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Living

AEON Thailand donates to The Thai Red Cross Society in support of elderly people

1min0
Mr. Kiyoyasu Asanuma (left), Chairman of AEON Thailand Foundation together with     Ms. Suporn Wattanavekin (2nd from left), Vice Chairman of AEON Thailand Foundation granted wheelchairs and shower wheelchairs worth a combined 199,900 baht to M.R. Priyangsri Wattanakun (2nd from right), Director of the Fund Raising Bureau at the Thai Red Cross Society, as an initiative […]
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Retail Asia25/10/2018
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Living

LG Chem to build China facility

2min0
LG Chem said Tuesday that it will invest 2.1 trillion won ($1.8 billion) by 2023 to build electric vehicle batteries in China in the latest move to meet growing demand for batteries for zero-emissions cars. Korea’s top chemical company said it has broken ground on a three-story plant on the 198,300-square-meter (49 acre) site in […]
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Retail Asia25/10/2018
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Living

Hamleys no longer under ownership of China’s C.banner

2min0
Toy retailer Hamleys looks likely to be sold by Chinese owner C.banner International. The company has launched a strategic review of options for Hamleys’ future after receiving several expressions of interest from would-be buyers. C.banner International has owned Hamley’s for just three years, but the Chinese company has suffered a massive decline in its share […]
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Retail Asia24/10/2018
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Living

Vietjet and Japan Airlines to Commence Code share Ticket Sales

2min0
New-age airline Vietjet and Japan Airlines (JAL) has announced that both carriers` will begin sales of their codeshare flights starting Tuesday, 23 October 2018. This follows a formal partnership agreement between both parties in 2017, in which Vietjet and JAL signed a Memorandum of Understanding for commercial cooperation. The two airlines now offer codeshare flights […]
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Retail Asia24/10/2018
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Living

Taxi or not? Vietnam debate rages over Grab status

7min0
Transport authorities and taxi associations have reiterated that ride-hailing firm Grab should be treated as a taxi service, but experts disagree. Nguyen Cong Hung, vice chairman of the Vietnam Automobile Transportation Association (VATA), said at a recent meeting that it was incorrect to identify Grab as an electronic contract service firm. Hung said that legal […]
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Retail Asia23/10/2018
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Living

Vietnam urged to cut dependence on crude oil

3min0
A prime ministerial advisory body has said the state budget is overly dependent on crude oil, an unsustainable income source. The National Financial Supervisory Commission (NFSC) recently said crude oil is not a sustainable income source, both in the short and long term. In the short term, crude oil revenue can be affected by global […]
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Retail Asia19/10/2018
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Living

Mr DIY ready for massive growth by 2020

1min0
Malaysian home improvement retailer Mr DIY has announced plans to open at least 1000 branches by 2020. The announcement was made at the opening of its latest outlet at Paradigm Mall, its 440th local branch and 600th global branch. The brand currently operates 120 stores in Thailand, 40 in Indonesia, four in Brunei, and one […]
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Retail Asia19/10/2018
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Living

Eslite to open in Japan with partner

1min0
Taiwanese bookstore chain Eslite is planning to expand into Japan. The prominent bookstore business is using the move to build its international profile, and has announced its plans as amounting to a “new starting point for cross-culture ventures”. Eslite’s Japanese partner has yet to be named. The firm’s long-term plan is to expand into Southeast […]
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