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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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia06/09/2018

When it comes to toys, Walmart is not playing around. Walmart has unboxed its plans for America’s Best Toy Shop: its destination for kids’ favorite products – toys! – in its stores and on Walmart.com. Walmart’s toy aisles are set to offer the best toys at the best prices along with more fun for everyone than ever before. Starting Thursday, […]

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Retail Asia04/09/2018

Ikea Norway says it will close its experimental inner-city stores after an unsuccessful trial seen as a bellwether for international markets. The Swedish furniture and homewares retailer opened small-format shops in downtown Oslo, Tromso and Alesund in 2015 and 2016 to test the profitability of – and customer demand for – the concept. With smaller […]

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Retail Asia04/09/2018

Vietnam’s airport operator has recommended a VND56.7 trillion ($2.4 billion) upgrade of 16 of the 21 civilian airports in the country. The Airports Corporation of Vietnam (ACV) wants to renovate Tan Son Nhat Airport in Ho Chi Minh City, Noi Bai in Hanoi; Da Nang, Chu Lai, Cat Bi, Phu Bai, Dong Hoi, Cam Ranh, […]

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Retail Asia04/09/2018

Vietnam won’t increase its fuel tax before 2020, Finance Minister Dinh Tien Dung has directed. Dung has ordered a proposal to increase environmental tax on petrol and diesel to be removed from next year’s plan. Earlier this year, the ministry had proposed that the environmental tax on petrol and diesel be increased by 33 percent, […]

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Retail Asia31/08/2018

AirAsia Group Bhd’s net profit more than doubled to RM361.81 million in the second quarter (Q2) ended June 30, 2018 versus RM146.52 million in the previous corresponding period, thanks to the reversal of deferred tax on the sale of aircraft. Its revenue for the quarter under review was up 10.3% to RM2.62 billion from RM2.38 […]

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Retail Asia31/08/2018

Group Bhd wants CAE to train about 400 cadet pilots to support its growth in the various markets it operates over the next five years. The first batch of cadet pilots will begin training in the second half of the year for a 18-month competency-based Multi-Crew Pilot Licence (MPL) programme. The airline signed a new […]

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Retail Asia31/08/2018

Malaysia Airlines Bhd (MAB) reported a marginal yield improvement of 0.3% in the face of increased competitor capacity and weak demand conditions due to Ramadan and is cautious on the rest of 2018, with potential volatility on the horizon from foreign exchange and escalating fuel prices. Revenue per Available Seat Kilometre (RASK) grew 2.0% year-on-year. […]

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Retail Asia30/08/2018

Aeon Co (M) Bhd’s net profit plunged 64.5% to RM9.79 million for the second quarter ended June 30 compared with RM27.55 million in the previous corresponding period, due to the recognition of impairment loss on investment in its associate company Index Living Mall Malaysia Sdn Bhd (ILMM). Its revenue however, rose 5.4% to RM1.06 billion […]

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Retail Asia30/08/2018

Vietnam’s north-south high-speed railway is expected to cost $58 billion, according to a feasibility report released at a meeting Tuesday. The 1,545-kilometer route from Hanoi to Ho Chi Minh City will have double standard-gauge tracks of 1.435-m width and 23 stations, according to a consultancy consortium comprising Vietnamese firms TEDI, TRICC and TEDIS. It will […]

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Retail Asia30/08/2018

Grab will invest US$250 million (RM1.025 billion) in Indonesian startups over the next three years through its newly launched innovation arm, as the ride-hailing firm aggressively pushes to cement its position in the Southeast Asia’s largest economy. The Singapore-based firm has raised US$2 billion in funding in recent months and also launched the Grab Ventures […]

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Retail Asia30/08/2018

Uber’s chief operating officer, Barney Harford, vowed to take Korean regulations more seriously during his visit to Seoul on Wednesday. The ride-hailing company is working to revitalize its local business and focus on its taxi and food delivery services, he said. “If we look back, we haven’t always behaved in the right way, and that […]

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Retail Asia30/08/2018

Lego Hong Kong operations continue to expand as the iconic toy brand marks its 60th anniversary. In an interview, the brand’s regional GM Troy Taylor explained how in such a well-established market as Hong Kong (as opposed to neighbouring regions where the brand’s reputation is still emerging) the company’s strategy is focused on retaining the […]

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Retail Asia29/08/2018

As soon as the final whistle blew in Vietnam’s victorious Asian Games quarterfinal game, Indonesia tour prices rose. Vietnam’s first ever semifinal game in the Asian Games will be played against defending champions South Korea on Wednesday, August 29, at the Pakansari Stadium in Cibinong, Indonesia. The match will begin at 4 p.m. local time. […]

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Retail Asia29/08/2018

AirAsia has started its ‘Trust your Wanderlust’ promotional sale under which it will be selling flight tickets starting from Rs 1, 199. The promotional sale includes domestic destinations such as Kolkata, Hyderabad, Chennai, New Delhi, Kochi, Goa, Guwahati, Jaipur, Chandigarh, Pune, Ranchi, Bagdogra, Bhubaneshwar, Indore and other places. The offer could be availed on tickets […]

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Retail Asia29/08/2018

Nickel miner Laman Mining is suspected of illegal bauxite mining operations, disrupting orangutan habitat in West Kalimantan’s Tulak River forest. The Ministry of Environment and Forestry raided the company’s sites in Puring and Kempapakon on Aug. 20, finding seven heavy-duty vehicles for excavation. Laman Mining claimed the areas were included in its mining business permit (IUP). According to forest maps, however, […]

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Retail Asia28/08/2018

The 2018 Asian Games captured the attention of many Indonesians, who are currently glued to their television screens to watch matches, or flock to sports venues to catch a glimpse of their heroes. The live television broadcast of the opening ceremony in Jakarta on Aug. 18 was watched by 14 percent of the country’s total viewership, […]

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Retail Asia28/08/2018

Singapore tourist spending has dipped by half a percent, despite a 7.3 per cent boost in arrivals. According to the Singapore Tourism Board, about 4.6 million visitors arrived in the city state in the first quarter of this year – but they spent less on shopping and accommodation. Their total collective spend was about S$6.7 […]

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Retail Asia28/08/2018

Lotte Duty Free has bought a change of outlets in Australia and New Zealand from local operator JR Duty Free. The four Australian stories are in airports in Brisbane, Darwin and Canberra and in downtown Melbourne, while the New Zealand store is at Wellington airport. JR Duty Free reportedly operates seven stores in Oceania and […]

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Retail Asia27/08/2018

Malaysian-headquartered apparel and homewares retailer Laura Ashley is selling its commercial property in Singapore against declining sales – but it remains positive about its regional prospects. The firm’s full year results announced a fall in profits from £8.4 million (US$10.8 million) last year to £5.6 million ($7.2 million) this year. Total sales for the group […]

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Retail Asia24/08/2018

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Uber on Tuesday named a news chief financial officer as the smartphone-summoned ride service remained on the road to a stock market debut next year. Nelson Chai came on board from Chicago-based insurance firm Warranty Group, where he was chief executive, according to Uber. “I’m incredibly excited to bring on someone as experienced and thoughtful […]

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