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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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )

Retail Asia25/10/2016

New York-based LAGUARDA.LOW ARCHITECTS has announced the completion of KK One, a new 1.1 million square-foot retail complex in Shenzhen. Set at the base of an expansive mixed-use complex encompassing three residential towers, four office towers, and one hotel tower, KK One connects two adjacent land parcels to create a premiere shopping facility in the […]

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Retail Asia25/10/2016

The data may be a little dated, but Asian cities are holding their own in the retail rent rankings. New York’s Fifth Avenue still tops the list with an average rent of US$3500 per sqft per year. Hong Kong’s Causeway Bay is cemented in second place at $2399 and the Champs Elysee in Paris a […]

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Retail Asia22/10/2016

Fashion designer Karl Lagerfeld has announced plans to launch his own branded hotel chain. He has already taken a first step in signing on to design a tower for the Lisboa Palace Hotel, planned to launch in Macau in 2018. Besides the Karl Lagerfeld Macau hotel, another tower in the complex is being designed by […]

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Retail Asia20/10/2016

Twilight has come for the retail industry in Hong Kong, said cosmetic outlet operator Sa Sa International (0178) chairman Simon Kwok Siu-ming, although he remains optimistic of better days ahead. The week-long national holiday saw improved sales for the firm, and he hopes the uptrend is sustainable for the rest of the year, especially during […]

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Retail Asia20/10/2016

Lotte Department Store has signed on to a joint venture with Citic Group, a state-owned Chinese company, to operate a shopping mall in Shanghai and to build three more in the region between 2017 and 2019, the Korean company announced Monday. The joint venture will operate the already-existing Citic Square Mall in the bustling commercial […]

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Retail Asia18/10/2016

Indonesia’s promising property market has attracted multinational real estate firms to collaborate not only with domestic peers but also international partners. An alliance between the Astra group, Hongkong Land and Modernland Realty shows this well. Astra Land Indonesia and Mitra Sindo Makmur have created a joint venture to acquire 70 hectares of land in Cakung, […]

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Retail Asia14/10/2016

Leading property developer Embassy Group has tied up with international hospitality major Hilton to build a 586-room dual branded star hotel in this tech hub, said the realtor on Tuesday. “As per the agreement signed recently, the twin hotel will be developed and owned by our group, while Hilton will manage it,” said Embassy in […]

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Retail Asia14/10/2016

The property has already seen 80% commitment from tenants. Prospective tenants of Guoco Tower should be ready to move in anytime as Guocoland secures temporary occupation permit for the office and basement retail component of the building. In a statement, GuocoLand claimed the Grade A office tower has already seen a remarkable 80% commitment moving […]

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Retail Asia14/10/2016

In just 14 years, the real estate investment trust (Reit) industry in Singapore has drastically transformed the country’s investment property landscape, making it one of the most admired in the Asia Pacific. The Singapore Reit industry now ranks third in size in the region, behind Japan and Australia. S-Reits have been actively contributing to the […]

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Retail Asia12/10/2016

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South Korea’s largest retailer, GS Retail, opened its first supermarket in Cibubur, East Jakarta, on Friday (07/10) in partnership with Indonesian property developer Sinar Mas Land, to target the country’s upper-middle class. “We decided to choose Legenda Wisata for GS Retail’s first supermarket because Cibubur is home to middle- and high-income families,” GS Retail senior executive Won Yong Kim said in a statement. […]

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Retail Asia10/10/2016

Siam Discovery – The Exploratorium, Thailand’s first hybrid-retail destination and lifestyle specialty store which opened in May, has won two awards. A reincarnation of the old Siam Discovery, the store was named Best Retail Development and Best Commercial Development in the latest Thailand Property Awards. Siam Discovery is owned by Siam Piwat, which also owns […]

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Retail Asia10/10/2016

Singapore retail rents slipped during the last quarter – but experts say the outlook is not too grim. According to Edmund Tie & Company Research, average monthly retail gross rents across the island eased by 1.2 per cent quarter-on-quarter to about $29.30 per sqft in the three months to September 30. This was 9.6 per […]

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Retail Asia10/10/2016

CapitaLand Mall Asia is stepping up its investment in India. During a visit by Singapore’s Prime Minister Lee Hsien Loong to The Celebration Mall in Udaipur (pictured) , wholly owned by CapitaLand Mall India Development Fund, CapitaLand Mall Asia announced plans to open two more malls in India over the next three years. The group already […]

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Retail Asia07/10/2016

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Siam Piwat Co., Ltd., the owner and operator of world-class developments such as Siam Paragon, Siam Center, Siam Discovery, and Paradise Park shopping centers, and joint-owner of megaproject ICONSIAM, reinforced its success after the relaunch of Siam Discovery – The Exploratorium in May, Thailand’s first hybrid-retail destination and lifestyle specialty store, by winning two prestigious […]

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Retail Asia06/10/2016

With the Philippines’ consumption-driven economic boom showing no signs of abating, modern retail enterprises are sprouting outside the capital. Some are new companies eager to make a mark alongside the country’s established conglomerates. DoubleDragon Properties is one of the up-and-comers. Back in April 2014, when its valuation was less than $100m, the company listed on […]

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Retail Asia06/10/2016

Hong Kong may no longer be the darling of European luxury brands after the combined effect of a slower local economy and fewer mainland shoppers as a result of Beijing’s anti-corruption crack down, but the city is still magnet for less expensive luxury brands and mid-priced retailers. Retail sales have seen an 18 month-long nosedive, […]

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Retail Asia05/10/2016

Japanese supermarket giant Aeon has become the first foreign retailer to enter Myanmar since the 2011 transition to civilian rule, a development that could herald change in a retail industry still dominated by traditional markets. Aeon signage, a familiar sight to Japanese consumers, made its Myanmar debut Friday in a largely middle-class area along a […]

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Retail Asia05/10/2016

With Indonesia’s affluent middleclass and millionaire population growing rapidly amidst a temporary slowdown in the property market, there is great interest from local and regional industry players and experts on how Indonesia’s property sector can face its current challenges and how it will evolve in the future. Some of these experts will be at the […]

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Retail Asia03/10/2016

The overall theme of the conference was one of tempered optimism Speakers at the first Property Report Congress Thailand 2016 have tempered optimism on the market, as experts see potential and also challenges facing the country’s real estate sector. DDproperty.com, the conference’s official property portal, reported that Thailand’s commercial real estate is expected to witness an upward […]

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Retail Asia30/09/2016

More luxury brands and new-to-market retail concepts are debuting at The Shoppes at Marina Bay Sands – along with an expanded collection of premium children’s brands at the North Promenade. Gucci Kids, Kenzo Kids, Paul Smith Kids and Stella McCartney Kids will open in the first half of next year – the first standalone stores […]

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