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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 Asia12/05/2016

Orchard Road is meant to be Singapore’s premier shopping belt, but you wouldn’t know it if you strolled into many of the malls along the 2.2km stretch these days. The vacancy rate in malls within the Orchard planning area hit a five-year high in the first quarter at 8.8 per cent . Islandwide, vacancy rates […]

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Retail Asia11/05/2016

Retail opportunities are growing in Southeast Asia’s property sector due to the region’s strong consumer market, particularly in populous countries such as the Philippines and Indonesia, according to a report by global real estate services firm Jones Lang Lasalle. JLL head of research for Southeast Asia Dr. Yang Liang Chua noted that the recent real […]

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Retail Asia10/05/2016

High-end and luxury property developer Gaysorn Property today announces expansion of its luxury property portfolio in Bangkok’s prime locations. TELA Thonglor, a super luxury condominium, is set to be a new landmark of Thonglor. This 4.1-billion-baht project will seamlessly weave city lifestyle with every community, true to its definition as “The Landmark Residence on Thonglor”. Offering […]

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Retail Asia10/05/2016

Bulakenos and residents of the North Metro area had a lot of shopping, leisure, and entertainment excitement when SM City San Jose del Monte recently opened its doors to the public When SM Prime Holdings President Hans T. Sy opened the doors of SM Prime Holdings’s 57th mall, as it is in the SM tradition, […]

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Retail Asia07/05/2016

It is said that a commercial property can support three generations of a family in Hong Kong. The idea is that owning a commercial property is a sign of wealth as well as social status. However, an investor who bought a commercial unit in Jordan Square in 1992 for HK$700,000 has sold it 24 years later […]

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Retail Asia06/05/2016

SM Prime is opening its 57th mall in the Philippines. SM City San Jose Del Monte will open today. It is the third in the province of Bulacan after SM City Baliwag and SM City Marilao. The new mall will add 101,000 sqm in gross floor area to the total floorplate of SM Prime, SM […]

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Retail Asia05/05/2016

Despite suggestions to the contrary, luxury retail spending is still rising in the UAE, albeit at a slower pace. Dubai, in particular, is leading the way. In a survey carried out before the World Retail Congress last month, Dubai Chamber said the retail sector in the emirate was expected to grow by 5 percent annually […]

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Retail Asia03/05/2016

According to CBRE’s Q1 2016 MarketView, total commercial property investment turnover in Asia Pacific in the first quarter of 2016 declined by 36% quarter-on-quarter as investors generally turned more risk-averse, due to stock market volatility and weaker economic environment. Asian capital in particular, however, remained active across the region with the completion of three big-ticket […]

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Retail Asia02/05/2016

Thai property developer Siam Retail is building two more Terminal 21 shopping malls – in Pattaya and Nakhon Ratchasima province. President Prasert Sriuranpong says the company is investing 6 billion baht (US$170.5 million) in the Pattaya development because it is one of three main tourist destinations outside Bangkok, along with Phuket and Chiang Mai. “Pattaya […]

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Retail Asia02/05/2016

Debt-laden civil contractor Gammon India has accepted the proposal from Thailand-based GP Group to sell a controlling stake in Gammon’s engineering, procurement and construction (EPC) business for R250 crore. In a filing to BSE, the company said that the board of the company “considered and accepted the proposal from GP Group, Thailand to invest in […]

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Retail Asia29/04/2016

Gaming giant Las Vegas Sands Corp has held preliminary talks with prospective buyers of the Marina Bay Sands mall. The surprise revelation came during a conference call following an earnings report yesterday in which the US-based company revealed a casino revenue at Marina Bay Sands fell by 28 per cent in the first quarter. The […]

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Retail Asia29/04/2016

Singapore retail is now “a tenant’s market”, realtors warn in the wake of official data showing further decline in boath rental rates and occupancy levels. According to URA data out today (April 22), retail rents fell by 1.9 per cent in the first quarter of 2016, following a full year decline of 4.1 per cent […]

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Retail Asia29/04/2016

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Forget stairs and elevators – a Shanghai mall has installed a five-storey enclosed slide for shoppers. Spiralling down some 54 metres, the 76cm wide chute at the Printemps mall in the Pudong New Area is covered in bright patterns and is named The Happy Slide. It take just 16 seconds from the top floor of […]

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Retail Asia28/04/2016

Success or failure is often in the eye of the beholder, and in the case of Las Vegas Sands that sentiment holds very true today. On Wednesday after the market closed, the company reported first-quarter revenue of $2.72 billion and earnings of $320.2 million, or $0.40 per share. Hold-adjusted EBITDA, which is a proxy for […]

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Retail Asia28/04/2016

Vacancies at retail malls in the central region hit a five-year high in the first quarter of the year, driven largely by more vacant space in the Orchard sub-market. The rate went up from 8 per cent to 8.7 per cent, analysis from Colliers showed, the highest since the Urban Redevelopment Authority (URA) started tracking […]

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Retail Asia27/04/2016

Benoy has been commissioned to work on the design of the Xuhui Vanke Center in Shanghai. This is developer Vanke’s first large-scale commercial real estate project with a mixed-use program in Shanghai. Benoy, a global studio of architects, masterplanners, interior and graphic designers, has won a multi-disciplinary scope which includes tower and retail architecture, retail […]

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Retail Asia26/04/2016

PRICES of retail space in Singapore continued to fall by 1.9 per cent in the first quarter of 2016, after declining 0.1 per cent in the previous quarter. Rentals of retail space also fell by 1.9 per cent in Q1, after declining 1.3 per cent in the previous quarter. The island-wide vacancy rate of retail […]

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Retail Asia22/04/2016

The iconic Funan DigitaLife Mall, which belongs to CapitaLand Mall Trust, will be closed officially on 1 July 2016 for redevelopment works that is expected to last for three years. The redevelopment will add about 388,000 square feet (sq ft) of space to the mall’s current gross floor area of 482,000 sq ft, leading to […]

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Retail Asia22/04/2016

Hilton Garden Inn, Hilton Worldwide’s upscale global brand of hotels, today announced its entry into Indonesia with the opening of Hilton Garden Inn Bali – Ngurah Rai Airport in Bali. Owned by PT. Anggada Duta Realty Tbk., the hotel brings 291 new rooms to the Hilton Garden Inn brand. ‘We are proud to open our […]

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Retail Asia22/04/2016

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Dwindling footfalls and intense competition in the Hong Kong retail market is prompting developers of shopping malls to tap unexplored areas for growth. New World Development has gone a step further and is using its revamped D.Park shopping mall in Tsuen Wan to tap the niche children’s market. The group has launched Multiple Intelligence Kids […]

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