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06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
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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 )
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24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
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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 )

Retail Asia04/01/2016

The National Parks Board (NParks) collected a lot more rent in its last financial year, ending March 2015, with rental income surging by 48 per cent, or about $2.6 million. It had a new museum tenant in Fort Canning Park, as well as two fairly new retail shops in the Singapore Botanic Gardens, to thank […]

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Retail Asia31/12/2015

Have you walked down our Garden City’s famous shopping belt, Orchard Road, recently? I was not expecting to see the sheer number of people I did on Orchard Road when I was there recently. The amount of foot-traffic on this famous road seems to move only in one direction year after year – up. Imagine […]

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Retail Asia30/12/2015

Despite its position as a regional logistics hub, Hong Kong’s lack of industrial land and a resulting warehouse shortage have long been headaches, with the warehouse vacancy rate remaining below 2 per cent and unlikely to improve much next year. A slowdown in retail sales led to a slight easing in demand for warehouse space […]

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Retail Asia29/12/2015

Pavilion Real Estate Investment Trust (Pavilion REIT) is buying The Intermark Mall, which forms part of The Intermark mixed-use development located at the crossroads of Jalan Ampang and Jalan Tun Razak here, for RM160 million cash, which will be fully funded through debt. In a filing with Bursa Malaysia today, Pavilion REIT said its manager […]

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Retail Asia28/12/2015

Benoy, the global studio of Architects, Masterplanners, Interior and Graphic Designers has revealed its design of the future China Resources Land (CRL) Qianhai Centre Shenzhen. The development will form a core part of the highly publicised Qianhai special economic zone. As masterplanner and retail architect, Benoy says it has “challenged the status quo of a […]

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Retail Asia26/12/2015

A large supply of office space continued to weigh on rental rates in Kuala Lumpur, KL Fringe and Beyond KL (Selangor) in 3Q2015, while the overall market is expected to remain gloomy until year end. This quarter, the cumulative supply of office space for KL City and Beyond KL stood at 91.97 million sq ft, […]

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Retail Asia25/12/2015

The Novotel Zhuhai has been rebranded by AccorHotels as the “Pullman Zhuhai,” in line with the company’s plans to promote its up-market Pullman brand in China, reported Travel Daily on Sunday. The Novotel Zhuhai opened only last December, but AccorHotels has decided to rebrand the resort. This will take the group’s Pullman portfolio in the greater […]

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Retail Asia23/12/2015

Punggol shopping mall Waterway Point will open on Jan 18 next year, it announced on its Facebook page. In replies to comments on a post on the page, which has more than 30,000 fans, it said: “We are pleased to share with you that Waterway Point will be opening on 18 January 2016. Stay tuned […]

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Retail Asia23/12/2015

The mall business of SM Prime Holdings, Inc. (SM Prime), the country’s largest integrated property developer, reported its recent certification by the International Organization for Standardization. The ISO 22301 certification affirms the company’s commitment to meet the needs of its stakeholders especially in times of disasters and calamities. ISO awarded the certificate to SM Prime […]

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Retail Asia23/12/2015

Tanglin Village, already a hip dining enclave, is getting another lifestyle quarter – one boasting well-known multi-label fashion store Dover Street Market. To make way for it, two tenants – eatery Chang Korean BBQ Restaurant and antique store Shang Antique – will move out when their leases expire on Feb 29. In their place will […]

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Retail Asia23/12/2015

Mövenpick-Resort-Cam-Ranh-Bay-a-mixed-use-resort-situated-along-the-pristine-white-beaches-of-Vietnams-Cam-Ranh-Bay-1024x576.jpg

Mövenpick Hotels & Resorts is consolidating its expansion campaign in South-East Asia with two new properties announced for Malaysia and Vietnam, both of which will open in 2018. Strengthening its development plans in Malaysia, the Swiss hospitality firm has signed a deal to manage the 30-storey Mövenpick Hotel Kota Bharu, a 453-key five-star resort in […]

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Retail Asia21/12/2015

The rental gap between prime spaces in suburban malls and Orchard malls has been narrowing – and this trend is slated to continue into 2016. Property consultants noted that the relative resilience of suburban malls stems from their larger local catchment and lower susceptibility to tourist spending, which has been dealt a blow from lacklustre tourist […]

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Retail Asia19/12/2015

Hotel Lotte is reportedly set to file its application for listing on the nation’s main stock bourse early next week, according to sources Friday. They noted that the hotel unit of South Korean retail giant Lotte Group will submit its application to the Korea Exchange on Monday for a preliminary regulatory review of its initial […]

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Retail Asia18/12/2015

SM Malls shopping centres – now a 56-strong network across the Philippines – have evolved into sustainable structures that are proving to be valuable investments in the event of the frequent natural disasters which strike the nation. In the last few years, SM malls have consciously integrated disaster risk reduction into design and operations in […]

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Retail Asia17/12/2015

Landmark in North Bridge Road to close next year for major renovations to convert it into a new creative hub. His first job as a draftsman was to draw Funan Centre. Mr Mark Yan’s voice lit up when he talked about his pride and joy in being part of the team that worked on the […]

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Retail Asia17/12/2015

The outlook for real estate in the Asia Pacific region remains largely positive heading into 2016, according to Colliers International’s 2016 Property Outlook. But pockets of weakness are starting to appear, according to the forecasts from Colliers International, while government policy continues to drive the behaviour of investors in many markets. China is the proverbial […]

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Retail Asia16/12/2015

The new Qianhai Chow Tai Fook mall opened its doors in Shenzhen on Monday – selling Hong Kong sourced goods to mainlanders at prices said to be cheaper than in Hong Kong. Officially named the Qianhai Chow Tai Fook Global Goods Shopping Center, the 19,000 sqm mall is a joint venture between jeweller Chow Tai […]

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Retail Asia16/12/2015

Bangkok’s retail market is now “the most competitive it has ever been” – yet there is another 1.1 million sqm of retail space under construction. When complete, by the end of 2017, that will bring the total completed supply of mall space in the Thai capital to nearly 8 million sqm – all in a […]

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Retail Asia15/12/2015

It was the place where hundreds queued at midnight to get their hands on Microsoft’s Windows 95, the landmark operating system that first brought out much of today’s modern features. It was also where pirated game CDs were sold and sound cards could be bought in anti-static bags, with no warranty or idea where they came […]

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Retail Asia15/12/2015

Vice President M. Jusuf Kalla had the opportunity to review the preparations for the construction of four five-star hotels at Mandalika Special Economic Zones in Central Lombok, West Nusa Tenggara, Saturday. The Vice President reviewed the area together with Peoples Consultative Assembly (MPR) Chairman Zulkifli Hasan and Tourism Minister Arif Yahya. Arriving on the scene, […]

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