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06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
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 )

Retail Asia19/02/2020

Singapore-headquartered department-store chain Robinsons has built a 120,000-strong loyalty program database in just 18 months using an app-based solution. The program, called R, is signing up new customers every day through interactions with customers of the company’s five stores in Singapore and Malaysia. The 161-year-old department store has reinvented its customer relationship strategy since teaming […]

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Retail Asia17/02/2020

Lotte Duty-Free is to open a flagship store in Sydney’s CBD early next year, planning to tap into the 4 million visitors to the city each year. The three-level 3000sqm store will be built by Mirvac on a prime site at the corner of Pitt and Market Streets. It will stock beauty and skincare brands, […]

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Retail Asia14/02/2020

Capitaland is taking measures to support its 3500 retail tenants across its malls in Singapore in the midst of the coronavirus epidemic. The support includes a SGD10 million (US$7.2 million) marketing assistance program. While Capitaland’s malls’ operating hours will remain as standard – from 10 am to 10 pm – stores may open from as […]

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Retail Asia11/02/2020

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Two of the four T Galleria by DFS stores in Hong Kong have been closed indefinitely due to coronavirus concerns. “To protect our employees and customers in the current environment, we are temporarily closing T Galleria by DFS Tsim Sha Tsui East and T Galleria Beauty by DFS Moko,” the LVMH-owned company said in a […]

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Retail Asia04/02/2020

Thai retail and mall conglomerate Central Group is partnering with an Austrian property developer to buy Swiss department store chain Globus. According to the Sonntagszeitung, a Swiss newspaper, both companies will take an equal 50-per-cent share in the business. Globus reportedly has significant property assets making it an attractive target for Austrian property investor Rene […]

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Retail Asia30/01/2020

CapitaLand has closed six shopping malls in China in wake of the coronavirus outbreak and set up a task force to coordinate its response across its operations in China and other markets where it operates. The Singapore-headquartered company says it has also put in place business continuity plans under the leadership of Manohar Khiatani, its […]

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Retail Asia27/01/2020

Rich Chinese continue to snap up luxury homes in the city-state as they seek a safe and calm offshore location to park their wealth. Protests in Hong Kong are driving rich Chinese property buyers away from the special administrative region to relatively calm and stable Singapore. The Lunar New Year period is a particularly busy […]

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Retail Asia21/01/2020

Singapore property developer CapitaLand is set to refurbish the Bugis Village and Bugis Street retail spaces after winning a tender to manage both from the Singapore Land Authority. CapitaLand told selected media outlets that it will build on the existing character and heritage of the sites when it takes over the management on April 1 […]

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Retail Asia20/01/2020

Hyundai Department Store says it will launch an electronic receipt issuance service with the aim of “zero” paper receipts within three years. Electronic receipts will be issued in the form of the automatic issuance of receipts through mobile applications instead of paper receipts when purchasing goods. Last year, about 160 million paper receipts were issued […]

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Retail Asia20/01/2020

Thai developer Thaniya Group plans to invest more than THB1 billion (US$33 million) on renovating Thaniya Plaza, its first major makeover project in 30 years. The project will cover the refurbishment of its exterior and interior design as well as the transformation of Thaniya Road, the company said in a statement. Located in the heart […]

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Retail Asia03/01/2020

Malaysian department store chain Parkson will close its outlet in MyTown Shopping Centre, Cheras next month. The closure will come fast on the heels of recent shut-downs of Parkson stores at Suria KLCC and M Square Mall in Puchong, and occurs less than three years after the 150,000sqft store started trading. “The retail market is […]

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Retail Asia03/01/2020

Thailand’s Central Group has launched a new shopping mall, Porto de Phuket, in Phuket. Located at Thalang District, the 40,000sqm development is divided into seven highlighted zones, featuring a wide range of stores and Michelin-starred restaurants. The Central Food Hall provides service in standalone formats outside for the first time, offering a variety of products […]

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Retail Asia03/01/2020

Indonesian retail shopping mall platform NWP Retail is set to acquire five shopping malls, two owned by local subsidiaries of Singapore-listed Lippo Malls Indonesia Retail Trust. The two Lippo Malls will be purchased for a total price of IDR1.30 trillion (US$92 million), while the other three mall purchases total approximately IDR440 billion (US$31.5 million). The […]

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Retail Asia18/12/2019

Two giant Indian malls, in Nagpur and Amritsar, have been snapped up by Virtuous Retail South Asia for US$100 million. The 1 million sqft Amritsar centre and 700,000 sqft Nagpur property were bought from Tata Realty and Infrastructure’s Trilium shopping mall portfolio, according to a report on Livemint. Virtuous, which is building a portfolio of […]

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Retail Asia17/12/2019

Chinese real estate developer Dalian Wanda Group will reportedly open 17 shopping centres this month. The group recently opened its 300th plaza in Hubei province, a 105,000sqm shopping centre based in Xianning – the first enclosed mall in the city – including a 275m indoor shopping street and an Imax theatre, as well as hosting […]

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Retail Asia16/12/2019

Selected SM Markets stores in the Philippines are to open 24 hours a day to take advantage of the holiday buying surge. The Filipino food retailer said shoppers, especially night workers and those leaving holiday shopping to the last-minute, will now be able to shop at its 29 stores even during the wee hours. “Morning […]

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Retail Asia28/11/2019

CapitalLand has signed an agreement to sell The Star Vista to Rock Productions for S$296 million (US$217 million). The deal is about 13 percent higher than the property was valued at last June. Opened in 2012, The Star Vista shopping mall has a net lettable area of about 162,500sqft with major tenants including Beauty in […]

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Retail Asia21/11/2019

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Hong Kong ́s Causeway Bay remains top of the world’s most expensive retail strips, with rents rising to US$2745 per square feet per annum, 2.3 per cent higher than last year. New York ́s Upper 5th Avenue, with annual retail rents at $2250/sqft, retained the number two position on Cushman & Wakefield ́s latest rankings. […]

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Retail Asia13/11/2019

Great Eastern Life Assurance Malaysia will sell the Menara Weld office building and The Weld Shopping Centre in Kuala Lumpur. Both properties, which have been under ownership by the insurance firm for 16 years, have been priced with a reserve of RM270 million (US$65 million) and will be sold by tender. They contain 400,000sqft net […]

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Retail Asia12/11/2019

The Shilla has won the race to operate one of the two Macau duty-free concessions at the territory’s international airport. The five-year agreement allows the firm to operate half the airport’s duty-free space, a roughly 1122sqm area at the north departure level airside of the passenger terminal. The firm has run some duty-free services at […]

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