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Tag: APAC

Retail Asia02/04/2021
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General

Vietnam Airlines to resume commercial flights to Asian destinations this week

2min0
Vietnam Airlines will reopen international commercial flights connecting Hanoi and HCMC with several Asian destinations including South Korea, Japan and Australia, starting this Saturday. The national flag carrier said flights from Hanoi to South Korea’s Incheon City will depart every Thursday while there will have seven flights from Hanoi to Japan’s Narita City in April, […]
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Retail Asia31/03/2021
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Finance

New Ripple Acquisition to Enhance Cross-Border Payments in APAC

2min0
Its investment in an Asia-focused cross-border payments specialist aims to address challenges associated with cross-border payments in Southeast Asia’s fragmented payments landscape. Ripple has acquired a 40-percent stake in Tranglo, which will allow the blockchain payments company to meet growing customer demand in the region and expand the reach of on-demand liquidity (ODL), the company […]
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Retail Asia15/03/2021
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Finance

Mary Kay names new Asia Pacific regional president

3min0
Mary Kay announced Wendy Wang will be appointed President of the company’s Asia Pacific Region. In her new role, Wang will provide strategic vision and leadership and drive growth in the region and beyond. “We want to congratulate Wendy as she transitions into her new role as President of Mary Kay Asia Pacific,” said David […]
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Retail Asia12/03/2021
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Startups

Cybersecurity Startup Plots APAC Expansion

2min0
London-based cloud-native application security startup Snyk is eyeing Asia Pacific and Japan, following a breakout year in 2020. Snyk has announced plans to expand in Singapore, India, Japan, Korea, Australia, and New Zealand, and has appointed vice president of APJ sales Shaun McLagan to lead and build out dedicated teams in the region, the firm announced in a […]
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Retail Asia22/02/2021
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Finance

Most APAC Institutionals Undergo ESG Conversion

3min0
Sustainable investing continues to establish roots within the industry especially in Asia where over half of the region’s institutional investors will have largely implemented related factors in their processes by the end of the year. Almost 60 percent of APAC investors expect to have incorporated environmental, social and governance (ESG) factors completely or «to a […]
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Retail Asia19/02/2021
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General

IntSights grows APAC footprint with Pacific Tech partnership

4min0
IntSights, the threat intelligence company focused on democratizing threat intelligence, announced the appointment of Pacific Tech as its regional distributor in Singapore, Malaysia, and Thailand. The collaboration further strengthens IntSights’ network in the region to meet the fast-growing demand for threat intelligence as enterprises look to gain greater visibility and control over threats outside the […]
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Retail Asia18/02/2021
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Finance

Credit Suisse APAC Profits Slip in 2020

1min0
Pre-tax income at Credit Suisse’s Asia Pacific unit slipped in 2020 mainly due to higher credit loss provisions. Pre-tax income for Credit Suisse’s regional business fell 10 percent year-on-year to 828 million Swiss francs ($921 million), according to a statement, driven primarily by higher credit loss provisions which were offset by higher net revenue. Regional […]
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Retail Asia09/02/2021
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Finance

Mastercard partners with SAP Concur to deliver automated expense and invoice management for businesses in APAC

2min0
Mastercard has partnered with SAP Concur to deliver a faster and more efficient expense and invoice management process to banks, companies and government agencies in Asia Pacific for transactions with corporate cards. As businesses and governments seek to increase visibility across payments, optimize credit lines and leverage data to strengthen supplier relationships, the partnership offers […]
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Retail Asia08/02/2021
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General

Tumi select APAC to launch first experimental virtual store

4min0
TUMI, the leading international travel, lifestyle, and performance luxury brand, launches the breakthrough TUMI Virtual Store to debut its Spring 2021 collection, delivering an immersive and enhanced omnichannel experience to customers in Asia Pacific and the Middle East. Ushering in a creative new age of digital retail that connects fans with the brand like never […]
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Retail Asia08/02/2021
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Finance

Chubb Hires APAC Property Head From AIG

2min0
Chubb, the world’s largest publicly traded property and casualty insurer has announced new appointments for its Asia Pacific property and casualty team. Commercial property specialist Alex Todd has joined Chubb as its head of property, a role in which he will be responsible for the growth and performance of its commercial property portfolio in Asia, the company announced on […]
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Retail Asia18/01/2021
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Logistics

New CEO for DB Schenker in Asia Pacific

2min0
DB Schenker announces the appointment of Dr Niklas Wilmking as CEO for the Asia Pacific region, with effect from 1st January 2021. Following his successful tenure as Executive Vice President Global Airfreight at DB Schenker Head Office, responsible for the global airfreight network, flight operations, procurement, revenue management, operational excellence and digitalization, Dr Wilmking returns […]
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Retail Asia18/01/2021
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Fashion

Canada Goose appoints an APAC president

3min0
Canada Goose announced the appointment of Scott Cameron as president, Asia-Pacific (APAC), effective April 1 and the appointment of Michael D. Armstrong, executive vice president, ViacomCBS, to its Board of Directors as an independent director, effective immediately. Cameron joined Canada Goose in 2016 as chief strategy and business development officer and most recently served as president of the […]
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Retail Asia07/01/2021
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Electronics

Google Appoints Cloud Business Leader for APAC

2min0
He succeeds Rick Harshman, who leaves the organization for a new opportunity after almost five years in the role. Google has appointed technology leader Karan Bajwa as vice president for Google Cloud in APAC, the company announced in a statement on Tuesday. Bajwa, who is currently based in India, where he leads Google Cloud’s operations in the […]
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Retail Asia06/01/2021
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Startups

YouTrip Inks Deal for Regional Expansion

2min0
The multi-currency mobile wallet has inked a six-year partnership with Visa to grow its reach across Southeast Asia, starting with Malaysia and the Philippines. The two sides are banking on an international travel recovery and hope to solve a pain point for Southeast Asian travelers by enabling access to cross border payment solutions such as wholesale exchange rates and […]
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Retail Asia04/01/2021
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Finance

Asia is Ready for a Digital Banking Revolution

4min0
In the next three years, Asia will see more than fifty new digital banks that will completely change the financial services landscape. That’s just the beginning, GFT’s Christopher Ortiz says. The region will also see broader adoption of blockchain technology with new private exchanges, multi-currency e-wallets and digital assets. Some of the incumbent banks understand […]
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Retail Asia17/12/2020
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Finance

Citi Registers Record-High Wealth Inflows in APAC

3min0
Citi in Asia Pacific posted record-high net new money of $20 billion across its wealth management business in the region. This represents a 10 percent year-on-year increase, according to a statement from the bank, and pushes total assets under management across the wealth business to $238 billion with approximately one-third of billionaires in the region […]
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