asi

Retail Asia20/10/2023

Mercedes, BMW, Audi, and Volvo have been slashing their prices by hundreds of millions of dong (VND100 million = US$4,200) in October. Audi is offering discounts on its A4, A6, A8L, Q2, Q3, Q5, Q5 Sportback, Q7, A7 Sportback, and Q8 models of up to VND300 million. Mercedes is offering discounts of 6-10% on some […]

Retail Asia01/08/2022

China’s Ministry of Industry and Information Technology said that the country has now deployed more than 1.85 million 5G base stations nationwide as it pushes for its target of a total of 3.64 million by the end of 2025. According to the government website, fixed asset investment in the telecommunications industry has also increased by […]

Retail Asia20/06/2022

Wealthy people are splurging millions of dollars to buy ultra-luxury apartments mostly as second homes. Hoa, owner of a house and a villa in HCMC’s Thu Duc City, said she recently bought a VND30-billion (US$1.3 million) apartment. Located on the 27th floor of a luxury project, the 200-square-meter unit offers unobstructed views of the Saigon […]

Retail Asia06/06/2022

Some 83 Triumph Trident 660 sportbikes were recalled in Vietnam since their kickstands may be prone to bending. The units were made in Thailand between Feb. 7 and May 15 last year, according to Vietnam Register. A representative of Triumph Vietnam said the kickstand of affected bikes had been manufactured with the use of an […]

Retail Asia15/04/2022

South Korea’s top two retailers — Shinsegae Group and Lotte Group — are going beyond retail to jump into the whisky and wine markets, which have been seeing rapid growth since the onset of the COVID-19 pandemic. Lotte Chilsung Beverage Co. announced in a report released early this year that it will expand its production […]

Retail Asia16/06/2021

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make it the second-largest shareholder in Gigasolar, known for manufacturing solar cell materials. The two companies […]

Retail Asia05/05/2021

The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations. As of April 13, 54 listed companies have announced plans to issue more shares this year to raise nearly VND44.7 trillion ($1.94 billion), according to financial data provider FiinGroup. […]

Retail Asia17/09/2019

DB Schenker in Asia Pacific has been awarded the prestigious Supply Chain Innovation of the Year, as well as Global 3PL of the Year, at the Supply Chain Asia Awards 2019 held in Singapore. The 14th edition of this annual Awards celebrates the achievements and contributions to the growth and development of the supply chain […]

Retail Asia01/08/2017

Grocery stores around the country – and all independent brick-and-mortar retailers, for that matter – uttered a collective gulp the day Amazon announced it had acquired Whole Foods for a whopping $13.7 billion dollars. Amazon, the Goliath of online shopping and the behemoth responsible for shuttering the doors of retail brick-and-mortar establishments, is getting into the […]

Retail Asia31/01/2017

Inflight Sales Group (ISG) founder and CEO Jean-Marcel Rouff has confirmed that the retailer has been awarded a five-year contract to operate the Philippine Airlines (PAL) duty free contract. This follows the narrowing down of the list of bidders to a final three in mid-2016, led by ISG, DFASS and the Regent Travel Retail Group in […]

Tag: asi

Luxury car brands offer big discounts in October

China Now Has More Than 1.85 Million 5G Base Stations

Multi-million dollar apartments catch super-rich’s eyes

Triumph Trident 660 recalled over weak kickstand

Shinsegae and Lotte to compete in wine and whisky market

Foxconn Invests $36 Million In EV Partnership With Gigasolar

Share issuance value surges as businesses expand

DB Schenker scores a brace at the Supply Chain Asia Awards 2019

Do Local Merchants Stand A Chance In E-Commerce Wars With Amazon?

Philippine Airlines awards five-year DF contract to ISG