Tag: asia

Retail Asia09/04/2019
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Isuzu Motors India has announced to increase the prices of its commercial pick-up range- the D-Max Regular Cab and the D-Max S-Cab. The company has decided to increase the prices by 2 per cent which will be effective from April 1. Following a series of price hike by carmakers like Mahindra, Tata Motors, Renault and […]

Retail Asia08/04/2019
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Alibaba’s e-commerce platform Taobao has launched its home-and-living channel, Jiyoujia in Singapore. Marking the brand’s first foray into an overseas market, products are on show at Taobao Home store at NomadX store. “Singapore is an important market for Taobao, and we continue to witness strong and sustained demand for the home-and-living category here by shoppers,” said […]

Retail Asia08/04/2019
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The Hong Kong Monetary Authority has granted the first virtual banking licenses to three institutions. According to their business plans, these banks will launch their services within six to nine months. The three banks that received a license are Livi VB, SC Digital Solutions and ZhongAn Virtual Finance to operate in the form of a virtual […]

Retail Asia08/04/2019
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The tenth generation Honda Accord has been revealed for the ASEAN markets and the all-new sedan is more compact than its predecessor while offering more generous cabin space. Interestingly, the new generation ASEAN-spec Accord is similar to the North American version in design that has been on sale since 2017. The latter model has usually […]

Retail Asia08/04/2019
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American grill & bar Chili’s Singapore has quietly closed all three remaining outlets in the city. ““As of 24th March, we have closed all of our restaurants in Singapore. It’s been a wonderful 10 years serving our loyal community. Thank you for all the great moments and memories we shared,” the company posted on Facebook. […]

Retail Asia08/04/2019
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Ford Motor Co’s Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country’s passenger vehicle market. The move is part of a restructuring that will see Russia’s Sollers assume control of the venture, which is currently led by the U.S. automaker, the companies said in a […]

Retail Asia08/04/2019
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A number of retailers have opened their first stores in Queensland at the newly revamped Sunshine Plaza, which this week celebrated the completion of its $440 million redevelopment. The centre’s redevelopment has added over 34,000sqm of additional retail space, expanding it from 73,000sqm to over 107,000sqm. The redeveloped shopping centre has welcomed the region’s first […]

Retail Asia08/04/2019
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2min0
A family of swindlers who stole more than HK$40 million (US$5 million) from cosmetics retailer Bonjour have been imprisoned for their crimes. The highest sentence of 11 years behind bars was dealt out to the Bonjour fraud scheme ringleader Kiu Mei-ling, 64, a Bonjour employee in charge of payroll who funnelled company funds into her […]

Retail Asia08/04/2019
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2min0
Three collections of Pomelo Purpose sustainable clothing will be launched this year. Pomelo, the O2O fashion brand, says all pieces in the collections will be made entirely from ethically sourced fabrics, including organic cotton from the Better Cotton Initiative, and use natural-colour dyes. From production to packaging, the Pomelo Purpose lines incorporate eco-friendly practices. Manufacturing […]

Retail Asia08/04/2019
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2min0
Bentley Motors is all set to return to the Pikes Peak International Hill Climb with the Continental GT. Well, of course, it’s going there with a purpose, as the company aims to capture the production car record with the car. Joining forces with Bentley is former ‘King of the Mountain’ Rhys Millen who has already […]

Retail Asia08/04/2019
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3min0
Hyundai India will be entering the subcompact SUV segment later this year with an all-new offering. The company recently confirmed that the new model will be called the Hyundai Venue upon launch, carandbike can now confirm that the new SUV will be unveiled on April 17, 2019. The Venue is a Maruti Suzuki Vitara Brezza, […]

Retail Asia05/04/2019
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3min0
Singtel has appointed Dominic Barton (pictured) as an independent director with immediate effect, the Singaporean telco announced Monday. Barton is currently global managing partner emeritus of McKinsey & Company. Prior to that he was global managing partner of McKinsey until July 2018, a role he held for nine years. He has also served as chair […]

Retail Asia05/04/2019
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2min0
Data center, colocation and interconnection provider Digital Realty has commenced construction of its third data center facility in Singapore. The 12,800 square meter plot of land will be the foundation of Digital Loyang II (SIN12), an expansion and further development of a Digital Loyang Connected Campus. SIN12 will be located less than 25km from Singapore’s […]

Retail Asia05/04/2019
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SK Telecom has announced it has used augmented reality to simulate a fire-breathing dragon at a sports stadium as part of its ongoing development of new 5G-powered services. Using augmented reality technology, the large fire-breathing wyvern was streamed flying around the SK Happy Dream Park during the opening day of the Korea Baseball Organization. The dragon […]

Retail Asia05/04/2019
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2min0
The European Commission (EC) has outlined plans to establish a common European Union approach to the security of 5G networks. The EC has recommended a series of operational steps and measures aimed at ensuring a high level of security of 5G networks across the EU. The recommendations for EU member states include legislative and policy measures designed […]

Retail Asia05/04/2019
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Singapore-based digital security company DiSa Limited aims to pioneer a new integrated mobile phone warranty program, and has signed up M1 as the first operator to offer the program to its mobile users. The new insurance offering, developed to tackle the rising global trend of e-wallet theft, will allow victims of theft of their e-wallets […]

Retail Asia05/04/2019
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Singapore FinTech Association (SFA) and FinTech Australia (FA) have agreed to further strengthen opportunities for FinTech firms across both countries. An MoU between the two parties aims to contribute to the development of the FinTech industry in general across ASEAN and Australia. They will collaborate from time to time on particular initiatives relating to the […]


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