Tag: assia

Retail Asia02/11/2021
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1min0
The US Federal Communications Commission (FCC) has voted to revoke the authorization for China Telecom’s subsidiary in the US. Citing national security concerns, officials ordered China Telecom Americas to discontinue its services in the US within 60 days. The subsidiary has been operating in the US for nearly two decades. In a statement released, the […]

Retail Asia04/11/2020
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4min0
China’s Laobaixing and Yixintang Pharmaceutical Group are in advanced talks to create the country’s biggest drugstore chain via a share swap, three people familiar with the matter said. Laobaixing’s founders, Xie Zilong and Chen Xiulan, are expected to have a bigger stake in the merged firm than Yixintang’s founder Ruan Hongxian, said two of the […]

Retail Asia26/07/2019
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4min0
Kia Motors took the wraps off the 2020 XCeed, which is an urban crossover utility vehicle. Kia says that it is an alternative to regular SUVs and is as practical as an SUV and as engaging as a hatchback. It will be launched in Europe in the third quarter of 2019 and will be positioned between […]

Retail Asia09/05/2016
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1min0
Thailand’s National Broadcasting and Telecommunications Commission has written to AIS warning of $71,114 (2.5 million Baht) a day fines unless they complete the handover of 300,000 subscribers to TrueMove under the mobile number portability system by May 10th. Thai language daily Thairath reported that AIS has refused to release the subscribers due to incomplete or […]

Retail Asia07/03/2016
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6min
As Thai retail conglomerate Central Group suffers a sluggish domestic economy, its owners the Chirathiwat family worry that premium customers are spending overseas rather than at home. “The upper class group is still spending money,” Chief Executive Tos Chirathiwat told reporters in Bangkok on Wednesday. “The problem is that they are spending outside of Thailand.” […]


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