budget

Retail Asia24/06/2021

Singapore’s Government Technology Agency (GovTech) will spend up to an estimated S$3.8 billion on info-communications technology (ICT) procurement this year, an almost 10 percent increase from FY20’s procurement value of S$3.5 billion. This spending will go towards transforming government digital services used by both citizens and businesses and re-engineering government digital infrastructure to support modern […]

Retail Asia11/07/2019

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Malaysian low-cost carrier AirAsia launched the first of 66 new long-haul aircraft during the annual Paris Air Show on Monday, as it began to expand in Australia and could revive its Europe service to keep with the burgeoning market for budget long-haul flights. The new Airbus A330-900 aircraft, showcased during the 2019 Paris International Air […]

Retail Asia20/03/2019

AirAsia is offering cheap one-way fares to a tropical Indonesian island, which has been tipped to take the top spot as the favourite destination for Australians. The budget airline announced its new four-time weekly flights between Perth and Lombok, east of Bali this week. As part of the announcement, AirAsia is offering one-way flights to Lombok from […]

Retail Asia20/02/2019

Samsung Electronics will expand investments to develop youth education programs, it said Monday. The company’s three division heads sent an in-house broadcast to employees that day to share a newly set mission: “Enabling people,” which means to help people discover and develop their innate potential. A particular target will be put on developing programs for […]

Retail Asia20/02/2019

Vietnam hopes to export $10 billion worth of seafood this year, meeting its 2020 goal a year early. The Vietnam Association of Seafood Exporters and Producers (VASEP) said at a recent conference it would include $4.2 billion worth of shrimp, $2.3 billion worth of pangasius fish and the rest from other products. Minister of Agriculture […]

Retail Asia15/02/2019

More Vietnamese women are wearing makeup and spending more on makeup products, a new survey finds. The survey finds that Vietnamese women spend an average of VND300,000 ($13) on makeup products a month, with those with higher incomes spending even more. This number marks an increase of 5.4 percent from VND284,000 ($12.2) in 2016, says […]

Retail Asia24/01/2019

Retail shopping continues to be the largest expense for tourists from China, according to a survey from Nielsen and Alipay, accounting for almost a quarter of total spend. The 2018 trends of Chinese mobile payment in outbound tourism survey revealed that retail spending took up 24.6 per cent of Chinese tourists average spend, followed by […]

Retail Asia17/12/2018

Samsung Electronics was the No. 1 investor in R&D in the world this year, according a report from the European Commission. The annual R&D Investment Scoreboard report released by the commission analyzes R&D indicators of top companies in the world, based on their most recent accounts and annual reports. The 2018 report studied 2,500 companies […]

Retail Asia23/11/2018

Indonesia AirAsia X< will cease scheduled operations in January 2019 and operate as a non-scheduled commercial airline thereafter. The carrier’s only scheduled operation – a seven-times weekly service between Denpasar and Tokyo Narita using an A330 – will be suspended in January, the AirAsia X Group disclosed in its third quarter results. “With the challenging operational environment in Indonesia, primarily […]

Retail Asia13/12/2016

When you think of Singapore Airlines, visions appear of cushy premium cabins, bespoke leather seats, and free-flowing Champagne poured by the carrier’s throwback “Singapore girls” flight attendants. It’s all that, yes. But the luxury carrier is working hard to diversify with budget airlines under its corporate banner. It owns low-cost carrier Scoot; 49 percent of […]

Retail Asia04/11/2016

The latest Consensus Ad Forecast from Warc, the marketing intelligence service, indicates that global advertising spend will rise by 4.5% during 2016 as a whole, before the growth rate slows to 4.2% in 2017. With the exception of newspapers and magazines, all major media channels are expected to record adspend growth this year and next. […]

Retail Asia25/05/2016

Low-cost airline groups and manufacturers of smaller passenger aircraft will be among the main winners after Southeast Asia’s open skies agreement finally came into effect last month, although airport capacity constraints could limit the benefits. Ratification of the Association of Southeast Asian Nations (ASEAN) open skies agreements by Indonesia and Laos in April lifts restrictions […]

Retail Asia30/04/2016

Shiseido is set to create a new travel retail unit, based in Singapore, on 1 May, combining the skin care, make-up and fragrances arms of the Japanese beauty house’s worldwide travel retail business, according to a report published by Travel Retail Business. Shiseido Travel Retail has been set a sales target of ¥18.5 billion for […]

Tag: budget

Singapore to increase ICT spending to accelerate Government digitalisation

AirAsia prepares for budget long-haul flights

AirAsia launches cheap fares to Bali, a thriving tourism destination for many Australians’

Samsung to invest more in education programs

Vietnam targets $10 bln seafood export

Vietnamese women up makeup spending

Tourists devote a quarter of budget to shopping

Samsung is No. 1 in world for R&D spending

Indonesia AirAsia X to cease scheduled operations in January

Singapore Airlines Wants to Be a Budget Carrier

Global Advertising Spend Growth to Slow Next Year

AirAsia, budget carrier set to soar in Asean open skies

New Shiseido Travel Retail division set ¥18.5 billion target for FY2016