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Tag: Business

Retail Asia04/09/2023
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General

Record number of new firms seen in eight months

2min0
A record number of 103,658 new firms were established in the first eight months of this year, a rise of 2.3% year on year, the Ministry of Planning and Investment (MPI) reported. In August alone, the country saw more than 14,000 newly established businesses, up 17.9% year on year. However, the number of firms returning […]
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Retail Asia22/07/2022
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General

Ecommerce Business Lifecycle Technology Requirements

10min0
Every business is different. From its launch to its maturity or failure, businesses go through many stages. There are ups and downs, barriers and successes, all that mark the uniqueness of a business and the strategies used in it. Just like that, there are many differentiations for the business life cycle of ecommerce stores these […]
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Retail Asia06/04/2022
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Fashion

Pandora names new China GM

3min0
Pandora has named former FMCG and beauty industry executive Irving Holmes Wong as general manager for China to lead the Danish jewelry brand’s growth in a “key market”. Irving Holmes Wong, who previously held senior management positions at Avon, Bacardi-Martini, Revlon, and L’Oreal, will join Pandora as senior vice president and general manager of the […]
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Retail Asia01/04/2022
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Automotive

Swiss Re, Baidu Team Up In Autonomous Driving Business

1min0
Swiss Re and Chinese tech group Baidu are teaming up to help advance autonomous driving, the Swiss reinsurer said on Friday. Swiss Re will provide risk management expertise and insurance products for Baidu’s autonomous driving business, it said without giving any financial terms. “This partnership will advance risk management research and insurance protection for autonomous […]
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Retail Asia31/08/2021
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General

Covid impact sees Vietnam retail sales drop

1min0
Vietnam retail sales plunged 33.7 percent year-on-year in August as the country faced stricter restrictions due to the ongoing Covid-19 pandemic. According to the General Statistics Office, August’s retail sales plunged 10.5 percent compared to July. In the first eight months of this year, revenue from retail trade and service declined 4.7 percent year on […]
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Retail Asia21/06/2021
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General

Singapore Reconsiders Economic Reopening

3min0
A growing cluster of infections threatens to derail Singapore’s economic reopening, while expats in the country are growing restless from being cooped up on the island with no end in sight. Singapore’s Multi-Ministry Task Force is closely monitoring the growing number of community cases, particularly the expanding cluster of cases that now number 56, which originated […]
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Retail Asia23/04/2021
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General

Twitter launches Professional Profiles for businesses

2min0
Twitter has officially launched a test of its new profile type called Professional Profiles, aimed to allow businesses to display specific information to potential customers. Twitter Business has posted an image showing what the new profile looks like, with a short description reading: “Like our new look? Today we’re launching an exciting test of a new profile […]
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Retail Asia22/04/2021
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General

How To Run A Sustainable Business

5min0
Sustainability has become an important watchword in the business world. This is not just in relation to the ongoing climate crisis but due to the ways that sustainability can ensure steady growth in a company and avoid negative events such as bankruptcy. If you are looking to make your business sustainable, or you are thinking […]
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Retail Asia20/04/2021
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General

AirAsia to invest heavily in digital business

4min0
AirAsia Group plans to raise USD300 million to expand its digital business arm, AirAsia Digital, as it intensifies the diversification of its business to offset the COVID-19 crippling effect on aviation. Bloomberg, quoting “people with knowledge on the matter”, reported the low-cost carrier was negotiating with prospective investors for a fundraising deal that would involve the […]
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Retail Asia31/03/2021
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Living

First quarter sees 16 percent rise in business closures

1min0
Around 23,800 are temporarily closed, up 28.2 percent, and more than 5,000 have permanently ceased to do business, a 26.4 percent increase, while 11,300 others are completing dissolution procedures. The majority are small, newly-established companies that were vulnerable to the impacts of the Covid-19 pandemic. Some 29,300 enterprises were established during the quarter, down 1.4 […]
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