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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )

Retail Asia10/09/2019

Budget airline pioneer Tony Fernandes has built AirAsia Group into a benchmark for aviation in Southeast Asia in the 17 years since he founded the company. No longer satisfied with just flying passengers from A to B, Fernandes wants to use the data collected from the 100 million passengers he transports each year to transform the group […]

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Retail Asia05/09/2019

PayPal-backed digital lender Tala has raised another $110 million to enter the Indian market, increasing the firm’s total estimated value to more than $750 million. The five-year old California-headquartered startup specializes in digital lending, building credit profiles based on customer texts, call logs, merchant transaction, app usage and other behavioral data through an Android app. […]

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Retail Asia12/08/2019

French-headquartered Lagardere says its travel retail business achieved a 15.8-per-cent increase in consolidated sales in the first half-year. Like-for-like sales were up 6.5 percent, the difference attributable to a €134 million positive impact resulting from the acquisition of HBF and of Smullers in the Netherlands, and to a €26 million positive foreign exchange impact. Earnings […]

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Retail Asia09/08/2019

The export financing sustainability-linked loan is the first of its kind in Indonesia. DBS Bank Indonesia has signed a sustainability-linked export financing loan with wooden door manufacturer PT Sumatera Timberindo Industry (STI), the bank said in a press release on Wednesday. DBS said the loan is evaluated based on a target of obtaining timber and raw […]

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Retail Asia24/07/2019

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India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen cooperation in a number of key areas including economy, defense and maritime security. The two leaders, who are in Osaka, Japan for […]

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Retail Asia24/07/2019

Fourteen international brands are seeking for Vietnam franchise partners. The brands will gather at VF Franchise Consulting headquarters in Ho Chi Minh City on July 9 to meet with prospective area or master franchisees for the market. The franchises are in the food-and-beverage sector, education, services, and come from the US, Taiwan, Thailand, Singapore, India […]

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Retail Asia24/07/2019

The biggest investor in Aston Martin is considering buying another 3% stake, offering to increase its holding after shares in the luxury carmaker crashed almost 50% since its listing nine months ago. Strategic European Investment Group, part of the Italian private equity group Investindustrial, owns 31% of Aston Martin. It only wants to buy a maximum […]

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Retail Asia12/07/2019

Going into the restaurant business can be touch-and-go, since the restaurant industry can be quite volatile, especially for new ventures. That’s why it is essential to go into the restaurant business with clarity and purpose. Mistakes can cost money, so you want to ensure that you are fully prepared, financially capable, and in the know […]

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Retail Asia25/06/2019

Korean grocery delivery service Kurly has closed an upsized Series D round that hit US$113 million. The round was announced last April at $88 million, but has since attracted an additional $25 million funding from China’s Hillhouse Capital. Kurly delivers all orders placed by 11 pm before 7 am the following morning, prioritising convenience over […]

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Retail Asia24/06/2019

The Philippines and Vietnam led Southeast Asian FMCG sales growth last year, according to a report by market research company Nielsen. In What’s Next for Southeast Asia, Nielsen reported that Vietnam’s FMCG sales growth reached 5.2 per cent, second in Southeast Asia behind the Philippines’ 8.7 per cent. Global FMCG sales growth was only 3.4 per […]

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Retail Asia18/06/2019

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HSBC, which has been present in Singapore since 1877, said it intends to increase its share in its target small-medium-enterprise (SME) market from the current 10 percent to 15 percent by 2021. HSBC classifies SME clients as those with a turnover of $5-$100 million. At a high level, we see Singapore as a de facto financial capital […]

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Retail Asia05/06/2019

With 14 days left to hit their minimum target, New Zealand-based ethical fashion brand Little Yellow Bird announced it has raised over $151,563 in its equity crowdfunding campaign. The Wellington-based company is offering Kiwis the chance to invest in the company for as little as $500 to scale its impact, grow the product range and […]

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Retail Asia31/05/2019

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UK-based auto giant Jaguar Land Rover (JLR) has posted a decline of 13.3 percent in sales for April 2019. The Tata Motors-owned automaker sold 39,185 units last month, a sharp decline in year-on-year volumes when compared to April 2018. The carmaker attributed to the weak demand for its vehicles largely due to the subdued market conditions in […]

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Retail Asia23/05/2019

Hong Kong retail sales in March slipped by a negligible 0.2 percent, a slower decline than the 1.6 percent of January and February combined. But figures from the Census and Statistics Department show first-quarter retail sales were still down 1.2 percent year on year. After netting out the effect of price changes over the same […]

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Retail Asia20/05/2019

Singapore grocery-picking startup puts a positive spin on its predicament as it seeks investors. Honestbee has shut down or suspended operations in five countries as it seeks funding to continue to trade in its core markets, including home base Singapore. As previously reported by Inside Retail Asia, Honestbee has suspended operations in Hong Kong and Thailand. Yesterday, […]

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Retail Asia17/05/2019

President Donald Trump has criticised India’s “big tariffs” on American paper products and the iconic Harley-Davidson bikes, saying the US has been losing billions of dollars to countries like India, China and Japan. Addressing a Republican political rally in Wisconsin state’s Green Bay city on Sunday, Trump alleged that every country has been ripping off America for […]

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Retail Asia10/05/2019

Airasia Group Bhd is keen to acquire digital platforms abroad to boost its digital business segment. AirAsia Group chief executive officer Tan Sri Tony Fernandes said: “For sure…some will be M&A (merger and acquisition), some will be joint-ventures.” Asked which country the group was eyeing, he said: “Wait and see.” Fernandes was speaking to reporters […]

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Retail Asia08/05/2019

Electric performance car is not an alien concept anymore. In fact, prominent carmakers like Automobili Pininfarina and Rimac are into the business of making only electric supercars. Electric Mobility is also believed to be the future of automobiles and this stands true even when we talk about performance cars. Mercedes is also thinking in this direction […]

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Retail Asia07/05/2019

Today payments infrastructure company Stripe announced a series of updates to its product stack for businesses operating in Europe, and acquired a Dublin-based tech company called Touchtech Payments. Strong Customer Authentication (SCA) is coming On September 14, 2019, SCA will come into force in Europe, radically changing the way people buy and sell online. More than 300 […]

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Retail Asia30/04/2019

Cebu Air reported its net income plunged 50.6% to P3.9 billion in 2018, from P7.9 billion in the previous year, due to the “challenging macro environment.” In a statement over the weekend, the operator of Cebu Pacific noted the high fuel prices, volatile Philippine peso, rising interest rates, increased competition, six-month closure of Boracay, and […]

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