cinema

Retail Asia25/03/2019

Grab has expanded its fintech offer with “Buy Now Pay Later” facility and an online store check-out plugin. Through its joint venture with Credit Saison, the ride-hailing platform offers a post-paid payment facility which allows customers to pay for Grab services at the end of the month, without additional fees. This is geared towards consumers […]

Retail Asia20/11/2018

The head of the Creative Economy Agency, or Bekraf, said he expects the number of cinema screens in Indonesia to double over the next few years, amid growing interest in the national film industry. “We expect to see at least 3,000 screens – twice what we have today. This is because local films thrive in […]

Retail Asia05/11/2018

CJ CGV Vietnam Holdings said Friday it will further expand its presence in Vietnam by maximizing funds from its planned listing in Korea this month. The cinema chain based in Vietnam is scheduled to go public on Seoul’s main Kospi bourse on Nov. 16. It plans to issue 5.71 million shares, with the share price […]

Retail Asia12/04/2018

Dubai-headquartered Reel Cinemas has launched dine-in movie theatres in the UAE, with one planned for The Dubai Mall. The theatres – designed with comfortable seats and tables to eat while watching a movie – will feature meals created by chef Guy Fieri. The first has opened at the Jebel Ali Recreation Club, with the third […]

Retail Asia14/03/2017

It will be mandatory for two commercial sites earmarked for sale in Kai Tak and Sha Tin to include cinemas in their land leases, as the government attempts to shore up the creative industries amid soaring rents. Rules set a fixed number of seats for cinemas, while also stating that future modifications can only be […]

Retail Asia13/03/2017

Earlier, on March 8, the M.V.P Group held a press conference to address issued related to the closure of Platinum Cineplex, the biggest cinema operator by screen in Hanoi, at three Vincom malls. The three cinemas include Platinum Royal City in Thanh Xuan District, Platinum Times City in Hai Ba Trung District and Platinum Long […]

Retail Asia15/02/2017

CJ-CGV has quickly emerged as the dominant cinema chain with more than half of the market share. South Korean multiplex chain CJ-CGV, which currently has 38 cinemas and 247 screens in Vietnam, managed to triple its net profit last year to VND93.4 trillion ($4 million). The chain has aggressively expanded in Vietnam since 2011 when […]

Retail Asia20/01/2017

Indonesia’s CT Corp. is partnering with cinema operators to open movie theaters in its commercial complexes. The retail and media conglomerate hopes to tap growing demand for entertainment and gain an edge over other retailers. On Wednesday, CT retail arm Trans Retail announced a partnership with Graha Layar Prima, operator of the CGV cinema chain (formerly known […]

Retail Asia07/12/2016

GIC is investing 3.5 trillion rupiah (S$370 million) in Indonesian cinema operator PT Nusantara Sejahtera Raya (NSR) as the Singapore sovereign wealth fund hopes to capture a slice of Indonesia’s economic growth. The investment is intended to help NSR further anchor its market position and to prepare for the next stage of growth, GIC and […]

Retail Asia22/11/2016

Frasers Centrepoint Trust has entered into two sale and purchase agreements for the acquisition of the retail podium of Yishu 10 Cinema Complex. The deal is worth $37.8m. One of which was with Goldvein Trading Pte. Ltd., for the acquisition of units #01-01, #01-02, #01-04/04A, #01-05, #01-06, #01-07, #01-08 and #01-09 of the retail podium of […]

Retail Asia18/11/2016

The government’s recent decision to allow full foreign ownership in local movie businesses has attracted the interest of South Korean and Chinese cinema giants to invest in Southeast Asia’s largest market, a government official said. Creative Economy Agency (Bekraf) head Triawan Munaf said a number of foreign investors were currently conducting feasibility studies for expanding […]

Retail Asia13/04/2016

D-BOX Technologies and PT Cinemaxx Global Pasifik (Cinemaxx), affiliate of Indonesia’s Lippo Group, are pleased to announce the conclusion of an agreement to install D-BOX immersive motion systems into the first auditorium in Indonesia in 2016. “The addition of D-BOX reinforces our commitment to give moviegoers the best cinematic experience possible” declared Mr. Mohit Dubey, […]

Tag: cinema

Grab launches ‘Buy Now, Pay Later’ option

Number of Cinema Screens in Indonesia Expected to Double Over Next 3 Years

CGV to boost its presence in Vietnamese cinema market

Reel Cinemas launches dine-in movie theatres

Hong Kong government to boost cinema numbers through land lease terms

Vincom suits Platinum Cineplex

Korean multiplex chain leads booming movie market in Vietnam

Indonesia’s CT launches cinema blitz to boost retail chain

GIC buys $370 million ticket to the movies in Indonesia

Frasers Centrepoint Trust buys retail podium of Yishun 10 Cinema Complex

South Korean, Chinese cinema giants line up to enter Indonesian market

Cinemaxx to Open First D-BOX Theatre in Indonesia