commercial

Retail Asia16/04/2020

Thailand’s third-largest lender has received preliminary approval to operate in the Southeast Asian nation of 54 million people. SCB will be allowed to open up to 10 branches in the business area with an initial focus on Thai clients with investments in the country, according to Reuters report citing chief executive Arthid Nanthawithaya, who said the bank […]

Retail Asia26/03/2019

Electrical equipment seller EasyTalk has been convicted of five charges under the Product Eco-Responsibility Ordinance. The company is the first of seven Hong Kong electronics retailers caught suspected of violating the Product Eco-Responsibility Ordinance (PERO), with the other six to face hearings this month and next. EasyTalk Group Company was convicted and fined $6500 at […]

Retail Asia30/01/2019

Chinese mall operator Bailian is merging two disused department stores on Shanghai’s Huaihai Road in partnership with urban renewal firm URF to create Theatre X. The two malls on the city’s prime retail street were formerly trendy shopping destinations. Huating Isetan on 527 Huaihai Road M was the first Japanese Isetan outlet in China, while […]

Retail Asia11/01/2019

Malayan Banking Bhd (Maybank) clinched The Banker’s Bank of the Year 2018 in Malaysia award with its fresh thinking on how to provide the best service quality to previously underserved consumers. In a statement, The Banker Editorial said Maybank launched HouzKEY, an innovative rent-to-own product, the first of its kind in Malaysia, recognising a gap […]

Retail Asia08/01/2019

Vietcombank, Vietnam’s largest bank by market cap, has received permission from the securities watchdog to sell a 3 percent stake to foreign investors. The green light from the State Securities Commission (SSC) will allow the lender to make a private placement of 3 percent as part of its plan to ultimately sell 10 percent. The […]

Retail Asia24/01/2018

Frasers Commercial Trust (FCOT) has posted a first-quarter distribution per unit (DPU) of 2.40 Singapore cents, down 4.4 per cent from 2.51 Singapore cents in the same period a year earlier as property income fell while the number of issued units had increased. The topline took a hit from lower occupancy rates at Alexandra Technopark, […]

Tag: commercial

Siam Commercial Bank Set to Launch Myanmar Unit

Online electronics retailer EasyTalk fined for TV Commercial

New commercial landmark set to open at Huaihai Road

Maybank Malaysia bags ‘The Banker’s Bank’ award

Vietcombank to sell 3 percent stake to foreign investors

Frasers Commercial Trust Q1 DPU down 4.4% on lower occupancies