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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 )
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29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia20/12/2018

Vietnamese consumer confidence has reached a global high thanks to optimism over jobs and personal finances. The Vietnam Consumer Confidence Index has risen by nine points from the second quarter to reach an all-time high at 129 points in the third quarter of 2018, according to the Global Consumer Confidence Survey. The survey results have […]

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Retail Asia18/12/2018

Global grocery markets are likely to generate an additional US$1.9 trillion in sales by 2023, led by Asian countries, according to new research data. The IGD forecast, based on IMF, World Bank, UN and Oanda base data, predicts Asia will see the strongest real growth – from population growth or consumers spending more on grocery […]

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Retail Asia12/12/2018

South Koreans are spending more at Chinese online stores, according to credit-card spending data. Purchase records from November 1-26, compiled by the big data centre at Shinhan Card, showed a 9.8 per cent increase from last year in the value of goods bought from overseas internet sites. The number of transactions was up 16.6 per […]

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Retail Asia20/11/2018

As one of Asia’s leading retail hubs, Hong Kong has long been a mecca for luxury shoppers. Despite being home to APAC’s most expensive retail real estate (second globally to New York City’s 5th Avenue), there’s a reason why large, sprawling luxury shopping malls continue to dominate in a crowded city. Hong Kongers will be glad to know, though, […]

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Retail Asia30/10/2018

Southeast Asia’s leading brand ecommerce enabler, aCommerce, introduces BrandIQ, the company’s new ecommerce measurement and analytics suite. BrandIQ will enable brands to understand and visualize more than 11 million SKUs across 600 brands and 160,000 sellers online across Southeast Asia, enabling global consumer brands and retailers to grow online sales and market share. BrandIQ is envisioned to […]

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Retail Asia24/10/2018

A commissioned study conducted by Forrester Consulting on behalf of Collinson, a global leader in loyalty and benefits, reveals that the majority of organisations do not understand what is driving customer loyalty, and are therefore putting customer relationships and profitability at risk. Surveying decision-makers in organisations with revenue exceeding US$300 million, respondents graded their programmes […]

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Retail Asia07/05/2018

Consumer spending growth accelerated to five per cent year-on-year in the three months to the end of December last year, with retail trade picking up momentum over the holidays, new National Australia Bank data has revealed. Up from three per cent growth y/y in the third quarter, NAB’s latest quarterly customer spending report, which measures […]

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Retail Asia13/10/2017

Consumers appear to have a spring back in their step, which will be a welcome relief to retailers after the recent run of poor household spending figures. The Westpac-Melbourne Institute consumer sentiment index jumped 3.6 per cent in October to its highest level in a year and for the first time since November 2016 showed […]

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Retail Asia13/07/2017

FE Credit is leading the consumer finance market with $1.4 billion worth of loans provided in 2016, accounting for 48 percent of market share. Its rivals, Home Credit, HD Saison and Prudential, hold 15.7 percent, 12.2 percent and 8.1 percent, respectively, according to StoxPlus. The other well-known names in the market are Mirae Asset Finance, […]

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Retail Asia03/07/2017

Cigars have been enjoying a revival in recent years, boosted by younger smokers and emerging cigar markets such as China. We spoke with Martin Kaufmann, Oettinger Davidoff’s Senior Vice president of Europe and Global Travel Retail, on his recent trip to Hong Kong to learn more about trends in the cigar industry and how Davidoff […]

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Retail Asia14/06/2017

Household spending in the Philippines is expected to post a slower growth this year because of rising consumer prices and a weaker currency, Business Monitor International, a unit of Fitch Group, said in a report over the weekend. “In US dollar terms, household spending growth will experience a significant deceleration from 6 percent in 2016 […]

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Retail Asia27/04/2017

Vietnamese consumers are the most socially-conscious in Asia-Pacific according to the Corporate Sustainability Report from Nielsen released on April 26. The report indicates that up to 86 per cent of consumers in Vietnam are willing to pay higher prices for products and services that come from companies that are committed to positive social and environmental impacts, […]

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Retail Asia24/02/2017

Fast moving consumer goods (FMCG) sales showed the best improvement in three years in the last quarter of 2016, with 7.3 percent growth against the same period last year, according to the latest Market Pulse quarterly report released by Nielsen on Thursday. “The build-up and positive sentiment towards the Tet period was one of the […]

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Retail Asia24/01/2017

After a record two years of negative inflation, consumer prices in Singapore finally rose in December last year, with headline inflation coming in at 0.2 per cent. The rise in the consumer price index (CPI) was due to a larger increase in private road transport cost, which rose by 1.7 per cent in December following […]

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Retail Asia19/11/2016

Consumer credit demand in the Philippines remains strong, supported by President Rodrigo Duterte’s push to sustain economic growth, a loan provider said Friday. Home Credit Philippines expects to hit its target 500,000 clients this year and double its client base to one million in 2017, according to its chief executive, Annica Witschard. “Obviously, there’s going […]

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Retail Asia09/11/2016

Indonesian consumer confidence rose again in the third quarter of this year in line with their increasing confidence for the government’s recent economic policies, global research company Nielsen revealed on Wednesday. According to Nielsen’s Global Consumer Confidence Survey, the Indonesian consumer confidence index increased by three points to 122 in the third quarter from the […]

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Retail Asia04/10/2016

E-commerce is a fast-moving game and major forces are changing the rules. Forward-thinking retailers are investing to maximize the potential of both physical and digital channels. Global players that once stood on the sidelines are now poised to compete in South East Asia. Just recently, Indonesian department store chain MatahariMal raised $500 million to develop […]

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Retail Asia05/11/2015

Thailand’s consumer sentiment recovered for the first time in 10 months in October, thanks to the government’s continued introduction of economic stimulus measures. The University of Thai Chamber of Commerce said Thursday that the consumer confidence index rose to 73.4 in October from 72.1 in September, when the index hit its lowest level in 16 […]

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Retail Asia10/08/2015

Reports from Korea suggest Lotte Group has lost more than 1 trillion won (US$853 million) in China in just three years. Data assembled by CEO Score shows Lotte China made heavy losses between 2011 and 2014 as South Korea’s fifth largest company struggled to understand the Chinese consumer and build market share. Last month, Lotte […]

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Retail Asia05/08/2015

Chinese policymakers are gung-ho to transition their economy away from investment and toward consumption, but that may not happen for another decade, new data shows. “Without a substantial intervention, we believe consumption’s share of China’s economy is unlikely to rise substantially before 2025,” The Demand Institute, a non-profit organization operated by The Conference Board and […]

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