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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 )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
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 Asia25/07/2023

AirAsia Philippines has ended wearing face masks on all domestic flights following the government’s decision to lift the state of public health emergency under Presidential Proclamation 297, filed by the Department of Transportation. Meanwhile, wearing face masks for flights to international destinations remain subject to the existing health protocols in the destination country. AirAsia destinations […]

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Retail Asia11/10/2022

It’s a breath of fresh air – almost literally, just in time for our end-of-year travels. While Japan has just announced that visa-free entry will soon open for individual travellers, Hong Kong will end its once-mandatory hotel quarantine from September 26 (next Monday) onwards. Now, instead of having to spend three days in a self-paid hotel, […]

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Retail Asia03/08/2022

Just when we thought we got rid of the whole COVID-19 craze, things started to get gloomy again. In the US new cases now clock at around 100,000 per day which is very far from ideal but strangely enough, Apple has decided to ease its mask-wearing policies for corporate employees. The company’s COVID-19 response team […]

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Retail Asia14/07/2022

Hong Kong’s new health chief reportedly spoke about the possibility of quarantine-free travel by November, in time for the city’s global banking summit. By the time the Hong Kong Monetary Authority hosts the global banking summit scheduled for November 1 and 2, travelers could experience quarantine-free entry into the city, according to an interview with health chief Lo […]

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Retail Asia07/06/2022

Malaysia’s AirAsia is facing a wave of complaints from customers who say they have still not been refunded for flights that were cancelled or rescheduled during the pandemic. AirAsia and its subsidiary AirAsia X (AAX), both owned by Capital A Berhad, grounded thousands of flights in 2020 and 2021 after the Malaysian government shut state […]

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Retail Asia19/04/2022

Clothing brand Uniqlo’s Japanese owner said on Thursday its China operation would report a large profit decline in the current fiscal year owing to the country’s Covid-19 restrictions. Fast Retailing < is a bellwether for how major global retailers are being impacted by Covid-related shutdowns in China, one of the biggest growth markets for many […]

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Retail Asia15/04/2022

The owner of Japanese clothing brand Uniqlo on Thursday flagged a big profit drop in China due to COVID-19 restrictions, while its chief executive sounded alarm about the weakening yen’s potential to drive up costs. Fast Retailing is a rare bellwether for both global retailers in China, its biggest foreign market, and consumer demand in […]

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Retail Asia23/02/2022

Hong Kong will offer tax breaks, handouts, and subsidies to small businesses and residents, to mitigate the impact of a new wave of social restrictions to curb Covid-19 infections, Finance Secretary Paul Chan said in his 2022-23 budget speech. The measures were announced as hundreds of bars, restaurants and small retailers warned they were months […]

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Retail Asia07/12/2021

Swiss financial giant UBS is the latest bank to announce reimbursement plans for employees from Hong Kong’s strict 21-day quarantine for travelers. For full-time Hong Kong-based employees up to the executive director level, UBS will reimburse up to HK$2,000 ($256) per day to cover quarantine hotel expenses costs to «reunite with immediate family» outside of […]

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Retail Asia30/11/2021

For AirAsia there has been a welcome recovery in Malaysian domestic demand in the last part of 2021 as internal travel restrictions ease in the group’s most important market. Third-quarter operating statistics made a fairly grim reading for AirAsia. The effects of the COVID-19 delta variant caused the governments in the group’s major Southeast Asian markets to […]

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Retail Asia22/11/2021

Chinese discount goods retailer Miniso has reported strong first-quarter sales and profit growth for the three months to September 30 as its store network continues to expand internationally. Sales surged 28.1 percent to US$411.9 million and adjusted net profit to $28.6 million, 80.3 percent higher year on year and 27 percent quarter on quarter. As […]

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Retail Asia11/11/2021

Footwear maker PouYuen Vietnam, the largest employer in HCMC, faces a shortage of workers after 6 percent quit due to Covid-19 restrictions and resultant problems. The Taiwanese company, a supplier to Adidas and Reebok, has sought the city’s support for finding new workers, according to the HCMC Media Center. Its plant, situated in Binh Tan […]

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Retail Asia04/11/2021

Authorities from Hong Kong and China are reportedly nearing a final decision on travel resumption, despite a fresh outbreak on the mainland. A second meeting is expected soon between Hong Kong and mainland China authorities to make a final decision on travel resumption, according to a report by local media «Sing Tao» citing unnamed sources. […]

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Retail Asia16/09/2021

Major garment company Thanh Cong has reported its first monthly loss this year in August as housing workers at its plants as a precaution against Covid-19 spread increased costs. The company, formally known as Thanh Cong Textile Garment Investment, also saw revenues plummet by 26 percent year-on-year to $10 million, and, together with the ballooning […]

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Retail Asia14/09/2021

Reopening the economy is necessary but any untimely decision amid low vaccination rates and high contagion risks could stymie the country’s efforts to defeat Covid-19, experts warn. “The premature lifting of the lockdown and reopening the economy while the full vaccination rate remains low, new infections and fatality rates are still soaring and the health […]

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Retail Asia30/08/2021

Japan’s retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery, although a coronavirus resurgence has cast doubts over the spending outlook. A surge in Delta variant cases this month forced the government to widen state of emergency restrictions, which are now threatening to hurt consumer […]

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Retail Asia26/08/2021

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The value of Macao’s retail sales for the second quarter of 2021 totaled 20.70 billion patacas (about 2.58 billion U.S. dollars), up 200 percent year on year, the special administrative region’s statistic department said on Tuesday. The latest report from the Statistics and Census Service (DSEC) showed that among the major retail trade activities, sales […]

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Retail Asia20/08/2021

The city-state will reopen its borders to fully vaccinated travelers from certain countries and is removing stay-home requirements for short-term visitors from several countries. Fully vaccinated travelers from Germany and Brunei will be able to come to Singapore without serving a stay-home notice, under a new Vaccinated Travel Lane arrangement announced on Thursday. At the […]

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Retail Asia16/08/2021

The ongoing pandemic has changed the way that people purchase and acquire goods. Soaring demand for eCommerce and increased interest in new ways of collecting purchases, such as curb side pickup and click & collect, mean that Asian retailers are now faced with the challenge of recalibrating their business strategy to serve an increasingly complex […]

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Retail Asia09/08/2021

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Surging prices of essential goods are worsening the difficulties for people who have already been hit by job losses and travel restrictions. The last time Le Quang Hai of Hanoi’s Cau Giay District went to the market, the prices of eggs and most vegetables had doubled. He already could not afford meat. The price increases […]

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