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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 )
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 )

Retail Asia25/01/2019

South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global headquarters in Taiwan in a KRW40 billion ($35.45 million) deal in 2017. […]

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Retail Asia24/01/2019

The Housing and Development Board of Singapore has awarded a parcel of land measuring 2.5ha to Sunway Bhd’s Singaporean unit Sunway Developments Pte Ltd (SDPL) and Hoi Hup Realty Pte Ltd after a successful bid. The land is slated for the SG$434.45 million (RM1.32 billion) Executive Condominium Housing Development. The group told the stock exchange […]

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Retail Asia21/11/2018

Jeju Air, Korea’s biggest budget carrier by sales, said, on Tuesday, that it inked a $4.4 billion deal for 40 new planes, with the delivery set to begin in 2022. Jeju Air has decided to buy Boeing’s new B737 MAX passenger jets to strengthen its fleet, the company said in a statement. The low-cost carrier […]

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Retail Asia12/11/2018

The central banks of Indonesia and Singapore said last week that they had agreed to a bilateral deal for a $10 billion backstop to help maintain monetary and financial stability after a recent bout of turbulence in markets. The pact, which will be in place for one year, comprises a local currency swap agreement of […]

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Retail Asia09/05/2018

The deal has left tax payments unresolved and questions remaining about a potential market monopoly. Tax authorities in Ho Chi Minh City have once again sent a request to Grab in Vietnam asking the company to provide details concerning its recent acquisition of rival Uber’s Southeast Asia business. The reason for the request is due […]

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Retail Asia05/04/2018

SurfStitch creditors have approved a proposal from EziBuy to take over the embattled surfwear company and either relist or sell it in the next three years, bringing the online retailer’s drawn-out administration to a close on Wednesday. Nearly two-thirds of creditors voted in favour of the deed of company arrangement (DOCA) proposed by EziBuy’s parent company, Alceon Group, over […]

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Retail Asia23/05/2017

New Zealand will be trying to win over other members this weekend when TPP ministers get together in Hanoi on the sidelines of an APEC meeting. New Zealand is increasingly optimistic that the 11 remaining countries of the Trans-Pacific Partnership (TPP) will move ahead with the trade deal despite the withdrawal of the United States, […]

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Retail Asia08/03/2017

Bank Indonesia (BI) and the Bank of Korea signed a bilateral currency swap arrangement (BCSA). Through the deal, both central banks will be able to swap currencies for a value of KRW 10.7 trillion or Rp115 trillion. The agreement was signed by BI governor Agus D.W. Martowardojo and Bank of Korea governor Lee Ju-Yeo, March […]

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Retail Asia04/01/2017

Bharti Airtel is reportedly in advanced negotiations to buy out Telenor’s Indian operations through a debt acquisition deal. Airtel is planning to take on debt of around 15 billion rupees ($219.6 million) from Telenor by way of payment for the purchase. Russian telecoms group Telenor is seeking to exit the Indian market through the deal. […]

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Retail Asia22/12/2016

Huawei’s solar business has received a boost with a deal to partner with Filipino renewables generator Citicore Power. The deal, announced in Shenzen on Wednesday and reported in the Filipino press, will see the two companies partner up to deliver solar projects not only in the Philippines, but in other Asian countries including Japan. “This […]

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Retail Asia20/12/2016

Turner and Snap are expanding their partnership by bringing new brands to Snapchat’s Discover platform, extending live coverage of Turner’s premium sports events, and working with several Turner brands to develop Snapchat shows. The deal encompasses content, distribution and advertising centered around Turner’s leading portfolio of networks, programming, events and brands. “This deal marks the […]

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Retail Asia03/12/2016

Nokia has announced it has completed the transactions that will allow HMD Global to become the new brand licensee for Nokia feature phones, smartphones and tablets. HMD Global has secured an exclusive global brand license for a 10-year term. HMD was created by a group of former Nokia employees to revive the Nokia handset brand, […]

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Retail Asia21/10/2016

Ooredoo Maldives has contracted mobile satellite services provider Thuraya to supply fisheries and resorts in the tropical nation with satellite-based voice and broadband connectivity. The operator yesterday launched Thuraya SatSleeve+ and SatSleeve Hotspot devices and accompanying data packages at its retail outlets. In the first phase of the partnership, Ooredoo is offering the devices and […]

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Retail Asia19/10/2016

Ericsson has signed a slate of deals with leading content distributors for its subscription video on demand (SVOD) service Nuvu, acquiring more than 2,500 hours of content from international distributors including Viacom (MTV, BET, Nickelodeon), MGM, CBS, Al Jazeera, DHX Media and Mattel. Titles include globally recognized hit TV franchises such as Hawaii Five-O, Next […]

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Retail Asia22/05/2016

India’s Reliance Jio Infocomm is reportedly on the verge of securing a long-term partnership with Apple covering the supply of VoLTE iPhones for the operator’s upcoming 4G network. Executives from Reliance Jio parent Reliance Industries and Apple recently reached an in-principle agreement at a meeting in Mumbai, citing senior executives aware of the meeting. The […]

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Retail Asia09/02/2016

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The International Finance Corporation, the World Bank Group’s private lending arm has signed for a $25 million loan to be provided to City Mart Holding Company Limited, the largest private retail group in Myanmar, to finance the expansion of the retail business in the country. Currently, CMHL has over 150 retail outlets in the country and plans to […]

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