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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 Asia20/12/2018

The HMV Hong Kong business has collapsed, with the chain’s owner appointing liquidators. In a statement, HMV Digital China Group chairman Stephen Shiu Jnr said the company was “unable to escape from the crushing force of the wheel of history” as live-streaming services like Spotify and Netflix made CDs and DVDs redundant. The company is […]

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Retail Asia19/12/2018

Popular boy band BTS’s annual economic value is estimated at over 4 trillion won ($3.5 billion), making it more lucrative than a medium-sized company. The group’s annual production inducement effect, which refers to the value generated in related industries, is estimated at around 4.1 trillion won, according to a report by Hyundai Research Institute (HRI) released […]

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Retail Asia19/12/2018

The site where a Legoland will be built in Chuncheon, Gangwon, on Friday. The development of the Legoland, about the same size as the Legoland in Johor Bahru, Malaysia, has been approved by the Gangwon government. British amusement park developer Merlin is in charge.

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Retail Asia17/12/2018

Gadget, movie and music retailer HMV may face eviction from several of its Hong Kong store locations in coming weeks as landlords seek to recover unpaid rents and charges. Separate lawsuits have been filed relating to HMV stores in Causeway Bay, Central and Kowloon Bay, collectively seeking more than HK$5 million (US$640,000), according to court […]

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Retail Asia17/12/2018

Southeast Asian musical instruments retailer Swee Lee Music has opened a refurbished flagship in Malaysia. The 4995sqft location in Lot 10 Mall is Swee Lee’s 15th store in the region, and one of three in Malaysia. Beyond its range of instruments, the store sells vinyl records and curated lifestyle products, and has partnered with second-hand […]

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Retail Asia13/12/2018

The first certified Lego Thailand store has opened at Siam Paragon in Bangkok. The Danish building-toy manufacturer says the move is part of the brand’s strategic plan for Asian expansion. The new 170sqm Lego Thailand store has opened in a “co-sharing” partnership with DKSH (Thailand) Ltd. It offers more than 300 Lego toys, 32 of which are exclusive […]

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Retail Asia10/12/2018

Shopping mall Marina Square has been chosen as the venue for the world’s first Nerf family entertainment centre. The Nerf Experience Singapore will open in the second half of next year, following a licensing agreement between Kingsmen Creatives subsidiary Nax Singapore and the Nerf brand’s parent Hasbro who will co-conceptualise, create, build and operate multiple […]

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Retail Asia07/12/2018

JOOX, Asia’s most popular music streaming app, won the “User’s Choice App” in Hong Kong and Thailand and is named as one of the “Most Entertaining” apps in Hong Kong at the Google Play User’s Choice Awards 2018. The fan-voted accolades not only prove the quality and variety of the entertainment and music content that […]

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Retail Asia07/12/2018

Musical instrument sales are booming as Queen mania continues to sweep the country. Sales of instruments used by rock bands – like drums and guitars – have skyrocketed following the release of Freddie Mercury-biopic “Bohemian Rhapsody,” according to online shopping site Gmarket on Wednesday. The increase was most pronounced among customers in their 40s and 50s […]

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Retail Asia07/12/2018

M&Ms World Shanghai reopened yesterday in Shanghai Shimao International Plaza. The newly remodeled 1600sqm interactive store, which offers an immersive, personalised experience with the M&M brand to residents and tourists, remains the only one based in Asia. The store is part of the global M&Ms retail business, which includes My M&Ms’ e-commerce sites and a […]

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Retail Asia05/12/2018

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Chinese-owned, British headquartered toy store chain Hamleys has entered the Japanese retail market, opening two theme-park styled outlets. Hamleys Japan is targeting 4 million visitors to each store within the first year, with a view to opening 30 stores in the territory over the next five years. The new stores have opened in Yokohama (at […]

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Retail Asia30/11/2018

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Sony has opened its first Play Everything Lounge by PlayStation in Southeast Asia at Sunway Pyramid. The lounge, operated by Sony Interactive Entertainment’s local office, will be open until February 17. Sunway Malls and Theme Parks CEO HC Chan said he was honoured the mall has remained a mall-of-choice for experiences. “The partnership with Sony […]

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Retail Asia28/11/2018

Genting Malaysia Bhd’s share price fell as much as 18.6% today on news that it is suing Twenty-First Century Fox Inc and The Walt Disney Co for more than US$1 billion (RM4.19 billion) for terminating their contract to develop a Fox-branded theme park at Resorts World Genting in Malaysia. The Fox theme park is a […]

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Retail Asia27/11/2018

The Walt Disney Company has announced the appointment of Mahesh Samat, Executive Vice President, Disney Consumer Products Commercialization for the Asia Pacific region. Reporting into Ken Potrock, President, Disney Consumer Products Commercialization, he takes on responsibility for the commercialization of Disney franchises across merchandise, publishing and licensed games throughout India, Southeast Asia, Greater China, Korea, Japan, Australia and […]

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Retail Asia26/11/2018

A Vingroup-invested firm has been allowed to include a casino in a hotel-amusement complex on Vietnam’s largest island Phu Quoc. The People’s Committee of Kien Giang Province announced that the Prime Minister has approved in principle the casino’s inclusion in a hotel-amusement being built on the southern province’s island. With the casino business, total investment […]

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Retail Asia20/11/2018

Netflix content will be available on LG U+ internet protocol TVs (IPTV) today. Under an exclusive IPTV deal inked with LG U+, Netflix content, including Netflix Originals, will be aired through LG’s platform, the carrier said Wednesday. LG subscribers won’t have to replace their existing set-top boxes as they will be automatically upgraded, though services […]

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Retail Asia20/11/2018

A $500 million complex including horse racing in Soc Son District is off the shelf after 10 years. Hanoi authorities have approved the addition of the long-delayed Soc Son multi-purpose entertainment complex and horse racecourse project to the city’s master plan on socio-economic development to 2020 with orientation until 2030. The total investment for this […]

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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 […]

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Retail Asia19/11/2018

Fung Retailing has finally secured a deal to continue to operate the profitable Toys R Us Asia business. The privately owned Hong Kong business, which is separate to the listed Li & Fung, will boost its stake in Toys R Us Asia from 15 per cent to about 21 per cent, making it the retailer’s […]

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Retail Asia16/11/2018

Hyundai Motor, Korea’s largest carmaker by sales, said Thursday it has invested in a U.S. unmanned aerial vehicle (UAV) company to jointly develop new products. In the investment, Hyundai Motor and Top Flight Technologies will jointly seek business opportunities in the global high-end aerial drone market, the company said in a statement. “In addition to […]

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