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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 Asia29/03/2022

Chinese automaker Great Wall Motor has signed an agreement with Thailand’s government to slash retail prices of its electric vehicles, an executive said on Tuesday, a move aimed at boosting domestic EV sales and production. The agreement, which involves a government subsidy and reduction in value-added tax, could save customers up to 160,000 baht ($4,779) […]

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Retail Asia22/03/2022

The Malaysian government is sticking to its plan of deploying 5G through a single wholesale network (SWN). In a joint statement from the ministries of finance and communications and multimedia, up to 70% equity in the wholly state-owned 5G company, Digital Nasional Berhad (DNB), will be available to telcos. Malaysian finance minister Tengku Zafrul Aziz […]

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Retail Asia31/12/2021

Earlier this month we told you that Apple and the Chinese government signed a secret deal valued at $275 billion. Apple reportedly made the payment to prevent the Communist Chinese government from taking regulatory actions against the company. And as we noted in our story about the payment, Apple is now receiving favored treatment in the […]

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Retail Asia17/08/2021

The government has instructed the Ministry of Finance to assess the impact of a 50-percent cut in registration fees for locally produced automobiles. Thanh Cong Motor Vietnam Joint Stock Company had called on the government to cut the fee to support an industry affected by Covid-19. The ministry has been told to complete the task […]

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Retail Asia20/01/2021

The State Capital Investment Corporation said it is in discussions with Vietnam Airlines to invest VND8 trillion ($345.49 million) in the carrier through a rights issue. It follows a government resolution to resolve the difficulties faced by the airline due to the impact of the Covid-19 pandemic, Nguyen Chi Thanh, general director of the sovereign […]

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Retail Asia15/02/2019

The Korea International Trade Association (KITA) said Tuesday it has set up an office in Dubai to help local start-ups advance into the Middle Eastern market. Under an agreement with Dubai Future Foundation, the Korea Office will be set up at Emirates Towers in one of the key cities of the United Arab Emirates (UAE). […]

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Retail Asia28/01/2019

There is trouble in paradise. The Government’s drastic intervention in e-commerce at the behest of vested domestic interests and the powerful traders lobby has created consternation in the bulge bracket world of e-commerce in India. With the big players having reached out to the Government to give them breathing space on the new compliance measures […]

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Retail Asia18/01/2019

The government is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Go-Jek receive, two officials said this week, creating potential obstacles for the companies’ expansion. The regulations would meet drivers’ demands for more oversight and higher rates but there are concerns that the rising costs to the companies could […]

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Retail Asia10/01/2019

Rising interest rates, Malaysia’s slowing gross domestic product growth and unfavourable government policies will limit share price upside for Malaysian property development companies, said CGS-CIMB.Although it expects the property companies in its coverage universe to post positive earnings growth this year, CGS-CIMB said share price upside will be limited and the sector is unlikely to […]

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Retail Asia04/01/2019

The Vietnamese government wants cashless transactions made viable for all household bill payments by the end of this year. A recent government resolution on changing the business environment to improve competitiveness and labor productivity contains a push to accelerate use of cashless transactions. Provincial and municipal leaders have accordingly been tasked with instructing all schools […]

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Retail Asia02/01/2019

Large supermarkets are banned from giving or selling plastic shopping bags to customers. The Ministry of Environment announced Monday that it will completely prohibit grocery franchises and supermarkets over 165 square meters (1,776 square feet) from selling or giving away single-use plastic bags from New Year’s Day. While it discouraged stores from providing plastic bags before, the […]

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Retail Asia07/12/2018

SigveBrekke, President and CEO of Telenor Group, along with IrfanWahab Khan, CEO of Telenor Pakistan and Petter-Børre Furberg, Executive Vice President Telenor Group met the Honorable Prime Minister of Islamic Republic of Pakistan Imran Khan to discuss the growing and evolving digital ecosystem in the country and Telenor Group’s longstanding commitment to the country. During […]

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Retail Asia17/10/2018

The Australian government has opened applications for the fourth round of the national Mobile Black Spot program, designed to improve mobile coverage in regional and remote Australia. Mobile network and infrastructure providers have been given until December 10 to submit their applications for taking part in the program to install mobile base stations at designated locations. Construction […]

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Retail Asia21/11/2016

Thailand is the world’s second largest rice exporter, and it is confronted by a fall in prices that has mostly affected the rice farmers, with prices hitting a thirteen months low. Now the Thai Government has taken action and has proposed a set of measures with would help alleviate the pressure from the country’s rice […]

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Retail Asia12/11/2016

The government plans to take firm action against illegal imports of textile and textile products as these have been hindering business and impacting ind ustrial growth in the manufacturing sector. “We will take firm action against importers who have so far misused facilities to avoid official levies by the government,” Finance Minister Sri Mulyani said […]

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Retail Asia02/06/2016

In 2013, Marine Gold Products, one of the largest shrimp exporters in Thailand, lost big money on meeting its export commitments. As early mortality syndrome (EMS) caused Thai production to dive, raw material prices rocketed. EMS caused production to dive under 200,000 metric tons, compared to the peak of over 600,000t. This left packers fighting […]

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Retail Asia25/05/2016

Singapore’s soon-to-be-formed Government Technology Agency (GovTech) will continue to partner the ICT industry and invest in technologies such as data analytics, ICT infrastructure, and platform-as-a-service to develop citizen-centric services. GovTech, which will be established at the end of this year, will replace the Infocomm Development Agency of Singapore (IDA) and aim to lead technological transformation […]

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Retail Asia24/11/2015

China will promote the development of the retail, health, travel and sports sectors in a bid to boost domestic consumption, the cabinet said on Sunday. In a statement on its website, the State Council said it will encourage financial institutions to accept a broader range of collateral for extending loans to “lifestyle-related businesses”. Other sectors […]

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Retail Asia07/08/2015

The Thai government has expressed its gratitude toward store owners for keeping prices of every item at an affordable level until November this year. Deputy Spokesperson to the Prime Minister’s Office, Major General Sansern Keawkamnerd has revealed that the Ministry of Commerce has received cooperation from 205 retail stores across Thailand in not raising the […]

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Retail Asia07/05/2015

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China’s government says it will cut tariffs on consumer goods in a bid to get local Chinese to spend more in the mainland. The move may well prove an additional blow to Hong Kong’s retail sector already reeling from reduced spending by mainland visitors. Reports from China’s mainland say tariffs on imported consumer goods will […]

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