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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
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 )

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 Asia26/11/2021

Long-haul, low-cost carrier AirAsia X has reported an operating loss of MYR82.5 million ($19.6 million) for the first quarter of its 2022 financial year. The carrier generated revenue of MYR99.3 million for the three months ended 30 September, and a net loss of MYR149 million, it says. The carrier did not provide corresponding figures for […]

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Retail Asia18/11/2021

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Air tickets for the upcoming Tet holiday are in low demand as people are reluctant to make travel plans due to the long quarantine time and a rising number of Covid-19 cases. In previous years, Loan’s family had usually finished booking six Tet (Vietnam’s Lunar New Year) air tickets for the Ho Chi Minh City – Da […]

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Retail Asia16/11/2021

Train ticket demand for the upcoming Lunar New Year Holiday is plunging due to fear of Covid-19 contagion as thousands of new cases nationwide are confirmed each day. Saigon Railway Station in HCMC opened its ticket sales for Tet 2022, the biggest annual holiday which falls in early February, but its nine counters were seen […]

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Retail Asia09/11/2021

Domestic airfares are at their lowest levels in five years as demand remains low. Hoa of the central Quang Nam Province said: “I had to pay only VND370,000 ($16.37) for a flight from Chu Lai (in the central provinces of Quang Nam) to HCMC, a rate I have not seen in the last five years.” […]

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Retail Asia26/08/2021

Vietnamese carriers are confronting major financial challenges as revenues plunge and debt soars. They need urgent government intervention to improve their cash flow, a report says. Since Covid-19 entered the country early last year, airlines revenues have plunged by 80-90 percent, according to a recent report by the Vietnam Aviation Business Association (VABA). National flag […]

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Retail Asia20/08/2021

Philippines AirAsia intends to restart international flights by the first quarter of 2022 after resuming domestic services in the fourth quarter of 2021, says chief executive officer Ricky Isla. He told The Philippine Star newspaper that the airline’s priority is to rebuild its domestic network from Manila Ninoy Aquino Int’l, manage capacity, and control costs. “What […]

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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 Asia19/08/2021

Samsonite International SA said it’s speeding up its shift toward the emerging non-travel segment as the coronavirus pandemic devastates the global luggage business. With expectations that travel won’t return to normal levels for more than a year, the world’s top luggage maker is relying on backpacks, business cases and women’s bags to cushion the blow. The […]

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Retail Asia04/08/2021

Budget carrier Cebu Pacific on Saturday released the schedule of its flight cancellations from August 6 to 20, amid the enhanced community quarantine (ECQ) in Metro Manila. Flight cancellations have been made after the government allowed only essential travel during the two-week strict lockdown period in the National Capital Region. Cebu Pacific earlier released the […]

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Retail Asia28/07/2021

AirAsia Group said its operating statistics for the second quarter of the 2021 financial year were improved during the quarter. All four key operating entities of AirAsia posted year-on-year (YoY) improvements during the quarter, on the back of a low base in the corresponding quarter last year as the group’s fleet were hibernated for the […]

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Retail Asia03/06/2021

National flag carrier Vietnam Airlines has said it will auction 11 Airbus A321 CEO aircraft manufactured in 2004, 2007 and 2008. The sale, which is set to take place this year, is part of its program to replace old-generation aircrafts that have been used for over 12 years. It also aims to increase its cash […]

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Retail Asia03/05/2021

Tourism company Vietravel has already posted a loss of VND72.8 billion ($3.15 million) this year, or 81 percent of the loss it suffered in the whole of last year. Revenues fell nearly 65 percent to VND277 billion as the Covid-19 outbreaks in the first quarter hit travel. Its accumulated losses as of the end of […]

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Retail Asia26/04/2021

Nok Air has said in a stock market filing that it has been granted an additional month to file its final restructuring plan, with the new deadline falling on May 15, 2021. “This extension is needed to collect additional information required in order to prepare a complete and comprehensive rehabilitation plan to ensure that it will […]

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Retail Asia20/04/2021

AirAsia India has announced free rescheduling on all flights for bookings till May 15, 2021. In a statement, the airline said that guests can now make unlimited changes for all bookings and changes made till May 15, irrespective of the travel dates, without incurring any flight change fees. “To ensure that its customers continue to have […]

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Retail Asia13/04/2021

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Syndicated lending in Asia Pacific plunged to the slowest quarter in eight years as the coronavirus pandemic took its toll with several countries imposing lockdowns and grinding a range of business activities to a halt. Loan volumes in Asia Pacific (ex-Japan) dropped 39% to US$68.92bn in the first quarter from US$113.79bn a year ago, while […]

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Retail Asia08/04/2021

Tourism companies see a proposed plan to gradually resume international flights as a necessary first step for their sector to recover from the pandemic-inflicted slump. Nguyen Minh Man, head of marketing at the HCMC-based TST Tourist Co., said that a slow and careful reopening of Vietnam’s borders can form a strong foundation to resume tourism […]

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Retail Asia30/03/2021

AirAsia was under pressure even before Covid-19 plunged aviation into crisis. Auditor Ernst & Young had questioned the ability of the airline and long-haul unit AirAsia X Bhd. to continue as going concerns, based on their 2019 financial reports. At the time, the carrier — a major buyer of Airbus SE’s A320 aircraft — was struggling with excess capacity in […]

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Retail Asia29/01/2021

The outlook for the global aviation industry is improving as more countries begin rolling out mass immunization programs against Covid-19, AirAsia boss Tony Fernandes said Tuesday. As one of Asia’s top budget airlines, AirAsia expects to resume flying to “a large part” of its routes by the end of 2021 but passenger capacity is not expected to […]

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Retail Asia25/01/2021

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When schools are on a break, holiday camps offer the perfect opportunity for kids to gain independence, try new things, make friends, build confidence and, most of all, have fun while learning. But with many different camps on offer, how do you know which one will be the best fit for your child? Is your […]

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