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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 Asia11/05/2021

Moncler announces the opening of its new boutique entirely dedicated to the Moncler Enfant collection in Ocean Terminal, further strengthening its brand presence in the luxury shopping mall through the already existing flagship store opened in 2017. The store spans over 140 square meters, of which nearly 100 square meters dedicated to sales. The store […]

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Retail Asia05/05/2021

The arrangement for quarantine-free travel between the two cities was due to begin on May 26, following two previous postponements. Singapore is reassessing plans for a travel bubble with Hong Kong after the city-state moved to reintroduce tighter social distancing measures amid a growing cluster of Covid-19 cases tied to a large public hospital. The […]

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Retail Asia05/05/2021

The local consumer retail demand is projected to get worse in the new year, most especially those that are riding on the tourism sector, which is also expected to be sourer at the same time. In a survey by the Hong Kong Retail Management Association (HKRMA), 97% of the respondents have posted losses starting mid-2019. […]

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Retail Asia03/05/2021

HSBC’s asset management arm appoints a new head of credit research in Asia amid an ongoing expansion across its product range and distribution capabilities in the region. HSBC Asset Management appoints Seok Poh Yeoh as head of credit research for Asia, according to a statement, effective immediately. In her Hong Kong-based role, Yeoh reports locally to head […]

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Retail Asia30/04/2021

Single-family office clients across Asia will be able to tap on HSBC’s team of investment banking specialists and institutional execution services. HSBC said that combining the family office and wealth planning strengths of its private banking business with the expertise and reach of its global banking and markets business will allow it to better serve […]

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Retail Asia27/04/2021

OCBC appoints new chief for its Hong Kong unit, succeeding longstanding veteran Na Wu Beng. Ivy Au-yeung has been appointed chief executive of OCBC Wing Hang – the Singapore lender’s Hong Kong unit – according to a report, effective as of May 20, reporting to group CEO Helen Wong. Na will step down from the role […]

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Retail Asia26/04/2021

An agreement between Huawei and HSBC in Hong Kong has led Canadian courts to delay chief financial officer Meng Wanzhou’s extradition hearing. Huawei CFO Meng Wanzhou was handed a three-month delay for her U.S. extradition hearing, according to a court ruling, which was scheduled to conclude in May. Defense attorney Richard Peck had requested «a modest frame of time» to […]

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Retail Asia23/04/2021

Two-thirds of retail strips in Asia Pacific saw rental declines in 2020, with Causeway Bay in Hong Kong experiencing the steepest decline at 43%, according to Cushman & Wakefield’s latest Asia Pacific Main Streets Report. Causeway Bay had been #1 across the globe in retail rental value in the last 2 years. Yet, its position […]

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Retail Asia23/04/2021

Adidas is exiting Hong Kong’s Central prime business district. The German sportswear giant signed a HK$4.34 million a month, or HK$52.1 million a year, lease for the 13,000 sq ft shop at 36 Queen’s Road in 2015. Removal staff were seen dismantling shelves and putting away stock on Wednesday. “After a thorough review we have […]

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Retail Asia22/04/2021

Citi has expanded the role of its regional head of corporate finance with greater responsibilities for the Hong Kong investment banking business. Alex Schrantz has been named head of banking, capital markets and advisory (BCMA) for Hong Kong, according to a statement, effective immediately. Schrantz reports to APAC head of BCMA Jan Metzger alongside Hong Kong and Macau […]

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Retail Asia20/04/2021

Standard Chartered plans to hire about 400 staff in Hong Kong this year as part of the ongoing expansion of its retail baking and wealth management business. The Asia-focused lender’s hiring plans are part of its strategy to tap demand from affluent customers for wealth planning, according to a report citing Hong Kong head of […]

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Retail Asia19/04/2021

Citi unveiled its hiring plans for its wealth management business in Hong Kong – one of the few remaining markets the bank will place its renewed focus on after announcing a series of planned exits. Citi will look to hire up to 500 people in its Hong Kong wealth unit, according to a statement. The […]

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Retail Asia16/04/2021

HSBC will relocate some of its top executives from London to Hong Kong as the British lender places increasingly greater emphasis on the region. Global banking and markets co-head Greg Guyett, wealth and personal banking chief executive Nuno Matos, and global commercial banking chief executive Barry O’Byrne will relocate to Hong Kong in the second half of the year, according […]

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Retail Asia13/04/2021

Hong Kong authorities have seized nearly 9000 Thai cleaning products suspected to have wrong labeling from a shop founded by a pro-democracy activist facing charges under the city’s contentious national security law. Customs officers on Thursday raided 25 shops belonging to the chain, AbouThai, and arrested a 33-year-old male director of the group, the government […]

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Retail Asia12/04/2021

Food and grocery delivery service Foodpanda has launched a Covid-19 vaccination awareness campaign across Asia in the lead-up to WHO’s World Immunisation Week. The campaign, which aims to reach more than 10 million people across Asia, will include a series of content across digital and social media channels, providing information and resources on local vaccination […]

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Retail Asia09/04/2021

Tech-enabled coffee chain Flash Coffee has raised US$15 million in its Series A funding led by White Star Capital, aiming to launch 300 stores this year. The Series A round sets the total capital raised by Flash Coffee to US$20 million. Investors include Delivery Hero-backed DX Ventures, Global Founders Capital, and Conny & Co. The […]

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Retail Asia06/04/2021

Louis Vuitton has transformed Pedder Building into its own private salon, replete with their celebrated Objets Nomades collection. The occasion also marks the international launch of the brand’s latest Objet Nomade — Lanterns, intricately weaved lamps that are designed by design duo Zanellato/ Bortotto. The grand showcase is a labor of love by local scenographer and […]

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Retail Asia01/04/2021

Louis Vuitton’s Objets Nomades collection – a collection of travel-inspired furniture and objects made in collaboration with internationally renowned designers – first launched in 2012. Now, the Maison’s collaborative design showcase has landed in Hong Kong to exhibit the pieces created in partnership with celebrated designers around the world. The showcase will exhibit at Pedder Building, a historical landmark […]

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Retail Asia24/03/2021

Pre-loved designer brand, HULA will be opening its first boutique on Hollywood Road this Friday. The location will feature a curated selection of over 500 unique designer womenswear pieces. There is also a dedicated Chanel rail for fans of the iconic brand. The boutique is open daily and offers a range of new and vintage […]

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Retail Asia24/03/2021

In response to the business community’s call for looser quarantine measures and a roadmap for reopening, the Hong Kong government remained insistent that the current status quo will remain until local vaccination rates rise significantly. The Hong Kong government met virtually with representatives of the business community last week, according to a report citing unnamed sources, […]

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