Tag: law

Retail Asia02/08/2016
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5min0
The photograph below is from a Longines advertising campaign, and features arguably India’s most famous Bollywood star, Aishwarya Rai. Some might consider it elegant, others “hi-so” in certain parts of Southeast Asia. But in Malaysia, religious zealots have fined a non-Muslim watch retailer for displaying a poster in-store featuring this same Aishwarya Rai photo. According to […]

Retail Asia01/06/2016
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4min0
Indonesia has one of the biggest economies in the Asia-Pacific region and its rate of internet adoption is one of the fastest in the world. So naturally, e-commerce in the region is starting to boom. According to Alibaba Group Executive Vice Chairman Joseph Tsai, Indonesia’s per capita GDP is about the same as China’s was in […]

Retail Asia25/04/2016
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2min0
South Korea’s antitrust watchdog has told global furniture giant Ikea Korea to revise its terms regarding refunds for cancelled deliveries. Ikea, which opened its first store in southern Seoul in 2014, is running a delivery service for South Korean customers who are familiar with free packaging and door-to-door delivery. The service costs between 19,000 won […]

Retail Asia21/03/2016
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2min
More than 1,000 endangered but highly valued reef fish sold in Hong Kong last year were imported illegally, a university study shows. It was released yesterday and funded by the University of Hong Kong and the Convention on International Trade in Endangered Species. More than 1,000 humphead wrasse, also known as Napoleon fish, were on […]

Retail Asia15/03/2016
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1min
China has completed a draft version of the country’s first e-commerce law, a lawmaker said on Thursday. The draft will be submitted as early as possible to the Financial and Economic Affairs Committee of the National People’s Congress (NPC) for review, said Uzhitu, vice chairman of the committee. After that, the draft e-commerce law will […]

Retail Asia14/03/2016
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2min0
Eric Mark Levine, the founder of California Fitness clubs worldwide and the Thai chain California Wow Xperience has filed a US$2.8 million defamation lawsuit through his legal representative at Bangkok Criminal Court. Levine has filed suit against Thailand’s Anti-Money Laundering Office (AMLO), as well as its secretary-general Police Colonel Sihanart Prayoonrat, for damaging Levine’s reputation […]

Retail Asia26/09/2015
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4min
Retail investors will enjoy a boost in protection with new rules for investments linked to gold and other physical assets. The enhancements also allows flexibility for accredited investors (AIs) to decide on the level of regulatory protection they want to be entitled to. The enhancements to its regulatory framework for safeguarding investors’ interests were announced […]


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