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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 )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )

Retail Asia22/08/2022

China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country. The permits, awarded by the southwestern municipality of Chongqing and the central city of Wuhan, allow commercial robotaxis to offer rides […]

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Retail Asia18/02/2022

Samsung has received permission to invest an additional $920 million in its electronic components plant in the northern province of Thai Nguyen. The license, awarded to the South Korean’s electronics giant’s Samsung Electro-Mechanics unit, will increase its total registered investment in the province by 68 percent to $2.27 billion. Samsung, Vietnam’s biggest foreign direct investor, […]

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Retail Asia05/01/2022

After announcing plans to expand in Switzerland, the trading crypto exchange has now found someone to lead its Swiss business. Seychelles-based Bitmex is appointing Ivo Sauter as chief executive of Bitmex Link Switzerland, according to his Linkedin profile. Sauter joins the crypto trading exchange from Gazprombank where he worked as a chief digital, transformation, and strategy officer. […]

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Retail Asia02/12/2021

The crypto payments firm is the fourth to receive a digital payments token (DPT) license in the city-state. The Monetary Authority of Singapore (MAS) has awarded a DPT license to TripleA, allowing the company to provide end-to-end cryptocurrency payment services, according to an announcement this week. Founded in 2017 by mobile and payments entrepreneur Eric Barbier, TripleA currently […]

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Retail Asia09/07/2021

Huawei announced it has reached a license agreement with a supplier of Volkswagen Group. The agreement includes a license under Huawei’s 4G standard-essential patents (SEPs), which covers Volkswagen vehicles equipped with wireless connectivity. This agreement marks Huawei’s largest licensing deal in the automotive industry. Song Liuping, Chief Legal Officer of Huawei, says: “As an innovative […]

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Retail Asia05/07/2021

A crowded field of contenders are vying for the five licenses on offer by Bank Negara Malaysia. The race for digital banking licenses digital banking license is heating up, with more than a dozen applications involving over 50 companies submitted before the closing date on Wednesday. With the exception of a few players, most of the digital […]

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Retail Asia18/03/2021

The platform, which caters to the financing needs of micro, small, and medium enterprises (MSMEs) in the country, experienced strong growth in 2020. Batumbu, a subsidiary of Singapore-based Validus, has received regulatory approval to operate as a licensed digital financing platform in Indonesia, it announced in a statement. With the license, the startup will ramp […]

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Retail Asia14/10/2020

Home-grown MyNews Holdings Bhd, which already operates some 570 stores, is bringing a South Korean convenient store brand to the Malaysian market. At its headquarters in Kota Damansara, the convenience store operator announced that its wholly-owned subsidiary MYCU Retail Sdn Bhd had signed a licensing agreement with BGF Retail Co Ltd, which runs the CU line […]

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Retail Asia01/09/2020

The Planning and Investment Ministry has suggested that the PM delays his approval to new carrier KiteAir’s investment proposal over Covid-19 impacts. The establishment of the new airline would add to the business woes wreaked on the local aviation industry by the pandemic, the ministry said in a document recently sent to Prime Minister Nguyen […]

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Retail Asia11/08/2020

A joint-venture by India’s Adani Gas and France’s Total will soon seek government permission to open retail fuel stations in India, Adani’s chief executive said on Wednesday. India has become a lucrative market for global oil majors after the government removed controls on the retail pricing of gasoline and gasoil and relaxed rules for setting […]

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Retail Asia13/03/2020

Standard Chartered has released details of its virtual bank in Hong Kong, set to be launched later this year in partnership with PCCW, Hong Kong Telecom (HKT) and Trip.com. The Mox virtual bank will offer customers a suite of retail banking services, as well as travel, entertainment and mobile products from one platform. According to […]

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Retail Asia06/01/2020

Several Chinese fintech firms have submitted a bid to the Monetary Authority of Singapore to operate a digital bank in the city-state. By the application deadline on Tuesday, Chinese firms that submitted bids for a digital banking license in Singapore included Bytedance, which operates viral video sharing application TikTok, Yillion Group and Hande Group, which applied […]

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Retail Asia03/01/2020

Several Chinese fintech firms have submitted a bid to the Monetary Authority of Singapore to operate a digital bank in the city-state. By the application deadline on Tuesday, Chinese firms that submitted bids for a digital banking license in Singapore included Bytedance, which operates viral video sharing application TikTok, Yillion Group and Hande Group, which applied […]

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Retail Asia02/01/2020

A consortium led by Razer is the latest to join the race for one of Singapore’s five digital banking licenses. The consortium includes the Singapore supermarket giant owners’ – the Lim brothers – private vehicle Sheng Siong Holdings; Richard Li’s insurance firm FWD Group; internet entrepreneur Chen Danian’s tech company LinkSure Global; Insignia Ventures Partners; and […]

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Retail Asia27/12/2019

Hong Kong’s banking history enters a new chapter with the launch of its first virtual lender, ZA Bank. ZA Bank, co-owned by ZhongAn Online P&C Insurance and Sinolink Group, launched yesterday to become the first virtual bank to kickstart services in Hong Kong. According to its chief executive Rockson Hsu, the name «ZA» represents a reversal […]

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Retail Asia23/12/2019

Uber submitted an appeal on Friday against a decision by London’s transport regulator to strip the taxi app of its right to operate in one its most important markets, setting up a potentially lengthy legal process during which it can continue to take rides. Last month, Transport for London (TfL) refused to grant the Silicon […]

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Retail Asia27/11/2019

Jack Ma’s Ant Financial Services may apply for a virtual banking license in Singapore, potentially making a splash in the regional banking landscape. Ant Financial Services is the latest contender to enter the race for a digital banking license. Up to two licenses are on offer for full digital banks, while another three are on […]

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Retail Asia26/11/2019

Trump has placed Huawei on the Commerce Department’s “entity list” for national security reasons. Huawei has repeatedly stated that the US claims are not based on any proven evidence. Entities on the list are prohibited from purchasing American software and components without being granted a U.S. government license. Trump has promised in June to provide […]

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Retail Asia11/09/2019

Maybank Singapore is considering to apply for one of the five digital banking licenses to be unveiled in Singapore. The final decision depends on having a value proposition. Maybank Singapore is in talks with its head office in Malaysia on the matter, and the bank’s decision lies in coming up with a new value proposition, […]

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Retail Asia15/07/2019

Grab, Southeast Asia’s most valuable start-up, is exploring a move into Singapore banking as regulators in the Southeast Asian city-state consider allowing online-only banks, four people with knowledge of the process said. Grab is close to hiring a consultancy to advise it on its banking potential and is gearing up to apply for a digital-only […]

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