Tag: Market

Retail Asia21/05/2021
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7min0
In today’s data-driven world, more organizations are investing in big data analytics to improve business performance and build business resiliency as the world experiences unprecedented digitalization. According to IDC, big data and analytics (BDA) spending in the Asia-Pacific region, has been on the rise. In 2020, revenue for BDA solutions reached US$22.6 billion, representing a […]

Retail Asia05/05/2021
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1min0
Vietnam is the largest gold market in Southeast Asia and among the top 10 markets in the world, a recent study has found. Last year consumer demand in Vietnam was 39.8 tons, higher than Indonesia’s 37.6 tons and Singapore’s 9.4 tons, according to the World Gold Council (WGC). Gold is the top asset class for […]

Retail Asia18/03/2021
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6min0
Economic stability, positive investor sentiment, strong demand, and a diverse range of products are keeping the property market robust. The assumption that Covid-19 would cause the market to slump has proven baseless, and market research aftermarket research shows property prices increasing across the board. Vietnam’s bright economic prospects and strategies adopted by many major property […]

Retail Asia09/06/2020
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2min0
Online shopping in Singapore has surged since the outbreak of the coronavirus pandemic. Research from data and analytics firm GlobalData suggests the effect on the country’s e-commerce market will be long-lasting, estimated to reach US$9.5 billion this year. Previously, e-commerce grew at a compound annual growth rate of 15.4 percent between 2015 and 2019 to […]

Retail Asia03/06/2020
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2min0
JK Tyre & Industries Ltd. today announced the commencement of operations in the United States. JK Tyre has set up a new entity – Western Tires INC – based at Houston, Texas, thereby, embarking upon an aggressive plan to take the Global business to the next level. The company, headquartered in India, has been exporting […]

Retail Asia06/03/2020
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5min0
Unmanned checkout kiosks, mobile-scanned product details, fast-running fulfillment conveyor belts – these are just some of the features engaging customers at Freshippo, the New Retail-powered supermarket by Alibaba. Since launching in 2016, the chain has brought grocery shopping into the digital era and has soared in popularity with Chinese consumers thanks to its mobile-first shopping […]

Retail Asia06/03/2020
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3min0
Southeast Asian smartphone sales rose last year, bucking the global trend, according to new data from market research house GFK. Sales in the region rose by 1 percent last year to US$23 billion, amidst a 2-per-cent decline internationally, as global consumers tended to hold onto their phones longer. Around 97 million devices were purchased in […]

Retail Asia07/02/2020
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1min0
Bangkok’s world-famous Chatuchak Market has launched a satellite site in Singapore. A 40,000sqft pop-up market located at The Grandstand on Turf Club Road, it marks the first time Chatuchak has been convened outside of Thailand. The market opened this week and will remain trading until May 3. More than 400 vendors are trading at the […]

Retail Asia31/12/2019
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4min0
Global stock markets closing for Christmas break on Wednesday could reduce selling pressure from foreign investors and help the VN-Index recover, analysts say. With foreign investors have been net sellers for the majority of sessions in December, the Christmas break could ease selling pressure and help the VN-Index reach 958-961 points in the first few […]

Retail Asia13/12/2019
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1min0
The world-famous Bangkok Chatuchak Market is set to open in Singapore, drawing an expected 600 Thai vendors. A 40,000sqft pop-up market will be open from February 4 to May 3 at The Grandstand on Turf Club Road. Between 30 and 50 Thai vendors will participate at the market each week on a rotational basis alongside […]

Retail Asia15/11/2019
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5min0
Used car marketplace Carro is eyeing a wholesale digital banking license in Singapore to expand its business. A car marketplace operator may not seem like a natural fit to apply for a digital banking license but it certainly does for Carro’s profitable subsidiary, Genie Financial Services. The license can beef up its underwriting capabilities for […]

Retail Asia25/10/2019
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3min0
Vietnam’s motorbike sales fell the third straight quarter by 3.8 percent to 831,500 units in Q3. Sales for the top five brands, which account for around 95 percent of the market, had fallen 6.13 percent in the first quarter and 4.39 percent in the second, according to the Vietnam Association of Motorcycle Manufacturers (VAMM). Honda […]

Retail Asia02/09/2019
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2min0
Lombard Odier is bullish about its onshore partnership strategy in Thailand, claiming that 80 percent of high net worth wealth remains onshore with local banks. The bank is bullish on Thailand’s wealth market, citing industry projections of 10-30 percent annual growth of high net worth individuals, depending on segmentation. Interestingly, the billionaire segment is expected […]

Retail Asia02/09/2019
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4min0
Amidst all the gloom in the automobile sector, Hyundai Motor India has found some cheer. The country’s second-largest car manufacturer has been able to increase its market share in July to 19.4 percent. This is the largest share of India’s car market that Hyundai has ever been able to command. That it comes at a […]


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