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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 )
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 )

Retail Asia18/07/2019

Security research firm Cybereason reports that over the last seven years, hackers have been able to break into more than 10 cellular networks worldwide to gather information on calls made by at least 20 targeted individuals. The data obtained from this operation included the dates that calls were made, the times they were connected, the […]

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Retail Asia12/07/2019

Hong Kong-headquartered jeweller Tse Sui Luen has reported a 9.6 per cent increase in profit for the full year, despite a marginal 1.7 per cent drop in group turnover. Profit attributable to shareholders was HK$54.2 million (US$6.9 million) on sales of $4.065 billion ($521 million). The Tse Sui Luen store network grew by 56 during […]

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Retail Asia12/07/2019

Tesco Thailand is evaluating opening as many as 750 more convenience stores, which would expand its overall network by about 50 per cent. No timeline was revealed for the move, which is one of several strategic growth options being considered by the British-headquartered grocery retailer. Another is the development of a premium supermarket offer in […]

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Retail Asia27/06/2019

More stores, broader range, fewer brands as fashion icon tries to double sales. Versace will open its largest store yet in China this week, part of a concerted plan by the fashion label’s new owners to expand its footprint globally. Capri Holdings, which also owns Michael Kors and Jimmy Choo, bought Versace from Donatella Versace […]

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Retail Asia21/06/2019

Abu Dhabi-headquartered Lulu Group’s retail arm Tablez is moving to invest US$75 million into the Indian market with the aim of opening more than 150 stores in the territory by the end of next year. The move, if successful, is expected by management to nearly quadruple its market share in India. “We plan to exit […]

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Retail Asia18/06/2019

Luxstay has raised $4.5 million from South Korean retailer GS Shop and venture capitalist Bon Angels in its bridge round. A Luxstay representative said Wednesday that receiving funding from reputable international investors in this round is an important stepping stone for the enterprise to expand to other areas in the future. GS Shop is a […]

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Retail Asia13/06/2019

5G will make its first appearance in the IoT market in late 2020 and struggle for years before it can become a mainstream technology, says a new report from Berg Insight. According to the IoT analyst firm, the first 5G cellular IoT modules will become available for developers this year. While this allows early adopters […]

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Retail Asia10/06/2019

Furniture and homewares retailer BoConcept has opened new stores in three Asian countries in recent months as it continues to expand its footprint in the region. The new stores are in Kyoto, Japan, Zhengzhou, China; and Ho Chi Minh City, Vietnam. BoConcept already has about 300 stores in more than 65 countries and is seeking […]

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Retail Asia04/06/2019

SES Networks announced it worked with PNG DataCo to restore mobile and broadband services in Papua New Guinea following an outage caused by a major 7.2 magnitude earthquake. The earthquake near the town of Bulolo caused damage to critical terrestrial and subsea transmission nodes between Port Moresby and Madang. SES Networks’ contingency teams worked with […]

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Retail Asia03/06/2019

Despite concerns surrounding the commercial proposition of 5G technology, smartphone users are willing to pay an average of a 20% premium for 5G services, according to Ericsson. The company’s latest ConsumerLab report on the 5G consumer potential finds that half of the early adopters would be willing to pay as much as 32% more for […]

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Retail Asia29/05/2019

Increased competition and the rising price of crude oil had a negative impact on convenience and petrol station owner Caltex’s first quarter earnings. The retailer announced that earnings from both its fuels and infrastructure business and its convenience business were down in Q1 on the same period in 2018, which contributed to a net profit […]

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Retail Asia24/05/2019

India’s Vodafone Idea has contracted Ericsson to deploy a cloud packet core to enhance its existing core network. The deployment forms part of the operator’s ongoing network modernization program. It is aimed at enabling speedier introduction of new services and providing full-service continuity over the operator’s network. Under the agreement, Vodafone Idea will deploy Ericsson […]

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Retail Asia21/05/2019

In this week’s news is yet another story about Huawei and security as European telecommunications operator and regulators continue to scrutinize the gear in advance of 5G deployments. This one is historical though. Apparently Vodafone found security flaws in Huawei gear its Italian unit bought back in 2011 and 2012. In the technical sense, this is hardly […]

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Retail Asia14/05/2019

Telenor Myanmar has announced it has nearly reached 100% of the nation’s townships with its LTE network, having rolled out over 6,100 LTE sites nationwide. The company’s LTE network now covers 307 townships, with the company having expanded to seven more townships during the first quarter. “Since the first quarter, the company has deployed 856 additional […]

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Retail Asia14/05/2019

Following the launch of 5G services in Chicago and Minneapolis, US operator Verizon announced 20 new cities where it will turn on its 5G Ultra Wideband network this year. Verizon previously said it will launch 5G services in parts of at least 30 cities in 2019. The new cities include Atlanta, Georgia; Boston, Massachusetts; Charlotte, […]

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Retail Asia08/05/2019

In one fell swoop, Apple cut the Gordian knot of 5G modem supply and it is smooth sailing from here, as it paid Qualcomm undisclosed amount to settle the patent litigation and secure a multi-year contract for 5G iPhones. “It’s personal. I don’t see anybody who can bridge this gap,” tipped the WSJ recently about Apple and […]

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Retail Asia08/05/2019

Support for 5G networks is currently limited to a handful of flagship devices such as the Galaxy S10 5G, LG V50 ThinQ 5G, and Huawei Mate 20 X 5G. This situation is unlikely to change anytime soon, but in order to boost the adoption rate, Qualcomm is apparently developing a 5G-ready chip that’ll make its way into […]

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Retail Asia01/05/2019

The global satellite backhaul market is expected to reach over $32 billion in revenue by 2028, with 5G supporting one third of the overall market, according a new report released from NSR. According to the report, mobile wireless backhaul is the largest opportunity in this space, as satcom becomes a mainstream solution and 5G opens opportunities for […]

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Retail Asia29/04/2019

Telecom Fiji has announced it will deploy the first all-optical 10G PON fiber network in the South Pacific, in partnership with Huawei. The operator plans to use the network to deliver gigabit network services for both households and enterprise customers. Huawei has been contracted for the deployment, which is aimed at enhancing the operator’s customer […]

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Retail Asia26/04/2019

Low-cost carrier Vietjet on Tuesday announced its operation plan for the Hong Kong market and the launch of a new route linking Phú Quốc and Hong Kong, one of Asia’s most well-known destinations. The Phú Quốc – Hong Kong route will operate return flights with a frequency of four flights per week, starting from April […]

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