operations

Retail Asia17/05/2022

Singtel has unveiled iSHIP, an all-in-one platform providing critical satellite-enabled connectivity and digital services for the maritime industry. iSHIP’s integrated services for crew and fleet management allows ship managers and owners greater flexibility and visibility of their resources and operations, enabling better well-being of the crew, vessel safety, and operational efficiency. Presently, nearly 90% of […]

Retail Asia29/03/2022

E-commerce and gaming firm Sea said on Monday it is withdrawing from India’s retail market just months after starting operations there, the second pullback this month in an overseas expansion drive, as the loss-making firm faces a weak growth outlook. The withdrawal, effective beginning March 29, comes weeks after its e-commerce arm Shopee said it […]

Retail Asia29/04/2019

Tesco Asia like-for-like sales fell 6.2 per cent last year, but the decline eased to 3 per cent in the fourth quarter as restructuring of the Thai business took effect. UK-headquartered grocery retailer Tesco Group included the results of its Tesco Asia operations in its annual results filing released yesterday. Tesco Asia’s operating profit for […]

Retail Asia08/03/2019

Higher revenues have motivated almost 70 percent of Japanese firms in Vietnam to consider expanding their business here. Higher revenue was cited as the reason for expansion plans by 65 percent of Japanese businesses. Another 43 percent saw greater potential and high growth as encouraging factors. The majority of respondents also said that Vietnam has […]

Retail Asia15/01/2019

South Korean conglomerate Samsung is committed to a long-term presence in Vietnam as a major base for its global operations. Won Hwan Shim, vice president of Samsung Electronics, reiterated the group’s commitment to Vietnam in a Friday meeting with Vietnam’s Prime Minister Nguyen Xuan Phuc. Shim said that Samsung’s plants in Vietnam had the most impressive […]

Retail Asia10/03/2016

HSBC Holdings efforts to scale up its retail and wealth management business in China got a major boost with the U.K.-based company receiving permission to start a credit card business in China’s $1 trillion market. The approval from the Chinese authorities came after Peter Wong, Asia-Pacific Chief Executive Officer at HSBC, announced in a weekend interview […]

Retail Asia08/03/2016

After pursuing “every possible option,” global auto giant Ford Motor Co. has said decided to close down all operations in Japan and Indonesia by the end of this year. “It has become clear that there is no path to sustained profitability, nor will there be an acceptable return over time from our investments in Japan […]

Retail Asia05/11/2015

The woes besetting British lender Standard Chartered over the past three years have left their mark on Singapore. As one of the bank’s regional hubs with operations spanning commercial, retail and private banking and wealth management, Singapore has had to bear some job cuts and the restructuring of some business units. Nonetheless, a strategy update […]

Tag: operations

Singtel Launches iSHIP to Provide Industry’s First All-in-One Maritime Service

Shopee to shut down India operations

Tesco Asia sales fall after restructuring

Most Japanese firms want to expand Vietnam operations

Samsung in strategically key Vietnam for the long haul

HSBC Gets Approval for Credit Card Operations in China

Ford to Shutter Operations in Japan, Indonesia

Singapore operations still play key role in StanChart’s future