Tag: project

Retail Asia28/11/2022
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3min0
Binance invites participants to support the crypto industry via a rescue initiative, to which it will initially commit $1 billion. Binance has established the Industry Recovery Initiative (IRI), which includes its own initial commitment of $1 billion, according to a blog post by the crypto giant. The IRI is not an investment fund, Binance said, adding that […]

Retail Asia21/05/2019
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1min0
China Unicom and Ericsson have signed an agreement to accelerate the development of commercial 5G technology. The agreement signed at China Unicom’s 5G Innovation and Cooperation Conference in Shenzhen involves further co-operation on a 5G test network. The companies have already completed innovative 5G projects, such as the live 4K HD broadcast of a marathon; […]

Retail Asia14/05/2019
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4min0
Japan’s SoftBank has announced that its joint venture HAPSMobile will invest $125 million in Google’s Project Loon to advance the use of high-altitude vehicles to carry mobile base stations. HAPSMobile, the joint venture between SoftBank and US-based unmanned aerial vehicle systems company AeroVironment, was established in 2017 to conduct network equipment research and development for the high-altitude platform station […]

Retail Asia03/05/2019
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2min0
DBS Group has signed a cooperation agreement with China Export & Credit Insurance Corporation, adding to the list of banks that are partnering Sinosure for projects under the Belt Road Initiative. DBS Group Holdings on Monday announced that it has partnered with Sinosure, the only state-funded Export Credit Agency conducting export credit insurance business in the People’s Republic […]

Retail Asia05/02/2019
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5min0
Fosun bets on integrated resorts to address the needs of Chinese travelers, who are showing interest in these types of experiences. Fresh from its Hong Kong initial public offering last month, Fosun Tourism Group is making good on its intention to use the proceeds to develop two new integrated resorts in China, announcing properties under […]

Retail Asia30/01/2019
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1min0
Chinese mall operator Bailian is merging two disused department stores on Shanghai’s Huaihai Road in partnership with urban renewal firm URF to create Theatre X. The two malls on the city’s prime retail street were formerly trendy shopping destinations. Huating Isetan on 527 Huaihai Road M was the first Japanese Isetan outlet in China, while […]

Retail Asia24/01/2019
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1min0
The Housing and Development Board of Singapore has awarded a parcel of land measuring 2.5ha to Sunway Bhd’s Singaporean unit Sunway Developments Pte Ltd (SDPL) and Hoi Hup Realty Pte Ltd after a successful bid. The land is slated for the SG$434.45 million (RM1.32 billion) Executive Condominium Housing Development. The group told the stock exchange […]

Retail Asia07/01/2019
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3min0
Vietnam aims to have northern Van Don economic zone be a financial center for the Asia Pacific region by 2030. A plan just approved by the Prime Minister aims at the zone, located near Ha Long Bay in the northern Quang Ninh Province, having a total production value of $5.6 billion by 2030. The zone […]

Retail Asia03/01/2019
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11min0
Stocks on Bursa Malaysia have endured a roller-coaster ride last year, with some creating big losses to investors on one day. Despite often seen as defensive investments, the Malaysian real estate investment trusts (M-REITs) also did not escape unscathed. A check on Bloomberg revealed that the dividend yield of the 18 Bursa Malaysia-listed REITs averaged […]

Retail Asia19/12/2018
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1min0
The site where a Legoland will be built in Chuncheon, Gangwon, on Friday. The development of the Legoland, about the same size as the Legoland in Johor Bahru, Malaysia, has been approved by the Gangwon government. British amusement park developer Merlin is in charge.

Retail Asia02/11/2018
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6min0
The government’s plan to build a renewable energy complex at Saemangeum, North Jeolla, is generating controversy as it deviates from plans to develop the reclaimed tidal flat into a regional economic hub and is being pursued without public approval. The controversy flared up as President Moon Jae-in announced Tuesday that the government will construct a […]

Retail Asia09/10/2016
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2min0
Indonesia has officially offered Japan the opportunity to take part in the semi high-speed rail construction project connecting Jakarta to Surabaya in East Java, a senior minister said. Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan delivered the official letter offering the project to the Japanese government during his working visit to Tokyo on Friday, according to a […]

Retail Asia05/10/2016
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3min0
The OpenDaylight Project, an open source platform for programmable, software-defined networks, has announced that China Mobile has joined the project at the Silver Level. China Mobile joins Tencent and Alibaba, also members of OpenDaylight, as part of a growing number of Chinese internet players and telecoms operators that actively participate in open networking projects and leverage open source […]

Retail Asia19/08/2016
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2min0
Thailand’s ICT ministry has finalized the terms of reference for a tender auction for a 15 billion baht ($433.1 million) national broadband project. The project’s procurement committee is preparing the auction process and expects to name the winner by September 15, citing comments from ICT minister Uttama Savanayana. Whichever company is selected for the project […]

Retail Asia01/06/2016
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3min0
In a bid to bridge the digital divide in India, Intel has launched three projects to accelerate digital literacy at the grassroots level. Intel India aims to reach out to the population in rural areas, upskill citizens in tier two cities and beyond and encourage innovation at the local level. The chip manufacturing company will […]

Retail Asia30/01/2016
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5min
Robinsons Land Corp. (RLC) ended 2015 by receiving another accolade for its four-tower residential complex called The Sapphire Bloc developed by Robinsons Residences, a trusted residential development brand under RLC. The Sapphire Bloc represented the Philippines as “Best Condo Development” in the prestigious South East Asia Property Awards 2015. This real estate award-giving body is […]


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