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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 )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia26/02/2024

Yum Restaurants India is reported to have sold its 4.4 per cent share in Devyani International for US$105 million. Devyani International, from which Yum Restaurant acquired the stake in 2021, is the main franchisee of Yum Brands in China, operating KFC, Pizza Hut and Taco Bell. SBI Mutual Fund (MF), Axis MF, Franklin Templeton MF, Nippon […]

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Retail Asia04/02/2022

Food and beverage establishments are working through Tet or abbreviating their holidays to make up for a year of poor business due to the Covid-19 pandemic. Crab restaurant chain Vua Cua is delivering through the holidays, and some of its outlets closed for two days out of the nine. “I believe that many people will […]

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Retail Asia02/12/2021

Food delivery giant Uber Eats revealed on Tuesday it would wind down its Hong Kong operations by year’s end after seeing slower-than-expected growth. “Uber Eats has unfortunately not grown as expected in Hong Kong,” the company said in response to a Post inquiry. “This decision has been made independent of the global pandemic, and is in line […]

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Retail Asia11/10/2021

Immediately after HCMC lifted its lockdown this month, beverage chain The Coffee House introduced Fresh Bottle, a new glass bottle designed for easy delivery of its best-selling drinks. This and other delivery-friendly products such as instant coffee and canned drinks are the solutions the company came up with to “survive and overcome difficulties,” CEO Le […]

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Retail Asia20/04/2021

Lotteria Vietnam has said that it will continue its business expansion in Vietnam amid Korean media reports of its closedown over a net loss of nearly US$9 million. The company, which is operated by Lotte GRS under South Korea’s Lotte Group, dismissed a media report that it would cease operations in Vietnam, a spokesperson told Tuoi Tre (Youth) […]

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Retail Asia23/03/2021

Shopping malls and restaurants in Japan will miss out on a business boom, as Tokyo expects to hold the Olympics without overseas spectators, dealing another blow to industries already on the ropes from the coronavirus. In the years leading up to the Games, developers have poured tens of billions of yen into shopping and dining […]

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Retail Asia24/11/2020

Amid business blues courtesy of the Covid-19 pandemic, cloud kitchens are finding increasing favor from restaurants in Vietnam’s two major cities. Nguyen Van Tung saw revenue from the two restaurants he runs in Saigon plunge 70 percent after the Covid-19 pandemic disrupted daily life in Vietnam. He cut his staff from four to two, but […]

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Retail Asia24/07/2020

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Supportive measures for the Macau retail and restaurant trade resulted in a mild improvement in business during May, according to official data. According to a Statistics and Census Service report, 17 percent of restaurants surveyed in the special administrative region recorded a year-on-year increase in revenue during the period, 12-per-cent higher than those reporting increases […]

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Retail Asia18/06/2020

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Supermarket operator Carrefour China plans to open 100 restaurants at its existing stores. The first outlet of Carrefour restaurant chain Mr Fu has opened at its Gubei branch in Shanghai, followed by a second in Chongqing. “With more than 2000 products in a self-run goods pool, Mr Fu will introduce at least 30 new products […]

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Retail Asia06/04/2020

Thailand’s government has imposed an overnight curfew effective tonight that will force the closure of tens of thousands of convenience stores and street vendors. The curfew will run from 10pm to 4am. During that time all Thais and visitors to the country must remain indoors, with exceptions only for emergency services, medical workers and patients. […]

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Retail Asia31/03/2020

Chinese restaurant operator Tao Heung will shutter all 48 of its venues for more than a month following tightening restrictions on dining in Hong Kong. As the territory’s administration has now moved to limit the maximum number of diners per table to four – at tables spaced 1.5 meters apart – in an effort to […]

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Retail Asia13/02/2020

Hong Kong restaurant sales fell 14.3 percent in the December quarter, provisionally estimated at HKD26 billion (US$3.35 billion). Provisional figures released by The Hong Kong Census and Statistics Department, also estimated that the value of purchases by restaurants during the quarter fell by 13 percent to HKD8.4 billion ($1.08 billion). A government spokesman said the […]

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Retail Asia05/02/2020

South Korean consumers are opting to avoid crowded places, causing restaurant bookings to plunge by as much as half as fears grow of the spreading coronavirus. “Lunar New Year, followed by graduation and enrollment ceremonies, should have been a chance to boost our sales,” said the owner of one Seoul Chinese restaurant. “This year, though, […]

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Retail Asia23/10/2019

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Philippines specialty store retailer SSI Group will play host to Chinese restaurant chain Crystal Jade in the territory. The firm has contracted with Crystal Jade Management to own and operate the brand in the Philippines as part of its expanding F&B portfolio. “The strategic partnership with SSI group is yet another proud moment for Crystal […]

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Retail Asia07/08/2019

Quick service restaurant KFC announced last week it is investing $1.5 million in a “completely new concept for the fast-food industry” – a first of its kind drive-thru-only restaurant. Located in Newcastle, NSW, the store will feature five lanes and will utilize new technology to improve efficiency and speed in order from the on-site kitchen. […]

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Retail Asia27/06/2019

Shakey’s Pizza Asia Ventures has fully acquired local Philippines restaurant chain Peri-Peri Charcoal Chicken. The firm has also recently signed a memorandum of understanding to buy artisanal pizza brand Project Pie, including all assets and intellectual property. The brand was previously owned by Shakey’s parent firm Century Pacific Group and Singaporean sovereign wealth fund GIC. […]

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Retail Asia17/06/2019

McDonald’s customers in China can now earn loyalty points when they order a Big Mac or Filet-o-Fish through Ele.me, Alibaba Group’s on-demand delivery platform. Ele.me users can activate a McDonald’s membership card with just one click on the app to earn loyalty points for purchases and receive vouchers worth up to RMB 88.5 (US$12.80). The […]

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Retail Asia06/06/2019

McDonald’s Philippines is expanding, with new stores and branch upgrades unfolding this year along with menu additions. There are currently around 650 McDonald’s restaurants in the territory, 61 of which opened last year. “We’re continuing our aggressive expansion,” said McDonald’s MD Margot Torres. “In terms of new stores, we’re looking at about 50.” The firm’s outlets […]

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Retail Asia28/05/2019

Retail sales may be down but Hong Kong restaurant sales rose by 3 percent in the first quarter of this year. The Census and Statistics Department (C&SD) provisionally estimates the value of restaurants receipts at HK$31.5 billion, while the value of purchases by restaurants increased by 3.1 percent to $10 billion. After netting out the […]

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Retail Asia20/05/2019

Chinese KFC restaurants have begun serving parts of chickens not used before in response to rising costs. According to Yum China CEO Joey Wat, the KFC brand introduced new chicken cuts in the first quarter from “a part of the chicken that we somehow have not used in the last 30-some years”. The cut is […]

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