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14/05/2024 Qantas to launch new route from Manila to Brisbane ( General )
13/05/2024 Meta expands paid verification service for businesses ( General )
10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
10/05/2024 Samsung plans to add $1B to Vietnam investment annually ( Electronics )
08/05/2024 Digital content exporters open foreign offices to avoid tax ( General )
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 )

Retail Asia10/02/2021

The race for domestic retail market share was heating up as local and foreign firms looked to expand their networks, experts said. At a recent meeting in HCM City, Trương Công Thắng, general director of VinCommerce Company, told partners that the retailer wanted to open nearly 10,000 stores and more than 300 Vinmart supermarkets in the next five […]

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Retail Asia02/02/2021

H&M-owned Arket has announced plans to open its first physical store in China this autumn. The flagship store will be located in Beijing and will stock a mix of the Stockholm-based brand’s wardrobe staples and seasonal fashion drops for both women and men. The store will also feature an Arket cafe and stock an assortment […]

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Retail Asia31/12/2020

The retail news team thank you for your interest, loyal support, and trust in one of the most challenging times ever. It has been an eventful 12 months for retailers and retail events, but the new year marks a new beginning, and we’re looking forward to being able to meet, embrace, and exchange ideas again. […]

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Retail Asia24/12/2020

It’s been a difficult year; we better say the most difficult year in decades with Covid-19 and all social restrictions that were put in place. But we were resilient, and prepare ourselves for a better year. Hopefully with more and more retail events and summits; cause that’s what we retailers live from. Showcase and demo […]

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Retail Asia21/10/2020

The increased activity in Singapore’s retail sector hints at a bottoming out of rents by the end of this year or early next year, Knight Frank’s research team said in a report published on Friday (Oct 16). Overall retail rents are expected to fall by 10-15 percent for the whole of this year due to […]

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Retail Asia24/09/2020

Everything was delayed due to the COVID-19 pandemic this year, including Amazon’s huge sale known as Prime Day. Typically, Amazon Prime Day takes place in July, but this year, due to obvious reasons, the sale was reportedly delayed for October. The initial reports dated early July claimed Amazon Prime Day will be scheduled for the week starting […]

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Retail Asia21/09/2020

The Singapore-based digital wealth engagement solutions provider has its sights on the retail and affluent banking segments in Indonesia. New Wealth has inked a strategic partnership with digital engineering firm HAXtech to distribute its solutions to banks, insurance, and fintech firms in Indonesia, the company announced in a press release on Friday. The partnership promises improved […]

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Retail Asia08/09/2020

Techsembly, a Singapore technology startup, is securing clients worldwide after developing a Software-as-a-Service platform allowing businesses to replicate a curated and customized in-store shopping experience online. The three entrepreneurs who founded Techsembly have a background in e-commerce and online retailing and built their own Gifts Less Ordinary marketplace into a million-dollar business. They recognized a […]

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Retail Asia28/08/2020

Vietnam led Southeast Asia in the number of phishing attacks targeting small enterprises in the first half of this year. There were more than 1.6 million attacks on small and medium-sized enterprises with 50-250 employees in the region, up 39 percent from the same period last year, Russian cybersecurity firm Kaspersky Lab said a report […]

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Retail Asia06/08/2020

Vietnam’s retail industry continued to recover after the March lockdown to fight Covid-19, with a 4.3-per-cent increase year on year in July’s retail sales. However, after being virus-free for more than three months, Vietnam is now facing the second wave of Covid-19 which originated in the coastal city of Danang. With a full lockdown in […]

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Retail Asia03/08/2020

Hong Kong retail sales in June slumped by 24.8 percent to US$3.42 billion as the territory’s borders remained all but closed to tourists due to the Covid-19 pandemic. The decline was lower than in May when sales were down 32.9 percent year on year and the 33.3-per-cent rate for the six months to June. A […]

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Retail Asia14/07/2020

Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month. But it has criticized the city’s landlords generally for failing to share the burden of a decimated retail market in the wake of the pandemic. The beauty products company […]

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Retail Asia09/07/2020

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As Hong Kong retail rents slump to levels not seen since 2003, retailers who appeal to domestic shoppers are beginning to have a stronger presence in the market. According to retail real estate professionals with property company Savills, brands in categories such as lifestyle products, health-related goods, and affordable family-friendly chains are taking the opportunity […]

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Retail Asia07/07/2020

Singapore retail sales plummeted 52.1 percent in May as Covid-19 lockdowns shuttered malls and the majority of retail stores across the city-state. May’s year-on-year decline followed a 40.3 percent drop in April and represented the biggest drop since statistics were first collected in 1986. After removing motor vehicles from the data, the decline was only […]

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Retail Asia03/06/2020

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Retail sales in Hong Kong have plunged by more than one-third over the first four months of this year. Census and Statistics Department figures show a 36.1-per-cent decline, which follows an adjusted 42.1-per-cent fall in March. Those two months represent the beginning of the real impact of the Covid-19 pandemic which has seen the border […]

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Retail Asia02/06/2020

South Korean duty-free retailers are temporarily shuttering metropolitan stores in response to a significant decline in tourist numbers caused by the coronavirus epidemic. Numerous outlets at prime tourist destination Jeju Island will be closed this month. A Lotte Duty-Free store that has already been operating under reduced hours since February will close pending the resolution […]

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Retail Asia16/04/2020

The six-week-long coronavirus lockdown is expected to slash Malaysian retail sales by 60.7 percent this month as non-essential stores are forced to close. Retail Group Malaysia, which calculates data on behalf of the Malaysia Retailers Association, estimates that retail sales for the full year will drop by 5.5 percent, should the government’s Movement Control Order […]

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Retail Asia06/04/2020

China’s digital payment market grew to $8.4 trillion in the last quarter of 2019 and there are signs of still robust momentum in the months following the outbreak. By transaction volumes, Alipay retained the top rank with 55.1 percent followed by Tencent’s two platforms – WeChatPay and QQ Wallet – at 38.9 percent, according to […]

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Retail Asia17/03/2020

Indian e-commerce platform Flipkart has filed for approval from regulatory authorities to conduct food retail in the territory. According to a Times of India report, The Walmart-owned business has made the application with the Department for Promotion of Industry and Internal Trade with the expectation of a decision within three months. The firm registered an […]

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Retail Asia20/02/2020

Malaysian retailers operating in tourist zones have seen sales plunge in the wake of the coronavirus outbreak. Locally headquartered leathergoods retailer Bonia says sales have fallen by as much as 77 percent in one location and were down overall as fewer Chinese traveled to Malaysia and locals avoided crowded locations to reduce their exposure to […]

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