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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 Asia14/09/2023

Siam Piwat Co Ltd, has unveiled a four-pillar strategy it says will help boost its strengths as Thailand’s leading real estate and retail developer and maintain its leadership as a developer of global destinations, as part of its move to underpin the government’s plan to draw overseas visitors back in the post-pandemic era. As the […]

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Retail Asia16/09/2022

Vietnam was one of the 10 favorite destinations for Australian tourists in July, according to the Australian Bureau of Statistics. Over 18,500 visited Vietnam during the month, a 44% increase from the previous month. New Zealand topped the list of favorite destinations with 96,500 visiting the island nation, followed by Indonesia, the U.K., the U.S., […]

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Retail Asia15/08/2022

China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed by Reuters, in what will be the largest share sale in the city so far this year. Shanghai-listed China Tourism is planning to sell 102.76 million shares priced […]

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Retail Asia28/06/2021

Hit hard by the successive waves of Covid-19, hotel owners in tourism hotspot Nha Trang are putting up their properties for sale on realty forums. They have price tags of VND20-300 billion ($0.9-13 million), but are mostly in the VND30-70 billion range. Most are in the downtown area on streets like Tran Phu, Hung Vuong, […]

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Retail Asia08/04/2021

Tourism companies see a proposed plan to gradually resume international flights as a necessary first step for their sector to recover from the pandemic-inflicted slump. Nguyen Minh Man, head of marketing at the HCMC-based TST Tourist Co., said that a slow and careful reopening of Vietnam’s borders can form a strong foundation to resume tourism […]

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Retail Asia15/12/2020

Vietnam’s third Covid-19 outbreak last month has exacerbated the problems of low occupancy and plunging revenues for hotels and resorts nationwide. Average daily rates in October slumped 25 percent year-on-year, said Mauro Gasparotti, director of real estate consultancy Savills Hotels Asia Pacific. In HCMC, occupancy has hovered under 20 percent since the April lockdown, compared […]

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Retail Asia23/11/2020

Hundreds of parked tour buses are gathering dust at a northern Hong Kong container port, having been off the road for 10 months since authorities banned non-resident arrivals into the city due to the new coronavirus. The area has turned into a “bus cemetery,” said Freddy Yip, president of Hong Kong’s Travel Agent Owners Association. […]

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Retail Asia15/09/2020

Vinpearl Jsc, the hospitality and entertainment arm of conglomerate Vingroup, saw first-half losses triple year-on-year due to the impacts of the coronavirus pandemic. The operator of premium resorts and theme parks recorded a loss of nearly VND5.1 trillion ($220 million), up from VND1.69 trillion. Its debt to equity ratio rose to 22.57 at the end […]

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Retail Asia08/09/2020

Vietnamese tourism companies are not enthused about the possibility of flight resumption to six Asian destinations because they don’t expect large numbers of tourists to board these flights. Nguyen Cong Hoan, deputy CEO of Hanoi Redtours, said that flights to these destinations will mostly serve businesspeople, workers and students and not tourists. “Although this shows […]

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Retail Asia17/08/2020

AirAsia is set to grow its medical tourism business by providing charter flight services from Indonesia, giving patients and medical tourists from Indonesia greater access to medical treatments and health services in Malaysia. On August 14, AirAsia welcomed its first international medical charter flight from Medan into Penang International Airport. The next medical charter flight […]

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Retail Asia28/02/2020

Macau souvenir bakery Koi Kei Bakery, known for its peanut brittle and almond biscuits, will be closing its Hong Kong branches in Tsim Tsa Tsui, Causeway Bay and Mong Kok this Saturday, leaving the airport outlet (pictured) its sole remaining store in the territory. Hong Kong’s tourism board says inbound visitor numbers have plunged 98 […]

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Retail Asia18/02/2020

Nippon Passport has raised ¥200 million (US$1.82 million) in pre-series A funding, led by private investors and business companies through a third-party allotment. In response to the Japanese government’s target to attract 60 million foreign tourists annually by 2030, the firm has launched its “NP Pass” service, driving foreign visitors through affiliate shops for a […]

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Retail Asia07/02/2020

As the hordes of mainland Chinese tourists who used to descend on the prime shopping districts of Paris have dried up within just a fortnight, luxury brands are beginning to plan staff layoffs and other strategies to reduce costs. With the rapid spread of the coronavirus across Mainland China, outbound tour groups have been suspended […]

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Retail Asia28/01/2020

Visitors to the launch enjoyed a 360-degree view of Gunung Machinchang, one of the island’s most popular mountains and tourist destinations, using a cable car gondola and a virtual reality (VR) experiential zone. A camera that was installed at the Langkawi Skycab middle station enabled the event to be live-streamed from 20 kilometers away. The […]

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Retail Asia16/12/2019

Vietnam will cut down 75 percent of its marine plastics and stop generating plastic waste in coastal tourist areas by 2030, the government says. Prime Minister Nguyen Xuan Phuc has issued a national action plan on the management of plastic waste in the ocean until 2030, which aims to fulfill the country’s international commitment to […]

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Retail Asia06/12/2019

Declining Mainland Chinese visitors to Hong Kong have put a dent in Dickson Concepts’ sales and profit in the first half of its fiscal year. Dickson Concepts, which owns the Harvey Nichols department store network, has reported a 6.6 percent decline in sales to HK$1.713 billion (US$218.8 million), and net profit attributable to shareholders down […]

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Retail Asia14/11/2019

International travelers can now use mobile payments in China as Alipay has launched a new version of its payment app designed for short-term overseas visitors. After installing the Alipay app, international visitors can register with their overseas mobile phone number to access the “Tour Pass” mini-program through which they can use the “Prepaid Card” service […]

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Retail Asia29/08/2019

Tun Dr Mahathir Mohamad acknowledged AirAsia’s significant contribution to Malaysia’s tourism sector since starting operations in 2001 besides creating numerous milestones along the way and being a trendsetter in air travel.The Prime Minister said the evolution of low-cost carriers in the region has been quite phenomenal and that AirAsia’s role in this was obvious.He is […]

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Retail Asia31/05/2019

Revenue for the quarter ended 31 March was flat at Bt11.6 billion, but expenses rose 10% to Bt10.5 billion. Net profit fell 50% to Bt497million. The company says that fuel costs rose during the quarter, as did airport and MRO costs. Despite this, the carrier’s CASK was flat compared with a year ago at Bt1.53 […]

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Retail Asia26/04/2019

AirAsia is to launch flights between Bangkok and Ahmedabad, the capital of Gujarat state and India’s first UNESCO World Heritage City. The airline will operate the route four times per week on Mondays, Wednesdays, Fridays and Sundays, from 31 May 2019. AirAsia Thailand CEO, Santisuk Klongchaiya, said, “India is a strategic market that is fast […]

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