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16/05/2024 The TikTok ban could hurt small businesses that prosper thanks to mobile users ( General )
16/05/2024 WhatsApp could add a new sticker-related feature very soon ( General )
15/05/2024 Facebook and Instagram experiencing outages along the East and West Coasts of the U.S. ( General )
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 )

Retail Asia05/01/2021

Vietnam is not considering a resumption of international commercial flights with the Covid-19 situation remaining intense globally and vaccine distribution uncertain. The pandemic has been complicated by the appearance of a new coronavirus variant, with no certainty a vaccine would be distributed on a large scale this year, Deputy Minister of Planning and Investment Tran Quoc […]

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Retail Asia16/12/2020

Long-haul budget carrier AirAsia X is planning to broaden the extent of a planned capital reduction, and raise additional funding through a new share issue. AirAsia X aims to raise RM300 million from current shareholders plus another RM200 million from new investors – a total of RM500 million ($123 million). It describes the new share […]

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Retail Asia29/11/2020

Budget carrier AirAsia India plans to add three more Airbus A320 neo planes by June next year as part of its fleet and network expansion. The airline — a joint venture between Tatas and Malaysia’s AirAsia Investment currently has 32 aircraft, including two A320 neos inducted recently. In a statement to PTI, an AirAsia India […]

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Retail Asia16/11/2020

airasia.com has launched a second Super Sale via its ‘super app’, offering a range of deals starting from as low as RM1.99 (US$0.48) from 16 to 22 November The airasia.com Super Sale made its debut last month, superseding the hugely popular AirAsia Free Seats sale. The airasia.com super app offers a range of products and […]

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Retail Asia03/11/2020

The tourism industry is slowly recovering, starting with the re-opening of Boracay to leisure travelers. More flights, accommodations, and tours are resuming operations to accommodate excited travelers after being stuck at home for so long! With travel restrictions gradually being lifted in the Philippines, AirAsia introduces a unique product that will allow people to travel […]

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Retail Asia27/10/2020

The long-haul budget carrier AirAsia X Bhd has run out of money and needs to raise up to 500 million ringgit (US$120 million) to restart the airline, according to deputy chairman Lim Kian Onn. The Malaysia-based affiliate of AirAsia Group said this month it wanted to restructure 63.5 billion ringgit ($15.3 billion) worth of debt […]

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Retail Asia12/10/2020

An American lender is willing to loan AirAsia US$1bil for the data of its customers it has accumulated from its business over the years. AirAsia Group Bhd CEO Tan Sri Tony Fernandes did not reveal the name of the potential US lender but spoke on how its data-driven new “super app” would become an equal contributor […]

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Retail Asia29/09/2020

AirAsia Group announced on Thursday that it is building a super app off its existing mobile application and website to provide services such as e-commerce, delivery, and payments. The app is to be available next month in Thailand and ASEAN. AirAsia chief executive Tony Fernandes said the idea to build a super app came before […]

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Retail Asia01/09/2020

AirAsia’s founder Tony Fernandes is building what he hopes will be the region’s next “super app” as he deals with the coronavirus travel downturn. He wants to rival the likes of Grab, GoJek, and WeChat with an all-in-one app for food delivery, shopping, payments, entertainment, and travel. As the airline’s boss, he has been looking […]

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Retail Asia10/08/2020

Financial assistance such as loans with easier terms to AirAsia Group is crucial in helping the struggling low-cost carrier to turn around as its recovery will bring about a huge spillover effect to the broader economy. AirAsia X chairman Tan Sri Rafidah Aziz reportedly said easier loan terms will not only provide the carrier with operating funds […]

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Retail Asia07/07/2020

AirAsia India is expected to let go of several of its employees as its part-owner, AirAsiaBerhad struggles to maintain its group operations across regions following the outbreak of coronavirus. AirAsia Berhad is set to reduce up to 30 percent of its workforce across regions including its Indian operations which it part-owns with Tata Sons as […]

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Retail Asia30/06/2020

On Tuesday, low-cost carrier AirAsia sold a record-breaking 41,000 seats in just one day. This marks AirAsia’s highest post-hibernation sale day since it resumed domestic flight services in May. The official site hit an overall traffic growth of 170%. By the looks of it, the number will only increase going forward. Passengers are eager to fly again […]

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Retail Asia18/06/2020

AS the coronavirus pandemic claims more casualties in the aviation sector, airlines are racing against time to raise funds and keep their operations going. Last Thursday’s report that AirAsia Group Bhd could see a RM334 million cash injection by the possible entry of a new investor sent its shares to a two-month high. The potential […]

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Retail Asia09/06/2020

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Southeast Asia’s biggest low-cost carrier AirAsia Group is set to reduce its workforce by up to 30% as founder Tony Fernandes considers selling a 10% stake in the airline to raise cash. Desperately trying to stave off a cash flow crisis triggered by the coronavirus pandemic which has decimated the region’s travel and tourism industry, AirAsia […]

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Retail Asia02/06/2020

AirAsia announced on Sunday that it will be resuming its domestic flights starting June 3 as quarantine protocols are eased in several areas in the country including Metro Manila. In an advisory, AirAsia said that resumption of services will gradually increase to include international destinations by July 1. Selected domestic flights are available for booking […]

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Retail Asia18/05/2020

Low-cost airline AirAsia Bhd is studying the possibility of increasing its airfares in the future, following the implementation of the Conditional Movement Control Order (CMCO). Executive chairman Datuk Kamarudin Meranun said discussions are ongoing to decide if there is an urgent need for AirAsia to increase its airfares in the future. “Even if there is an […]

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Retail Asia11/05/2020

Malaysia’s AirAsia Group said on Wednesday it did not intend to take any new aircraft deliveries this year because of the sharp fall in demand from the coronavirus crisis, and was revisiting its order book with Airbus SE. Reuters last week reported Airbus had put six jets up for sale after giving up on AirAsia […]

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Retail Asia22/04/2020

AirAsia counters emerged as among the most active stocks on Bursa Malaysia today, after the low-cost carrier announced it will resume its scheduled domestic flights, beginning with Malaysia on April 29, 2020. As at 3.31 pm, AirAsia Group Bhd rose 8.5 sen to 87 sen with 151.61 million shares changing hands, while its long-haul arm, […]

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Retail Asia17/04/2020

Lagardere Travel Retail has reopened 88 stores at Wuhan airport after more than two months of lockdown due to the Covid-19 outbreak. According to a statement, Lagardere Travel Retail’s sales are expected to resume as the number of passengers passing through Wuhan Airport gradually increases. “Our ability to restart operations at Wuhan Airport is testament […]

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Retail Asia27/03/2020

Low-cost carrier AirAsia Group Bhd will be operating a limited number of domestic and international flights during the 14-day Movement Control Order period aimed at curbing the spread of the Covid-19 infection. When contacted, a spokesperson for the airline said the limited operations are subject to change due to the fluidity of the situation. “Affected […]

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