Warehouse

Retail Asia20/04/2016

Singapore sovereign wealth fund GIC has teamed up with Indonesia’s PT Mega Manunggal Property (MMP) to develop a portfolio of quality logistics warehouses over the next three years. The warehouses will boast nearly 500,000 sq m of net leasable area in both Greater Jakarta and Greater Surabaya in Indonesia, the two firms said in a […]

Retail Asia26/02/2016

Costs related to the closure of retail stores were among the factors contributing to reduced second-quarter earnings for Singapore’s Wing Tai Holdings. Store closures caused a 12 per cent rise to S$23.8 million in administrative and other expenses quarter-on-quarter, according to a stock exchange filing by the company. Lower rental income and depreciation from its […]

Retail Asia06/02/2016

State-owned airport operator PT Angkasa Pura-I now has a logistics warehouse of international standard in the Indonesian island resort of Bali, according to the companys President Director, Sulistyo Wimbo Hardjito. Speaking to reporters here on Friday, Hardjito remarked that the international standard warehouse, named the Bali Logistics Park, is projected to boost the distribution of […]

Retail Asia30/12/2015

Despite its position as a regional logistics hub, Hong Kong’s lack of industrial land and a resulting warehouse shortage have long been headaches, with the warehouse vacancy rate remaining below 2 per cent and unlikely to improve much next year. A slowdown in retail sales led to a slight easing in demand for warehouse space […]

Retail Asia17/11/2015

Today’s warehouse managers face many challenges, not the least of which are meeting higher service levels and operational cost constraints. In this environment, it’s more important than ever that managers spend time on the floor, managing associates to drive optimal levels of productivity and monitoring work throughout the warehouse. This represents a difficult balancing act, […]

Retail Asia07/08/2015

Asif Ahmad, the UK ambassador to the Philippines, is one of the busiest diplomats in the country, as he leads, almost on a weekly basis, the opening of new outlets put up by dozens of British companies which are taking advantage of the rapidly growing consumer market and improved purchasing power of Filipinos. Ahmad, the […]

Retail Asia14/07/2015

Wing Tai, the corporate retailer which partners with Uniqlo and a raft of other brands, including the Arcadia Malaysia stores, says it is streamlining its retail business. The listed company has 85 retail stores in Malaysia’s major cities under 12 international brands – Topshop, Topman, Dorothy Perkins, Miss Selfridge, Warehouse, Karen Millen, Pumpkin Patch, Wallies, […]

Retail Asia08/01/2015

TCC Logistics and Warehouse, a subsidiary of TCC Group, has opened the MM Mega Market in Nong Khai province to cash in on growing consumption spurred by increasing border trade with neighbouring countries. The company has leased space at Asawann Shopping Complex II for 30 years to open the MM Mega Market, which has a […]

Tag: Warehouse

Singapore GIC Makes First Investment in Indonesia’s Logistics Sector

Retail closures add to Wing Tai woes

Angkasa Pura has world-class logistics warehouse in Bali

Shortage of warehouse space in Hong Kong likely to continue

Warehouse Managers Must Get Mobile

British brands invading Philippines

Arcadia Malaysia partner rules out expansion

TCC opens megamarket in Nong Khai