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10/05/2024 For complex iPhone AI tasks, Apple will use cloud-based servers running M-series chips ( Electronics )
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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 )
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 )

Retail Asia27/03/2018

KT plans to roll out its next-generation 5G network to users as soon as next March after its test run at the PyeongChang Olympics proved a success. The country’s second-largest mobile carrier said Thursday that its 5G system will offer true wireless service as opposed to fixed wireless service. Verizon is preparing to launch the […]

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Retail Asia22/03/2018

Axiata Group Bhd’s share price fell 0.18% this morning following news that its unit is acquiring a 35% stake in data centre company Digital Reality (Private) Ltd (DRPL) for 262.5 million Sri Lankan rupees (RM6.55 million) cash to form a data centre business in Sri Lanka. At 11.08am, Axiata stood at RM5.48 with 882,800 shares […]

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Retail Asia21/03/2018

Singtel expects the service to launch mid-2018 in 20,000 points in Singapore and Thailand. Travellers with Singtel’s mobile wallets could soon continue to use their home wallet app to make payments when overseas. Singtel will link its mobile wallets across different ecosystems through an interoperable platform. It will begin with the mobile wallets of the […]

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Retail Asia15/03/2018

Vietnam Mobile Telecom Services Corporation (MobiFone) and shareholders of multimedia company Audio Visual Global (AVG) on Monday decided to cancel the share transfer agreement between the two companies. The decision was made several days after the Party Central Committee (PCC)’s Secretariat asked the Government to soon release the inspection results of a VNĐ8.89 trillion (US$395 […]

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Retail Asia20/02/2018

Hong Kong’s SmarTone has reported a 17% year-on-year decline in net profit for the last six months of 2017, due largely to intense competition, increased spectrum expenses and lower handset sales. Profit for the six-month period fell to HK$328 million ($41.9 million), with revenue declining 23.5% to HK$4.1 billion. Service revenue fell 6% year-on-year but improved 1% […]

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Retail Asia20/02/2018

The Chinese government has reportedly taken the telecoms sector off a list of “sensitive sectors” that require special approvals for outbound investment. The list compiled by the National Development and Reform Commission (NDRC) names the industries that Chinese planning to invest in an overseas company or project need to secure approval for. Starting from next […]

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Retail Asia20/02/2018

Japan’s SoftBank has reported a solid 20% increase in net profit for the nine months ending in December to 1.01 trillion yen ($9.35 billion), partly as a result of cost cutting at US subsidiary Sprint. Net sales for the first nine months of SoftBank’s financial year grew 3.5% to 6.58 trillion yen, with revenue increasing across all the company’s […]

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Retail Asia16/02/2018

Singtel has reported a 9% decline in profit for its fiscal third quarter to S$890 million ($671.7 million) as a result of declining voice revenues, higher costs and lower earnings from the operator’s regional mobile associates. Revenue for the December quarter grew 4% to S$4.6 billion as a result of higher earnings from Singtel’s wholly-owned Australian subsidiary […]

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Retail Asia16/02/2018

Myanmar’s mobile operators – MPT, Ooredoo Myanmar and Telenor Myanmar – have announced they have reached a collective 50 million subscribers. Extrapolating from the latest UN estimates, Worldometers projects that the total population of Myanmar is around 53.6 million, meaning the nation’s mobile penetration is approaching 100%. In a joint statement announcing the milestone, the three operators committed to further develop their mobile networks, […]

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Retail Asia02/02/2018

Yoodo, a new telco which made its debut in the Malaysian market today, is offering customised mobile plans via an online platform especially targeted at the digitally savvy population. The telco allows customers to customise their plans by choosing their preferred voice, data, messaging and content offerings–all of which can be done online via its […]

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Retail Asia26/01/2018

Singtel has appointed Arthur Wong (pictured) as its new CEO of global cyber security to help fulfil the operator’s ambition of becoming a global leader in the cyber security market. Wong joins Singtel from IT services company DXC Technology, where he served as SVP and general manager of the company’s security business. DXC was formed from the $25.6 billion […]

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Retail Asia26/01/2018

Celcom Axiata Bhd CEO Michael Kuehner, while welcoming the expected entry of a new player in the local telco scene next week, pointed out that what the industry needs is consolidation and not another player. Yodoo is expected to launch its mobile data plan next Tuesday. “The market has too many (telcos) than too few. […]

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Retail Asia26/01/2018

Australia’s Telstra, Ericsson and Ciena say they have achieved the world’s fastest speeds during a demonstration using Telstra’s transmission network in Melbourne. The companies achieved 400Gbps speeds over 61.5-GHz spectrum using Telstra’s transmission network, representing the highest spectral efficiency per fiber pair achieved in a live environment. This represents transmission speeds of up to 30.4Tbps per fiber pair, a significant […]

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Retail Asia26/01/2018

India’s Idea Cellular has reported a steep 24.9% decline in Q3 revenue and a surge in net losses as a result of the “body blow” from regulator Trai in the form of a mobile termination charge cut. Revenue for the quarter fell to 65.1 billion rupees ($1.02 billion), and the operator’s standalone net loss climbed 182.3% to […]

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Retail Asia24/01/2018

The Philippines’ state-run National Transmission Corporation (TransCo), the owner of the nation’s power grid, is close to a deal with the private operator of the grid National Grid Corp (NGCP) to use NGCP’s transmission facilities as the backbone for its bid to become the nation’s third operator. TransCo has sent a draft memorandum of agreement […]

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Retail Asia24/01/2018

NEC and NEC Asia Pacific have announced the completion of three safety and security test bed projects, held in and near Singapore’s Jurong Island, under the Safety and Security Industry Program (SSIP) 2020. The SSIP 2020 is led by the Ministry of Home Affairs (MHA), Singapore Economic Development Board (EDB) and is being conducted in […]

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Retail Asia23/01/2018

Companies across Asia-Pacific are already seeing the benefits of IoT, according to a new report conducted by Forbes Insights. Sponsored by Hitachi Vantara, the report found that 76% of APAC companies are operating IoT programs that generate revenue while 60% agree that IoT programs are generating data that is very useful to their business. As a result, […]

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Retail Asia23/01/2018

Ericsson has unveiled a new small cell solution designed to meet the indoor mobile broadband performance requirements that will be demanded by 5G. The new 5G Radio Dot small cell radio will support the new 5G mid-bands between 3-GHz and 6-GHz, delivering speeds of up to 2Gbps. The new solution is also deigned to support emerging 5G […]

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Retail Asia23/01/2018

Australia’s Telstra has announced plans to invest in two new subsea cable systems connecting Hong Kong to the west coast of the US. The company will invest in a half fiber pair on the Hong Kong Americas (HKA) cable and the equivalent of 6TBps over the Pacific Light Cable Network (PLCN). The HKA cable is expected to […]

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Retail Asia16/01/2018

ZTE has launched a new 5G core product based on service based architecture (SBA) and fully compliant with the 3GPP Release 15 standard from September. The ZTE Cloud ServCore consists of 3GPP network function services and common network function services in the control plane, and distributed media planes supporting flexible deployment and high-performance forwarding. These distributed […]

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