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Reported across 14 sectors and every major Asian market — deals, openings, results and people moves, seven days a week.
MBK Plc, the SET-listed operator of MBK shopping centre in Bangkok, is negotiating with local partners to co-develop a lifestyle shopping complex in Tak province to attract Myanmar shoppers. The 20,000-square-metre project will be used as a prototype to…
Valentine’s Day is a big deal for Indonesians (57 percent), Taiwanese (53 percent) and Singaporeans (45 percent). These three countries top a multi-market poll for being the most expectant to celebrate Valentine’s Day this year. In contrast, love is not in…
Rakuten Inc. recently announced that it would discontinue its new-graduate hiring quota, and will begin to hire new-graduates and mid-career engineers throughout the year. Since 2010, the company has been accelerating its global expansion, and by making…
Jack Ma, 1. China, 0. That seems to be the score in the unusually public tussle between the Alibaba billionaire and Beijing. Rarely does a mainland magnate push back when the Communist Party questions its business practices and ethics, and certainly not in…
Indian budget smartphone maker Micromax leapfrogged South Korea’s Samsung Electronics Co Ltd to become the leading supplier in India’s booming smartphone market for the first time in the fourth quarter, research firm Canalys said. In a report issued on…
Vietnamese consumer confidence continued to see rapid improvement in the fourth quarter of 2014, according to the latest Consumer Confidence Index released by Nielsen, a global information and measurement company. Nielsen said Vietnam had become the ninth…
Indonesian consumers grew more optimistic about their economic prospects in January, thanks to the recent fuel price cuts, according to surveys from the central bank and a state-controlled research institute. Bank Indonesia’s Consumer Confidence Index, which…
The Alibaba Group has established a HKD1-billion (USD128.9 million) not-for-profit Alibaba Hong Kong Young Entrepreneurs Foundation to support young entrepreneurs in Hong Kong. The goal is to help young people start and grow businesses on marketplaces and…
Tommy Hilfiger announced recently that he will publish a memoir with Ballantine Books, an imprint of which will chronicle personal stories from his early childhood and formative years, his origins in the fashion industry, and the setbacks, triumphs, and sheer…
Shares in JB Hi-Fi have risen more than 3 percent after the Australian consumer electronics retailer reported a 1.9 percent fall in first-half net profit to AUD88.5 million (USD68.8m) and confirmed flat earnings for the full year. Chief executive Richard…
Smartphone shipments to Indonesia will grow 20 percent during 2015 and will give a boost to the country’s ecommerce industry, according to a new forecast from research firm IDC. Some 24.8 million smartphones were shipped in 2014. Lees ook: Does Your Brand…
China Mobile, China’s largest 4G mobile network operator, has begun development on the next generation of mobile internet following the success of 4G, a senior executive of the company said on Saturday. Xi Guohua, chairman of the board for the telecom giant,…
The head of China’s commerce regulator met with Alibaba’s chairman Ma Yun on Friday to exchange opinions on joint efforts to fight fake products. During the meeting, Zhang Mao, minister of the State Administration for Industry and Commerce (SAIC), reaffirmed…
Though France and the United States continue to lead trends in the beauty industry, the market is opening up for luxury brands from both local and international players. Entrepreneur Metta Murdaya aims to be a winner. That, at least, is the basis for her…
The retail market in Hanoi is still attractive for investors, even though it has experienced business impediments during the past, a Hanoi Industry and Trade Department official said. Last year was continuously marked by numerous fluctuations in the modern…
Apple Inc, which just became China’s number one smartphone vendor, expects to open stores in another five cities based on advertisements that it placed for retail staff. It is hiring staff for its stores in Guangzhou, Shenyang, Tianjin, Nanjing and Dalian,…
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