Australia is expanding efforts to encourage two-way tourism between Australia and Indonesia as a key driver of shared economic growth and more knowledge of each others country. Australian Ambassador to Indonesia Paul Grigson said tourism powers economies and…
There is Samsung of South Korea, Sony of Japan, BMW of Germany and IKEA of Indonesia. Wait! IKEA of Indonesia? Yes, at least in Indonesia, if not worldwide. Furniture giant IKEA, founded in Sweden in 1943, has lost a trademark dispute in Indonesia after the…
Al-Futtaim, a business houses headquartered in Dubai, has signed a joint venture agreement with the Chalhoub Group to bring Singapore’s leading fashion department store Robinsons to the GCC and the Middle East region. The first Robinsons department store will…
The Simpsons is about to expand offscreen into a retail store network, with two flagships confirmed as the first global outlets for the popular animated US TV series. Beijing and Shanghai will be home to the world’s first The Simpsons stores because the…
Eating, drinking and shopping along with live music – that is what to expect at Bangkok’s unofficial container festival, Neon Fest Market BKK, in the heart of the Thai capital. With 931 booths, the new container market will feature concerts by Thai acts…
Masan Group Corporation closed the first round of funding of its strategic partnership with Singha Asia Holding last month. Singha contributed US$650 million (Bt23.2 billion), comprising $50 million for a 33.3-per-cent equity interest in Masan Brewery and…
“Unicef calls upon all companies to ensure that their operations and other business activities do not harm children. Government policies should support companies in this regard including by making sure that children are protected from possible rights…
The launch this coming June of Shanghai Disney Resort, which will be one of the largest theme parks in mainland China, is the first upbeat topic in a long time for the country which has been swayed by economic slowdown and the stock market plunge. Meanwhile,…
In an exclusive interview, DFS Group’s Brooke Supernaw, Senior Vice President Spirits, Wines and Tobacco, told Charlotte Turner that the new accreditation is a reflection of the retailer’s dedication to its customers and staff. She also revealed that this…
Lovebirds can fly away on the cheap as Thai Airways is offering discount fares for couples to mark Valentine’s Day. The promotional fares are being offered for couples traveling together in economy class during Feb.1- July 31. The routes include round-trip…
Courts Indonesia has opened its second megastore – inside BSD City, about 42 km west of Jakarta. The new store is part of a strategy by Singapore-listed Courts Asia to expand its footprint beyond its core Singapore and Malaysia markets. Billed as the largest…
Indonesia may be attracting almost double the number of global tourists than India but visitors from here are few and the southeast Asian country has decided to grant free visas to Indians to attract more travelers from India which is a “big market” for them.…
During the Lunar New Year period, most Hongkongers would need some red envelopes to put in lucky money for kids, for young unmarried colleagues or for doormen. The envelopes are often obtained free as they are given away by banks, corporate houses or business…
Sales at Changi Airport hit a record high of $2.2 billion last year, on the back of growing passenger numbers. Spending at the airport’s retail and food stores grew by 8 per cent year on year, it was revealed yesterday. Travellers from China accounted for a…
ASICS, a true sport performance brand, has opened 2 new stores in Singapore, increasing the number of ASICS stores to 7 locally to strategically cater to an increasingly more distributed retail need. Located in Bugis Junction Shopping Mall, a vibrant and…
Lu Jianxin, a real estate agent with Shanghai Huayu Property Ltd, has had some of his busiest business weeks in January since he joined the sector in 2002. Lu receives more than 50 phone calls every day asking him if he can find unoccupied retail properties…
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