Widespread temporary store closures continue across China as the coronavirus continues to spread throughout the country. Officially, China’s New Year holiday – extended by the government for a week to help reduce the spread of the virus – ended yesterday, but…
Yum China, which operates Chinese KFC and Pizza Hut networks, has launched a contactless food-delivery service. The move is a response to concerns about transmission of coronavirus between customers and delivery staff – but will also give confidence to…
As the hordes of mainland Chinese tourists who used to descend on the prime shopping districts of Paris have dried up within just a fortnight, luxury brands are beginning to plan staff layoffs and other strategies to reduce costs. With the rapid spread of the…
UBS shows no sign of slowing down its mainland China expansion plans despite an ongoing coronavirus outbreak, having met its target set in 2016 to double headcount to 1,200 ahead of schedule. UBS group chief executive Sergio Ermotti said in 2016 that the bank…
Over 200 container trucks full of fruit stand idle near a northern border gate as the new coronavirus outbreak halts cross-border trade. Lees ook: Lippo Group Launches Web-Based E-Procurement Service Mbiz.co.id Lees ook: Globe Telecom Enhances Efficiency and…
With the coronavirus claiming the life of 490 people and infecting 24,324 at last count, a number of businesses in China have cut back their operations or have closed altogether. This hits Apple right in the solar plexus since the company depends on contract…
Luxury sportswear brand Kjus China has opened a flagship store in Beijing, incorporating a VIP lounge with a cafe and highlighting the luxury image of the brand. Designed by 5 Star Plus Retail Design, the store features a futuristic, high-tech and luxurious…
UBS Group will donate $1 million to support efforts to contain the global spread of the novel coronavirus. According to the Swiss financial group, the donations will target frontline responders through domestic charity partners focusing on a range of areas…
Vietjet will stop all flights to and from China starting Saturday to try and limit the spread of the deadly coronavirus. The budget airline said in a statement Friday that it had prepared this plan earlier, and will cooperate with Vietnamese authorities and…
Apple and Levi’s joined the growing list of international retailers shuttering stores in Mainland China as the infection rate and death toll from the coronavirus continued to grow over the weekend. Elsewhere, in South Korea, duty-free stores have closed and…
In compliance with the Philippine government’s directive imposing travel restrictions from the People’s Republic of China, AirAsia is cancelling all its flights between the Philippines and mainland China, Hong Kong SAR and Macao SAR until further notice from…
Swedish furniture and homewares chain Ikea has closed all of its mainland Chinese stores in the wake of the coronavirus outbreak. The decision, announced Thursday, came just hours after the company said it would shutter half its 30-strong network in the…
A new grooming salon concept in China called Nova Pets allows customers to chill with their pets in a retail space. Located in Hangzhou, Nova Pets features a sunken cafe, playground and a swimming pool for pets. “The project started with an idea of creating a…
An Alipay-owned insurance platform has offered to support families and medical staff affected by the ongoing coronavirus outbreak. The platform will help affected medical staff apply for coverage of 100,000 yuan ($14,000) each and 500,000 yuan ($72,000) for…
Hanoi pharmacies are running out of masks as fears of the new coronavirus epidemic have caused demand to surge. Hoa of Ung Hoa District on Thursday managed to buy two boxes of masks after queueing for over an hour. For each box of 5,000, she paid VND5 million…
CapitaLand has closed six shopping malls in China in wake of the coronavirus outbreak and set up a task force to coordinate its response across its operations in China and other markets where it operates. The Singapore-headquartered company says it has also…
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