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#asi

Every story tagged #asi on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

11 stories in this topic

Sri Lanka
Telecom
1 min read

Dialog Completes Sri Lanka’s First Live 5G VoNR Trial

This trial showcased a fully native 5G voice experience with uninterrupted connectivity. Expanding on its innovative work in 5G technology, Dialog had previously conducted a lab-based VoNR proof of concept (PoC) in 2023 using a PoC Core setup. This recent…

Geely
Automotive
1 min read

Luxury car brands offer big discounts in October

Mercedes, BMW, Audi, and Volvo have been slashing their prices by hundreds of millions of dong (VND100 million = US$4,200) in October. Audi is offering discounts on its A4, A6, A8L, Q2, Q3, Q5, Q5 Sportback, Q7, A7 Sportback, and Q8 models of up to VND300…

telecom operators
Telecom
1 min read

China Now Has More Than 1.85 Million 5G Base Stations

China’s Ministry of Industry and Information Technology said that the country has now deployed more than 1.85 million 5G base stations nationwide as it pushes for its target of a total of 3.64 million by the end of 2025. According to the government website,…

Appartments
Living
3 min read

Multi-million dollar apartments catch super-rich’s eyes

Wealthy people are splurging millions of dollars to buy ultra-luxury apartments mostly as second homes. Hoa, owner of a house and a villa in HCMC’s Thu Duc City, said she recently bought a VND30-billion (US$1.3 million) apartment. Located on the 27th floor of…

Dutchs Triumph 3
Automotive
1 min read

Triumph Trident 660 recalled over weak kickstand

Some 83 Triumph Trident 660 sportbikes were recalled in Vietnam since their kickstands may be prone to bending. The units were made in Thailand between Feb. 7 and May 15 last year, according to Vietnam Register. A representative of Triumph Vietnam said the…

Shinsegae
General
1 min read

Shinsegae and Lotte to compete in wine and whisky market

South Korea’s top two retailers — Shinsegae Group and Lotte Group — are going beyond retail to jump into the whisky and wine markets, which have been seeing rapid growth since the onset of the COVID-19 pandemic. Lotte Chilsung Beverage Co. announced in a…

foxconn workers
Electronics
1 min read

Foxconn Invests $36 Million In EV Partnership With Gigasolar

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a…

proffesional
General
1 min read

Share issuance value surges as businesses expand

The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations. As of April 13, 54 listed companies have announced plans to issue more shares this year to raise nearly…

DB SCHENKER
Logistics
2 min read

DB Schenker scores a brace at the Supply Chain Asia Awards 2019

DB Schenker in Asia Pacific has been awarded the prestigious Supply Chain Innovation of the Year, as well as Global 3PL of the Year, at the Supply Chain Asia Awards 2019 held in Singapore. The 14th edition of this annual Awards celebrates the achievements and…

amazon go
E-Tailing
1 min read

Do Local Merchants Stand A Chance In E-Commerce Wars With Amazon?

Grocery stores around the country – and all independent brick-and-mortar retailers, for that matter – uttered a collective gulp the day Amazon announced it had acquired Whole Foods for a whopping $13.7 billion dollars. Amazon, the Goliath of online shopping…

CX inflight sales crew
General
1 min read

Philippine Airlines awards five-year DF contract to ISG

Inflight Sales Group (ISG) founder and CEO Jean-Marcel Rouff has confirmed that the retailer has been awarded a five-year contract to operate the Philippine Airlines (PAL) duty free contract. This follows the narrowing down of the list of bidders to a final…