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18/04/2025 Google might have to sell off some of its businesses after a judge makes a critical ruling ( General )
18/04/2025 Vietnam president sends congratulatory letter to Amanda Nguyen, first woman of Vietnamese origin to fly into space ( General )
18/04/2025 The Peninsula Boutique reopens at Hong Kong Airport ( General )
18/04/2025 Hoka opens its first store in Vietnam ( Fashion )
18/04/2025 Funko Pop to launch first Southeast Asian store in the Philippines ( General )
17/04/2025 Lawson reveals ambitious Southeast Asian expansion plan ( General )
15/04/2025 Prada brings Versace home to create Italian luxury contender ( Fashion )
15/04/2025 Hong Kong Gifts and Premium Fair celebrates 40th edition ( General )
15/04/2025 Determinant reopens flagship Lab Concept store in Hong Kong ( Fashion )
15/04/2025 API launches online B2B hub for pharmacies to source products ( General )
15/04/2025 Costco and DoorDash to deliver groceries to the doors of Aucklanders ( General )

Retail Asia15/04/2025

In Asia, these risks are amplified by diverse linguistic landscapes, complex political environments, and a high penetration of mobile and digital services. According to Grand View Research, the global deepfake AI market size was estimated to be worth USD 562.8 million in 2023 and is projected to grow at a compound annual growth rate (CAGR) […]

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Retail Asia14/04/2025

At the Huawei Product & Solution Launch during Mobile World Congress (MWC) Barcelona 2025, Huawei revealed its innovative roadmap, showcasing a comprehensive suite of AI-powered solutions designed to transform network infrastructure, accelerate digital information, and propel the industry into a more intelligent, connected, and sustainable digital future. AI-Centric Network Solution, Seizing New Opportunities in the AI […]

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Retail Asia10/04/2025

Taiwanese bubble tea chain Gong Cha has reached US$600 million in global system sales for the 12 months ended December, driven by its rapid global expansion. Group revenue also rose 12 percent year-on-year to US$190 million as the brand expanded operations in Japan, South Korea, and the US. The company opened 240 new stores and […]

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Retail Asia08/04/2025

DHL Group, the world’s leading logistics company, has signed a Memorandum of Understanding (MoU) with the e-commerce marketplace Temu to deepen their cooperation and to further expand their successful partnership. The agreement aims to enhance collaboration to better support local small and medium-sized enterprises (SMEs) in established markets as well as in growth markets, such […]

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Retail Asia08/04/2025

The Commerce Ministry of Thailand has recently requested the China Customs to extend the working hours at the Mohan checkpoint on the border with Laos to facilitate durian inspections. Specifically, the closing time will be changed from 5.30pm to 8.30pm, according to Deputy Minister Napintorn Srisunpang. Chinese authorities will also increase the number of inspection […]

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Retail Asia07/04/2025

Guess plans to transfer its operations in Greater China to a local partner this year as part of its restructuring strategy. “After many years of running our own direct operations in Greater China, we believe there is an opportunity for this market to be directly developed and managed by a local, highly experienced partner,” said […]

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Retail Asia01/04/2025

China Airlines (CAL), a Taiwan-based carrier, has strategically positioned itself for the future by signing a memorandum of understanding (MOU) this month with Chunghwa Telecom Laboratories (CHTTL) to expand the use of Artificial Intelligence (AI) technology resources. The two companies will share their respective industry applications and R&D technology to co-develop an integrated AI development […]

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Retail Asia31/03/2025

Swiss bank UBS is strengthening its presence in China after receiving regulatory approval to acquire a local securities firm fully. UBS will acquire an additional 33 percent stake in UBS Securities from Beijing State-owned Assets Management Co., Ltd (BSAM), thereby taking full control of UBS Securities in China. The big bank announced this on Friday, having […]

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Retail Asia20/03/2025

The Financial Times reported on Tuesday, citing two suppliers, that Costco Wholesale is pressuring mainland China suppliers to cut prices in response to US tariffs. This follows Beijing officials meeting with Walmart earlier this month to discuss media reports that the US retailer asked Chinese suppliers to slash prices to offset tariff impacts. Costco’s chief executive officer, […]

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Retail Asia18/03/2025

China’s retail sales growth quickened in January-February in a welcome sign for policymakers’ efforts to boost domestic consumption even as joblessness rose and factory output eased, underscoring the strains on an economy facing fresh US tariff pressure. Policymakers have put expanding domestic demand as the top priority this year as they try to cushion the impact of […]

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Retail Asia17/03/2025

China’s rapid deployment and adoption of 5G technology have positioned it as a global leader in the telecommunications sector. Central to this success is the country’s strategic approach to 5G pricing, which has facilitated widespread consumer uptake and stimulated economic growth. In 2019, China’s major telecommunications operators—China Mobile, China Telecom, and China Unicom—officially launched 5G services to […]

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Retail Asia19/02/2025

Chinese AI app DeepSeek will not be available to download in South Korea pending a review of its handling of user data, Seoul authorities said Monday. DeepSeek’s R1 chatbot stunned investors and industry insiders with its ability to match the functions of its Western competitors at a fraction of the cost. But a number of […]

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Retail Asia19/02/2025

Restaurant Brands International said on Tuesday it has bought stakes in Burger King China from its local franchisee for about US$158 million, giving it nearly total ownership of the business. The fast food chain operator said it would engage its advisors to work on identifying a new local partner to invest into the business. The company […]

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Retail Asia19/02/2025

Shein is offering its Chinese manufacturers temporary incentives to move some of their production to Vietnam in response to rising US tariffs. The incentives include up to a 30 percent increase in procurement prices and larger order guarantees. The move is part of the fast-fashion retailer’s efforts to shift production outside of China after US […]

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Retail Asia18/02/2025

China imported US$834 million worth of Vietnamese shrimp last year, surpassing the U.S. as the largest buyer of the seafood. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the figure marked an increase of 39% year over year. The decline in China’s supply due to unfavorable weather conditions is among the factors […]

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Retail Asia17/02/2025

This milestone was achieved two months earlier than planned, following the completion of the ADC wet segment last November. In the past eight years, no new submarine cables have been operationalized in the Asia Pacific. This has led to a shortage of resources and created challenges in the market. The launch of the ADC’s capacity has been […]

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Retail Asia07/02/2025

Australia has prohibited the use of DeepSeek on all government devices due to concerns about security risks posed by the Chinese artificial intelligence (AI) startup. The Secretary of the Department of Home Affairs has directed all government entities to stop using DeepSeek products, applications, and web services, and to remove any existing instances from Australian government […]

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Retail Asia03/02/2025

Thailand expects its 609-km (378 miles) portion of a high-speed railway that will connect it with China through Laos to begin operations in 2030, its government said, nearly a decade later than originally planned. More than a third of construction has been completed in the segment connecting the capital Bangkok to the city of Nakhon […]

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Retail Asia22/01/2025

Thailand has resumed exporting durians to China following a temporary ban due to the latter’s stricter requirement regarding Basic Yellow 2, a carcinogen. Itthi Sirilathayakorn, deputy minister of Thailand’s Ministry of Agriculture and Cooperatives, said exports were resumed on Monday, with 96 tons of durian worth 7.8 million baht (US$228,900) to be shipped to China […]

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Retail Asia08/01/2025

Chinese lifestyle goods retailer Miniso Group Holding plans to raise US$550 million through a debt instrument to fund its oversea expansion. The seller of anything from household appliances to electronics and cosmetics will issue equity-linked securities which is set to mature in early 2032, according to a filing to the Hong Kong Stock Exchange. Securities […]

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