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The increased activity in Singapore’s retail sector hints at a bottoming out of rents by the end of this year or early next year, Knight Frank’s research team said in a report published on Friday (Oct 16). Overall retail rents are expected to fall by 10-15…
Japan has for years been one of Vietnam’s four largest economic partners, with their bilateral trade rising to nearly $40 billion last year. Lees ook: Manulife in upbeat mood after first half surge Cooking exhibits drive late night time retail gross sales Tim…
The improvement came on the back of the phased re-opening of the economy, following the «circuit breaker» that was implemented between April 7 and June 1, 2020. Singapore’s gross domestic product (GDP) in the third quarter of 2020 grew by 7.9 percent from the…
The world’s most expensive retail strip is likely to endure another six months of industry slump as shop owners struggle to replace premium tenants amid Hong Kong’s deepening recession. Global brands from Prada to Rolex and Victoria’s Secret have in the past…
Everything was delayed due to the COVID-19 pandemic this year, including Amazon’s huge sale known as Prime Day. Typically, Amazon Prime Day takes place in July, but this year, due to obvious reasons, the sale was reportedly delayed for October. The initial…
The Singapore-based digital wealth engagement solutions provider has its sights on the retail and affluent banking segments in Indonesia. New Wealth has inked a strategic partnership with digital engineering firm HAXtech to distribute its solutions to banks,…
Japan’s retail recovery continued to proceed slowly during August following the largest recorded single-quarter sales decline in the nation’s history. According to the country’s Cabinet Office, the national real gross domestic product for April to June fell…
Techsembly, a Singapore technology startup, is securing clients worldwide after developing a Software-as-a-Service platform allowing businesses to replicate a curated and customized in-store shopping experience online. The three entrepreneurs who founded…
The tightening of social-distancing regulations helped fuel a 23.1-per-cent decline in Hong Kong retail sales in July. Nevertheless, the decline was sharper than expected given July last year was the first full month when retail was affected by the outbreak…
Vietnam led Southeast Asia in the number of phishing attacks targeting small enterprises in the first half of this year. There were more than 1.6 million attacks on small and medium-sized enterprises with 50-250 employees in the region, up 39 percent from the…
China’s retail sales slipped in July, dashing expectations for a modest rise, as consumers in the world’s second-largest economy failed to shake off wariness about the coronavirus. Meanwhile, the recovery in the factory sector struggled to gain momentum.…
Indian retail sales figures reflect signs of recovery in the nation’s economy, even as the overall number shows a massive drop against last year due to the impact of the coronavirus pandemic. The Retailers Association of India (RAI), in the fifth edition of…
Savvy Southeast Asian consumers are shop-hopping across an average of 5.2 online sites before making a purchasing decision, up from 3.8 sites last year. The insight is among those unveiled by a new joint Facebook and Bain & Company report that shows digital…
Vietnam’s retail industry continued to recover after the March lockdown to fight Covid-19, with a 4.3-per-cent increase year on year in July’s retail sales. However, after being virus-free for more than three months, Vietnam is now facing the second wave of…
Hong Kong retail sales in June slumped by 24.8 percent to US$3.42 billion as the territory’s borders remained all but closed to tourists due to the Covid-19 pandemic. The decline was lower than in May when sales were down 32.9 percent year on year and the…
Lush has taken a positive approach to its future in Hong Kong following the closure of its Central flagship store at the end of last month. But it has criticized the city’s landlords generally for failing to share the burden of a decimated retail market in…
