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As South Korea experiences an intense summer marked by unprecedented heatwaves and monsoon downpours, there’s been a noticeable uptick in customers choosing to spend their leisure time indoors. This trend, known as “mallcations,” is resulting in a significant…
As the sun dipped below the skyline, transforming Tsim Sha Tsui into a lively tableau of lights and sounds one Friday evening in mid-June, a curious scene unfolded at Prince Beef Brisket and Offal Noodles. While the neighborhood hummed with the excitement of…
In an era marked by rapid change in consumer behavior, Asia’s retail landscape is poised for significant evolution as technology and sustainability become pivotal themes. As retailers across the continent adapt to shifting demands and preferences, those…
Park Silom, a premium mixed-used complex in the heart of prime Bangkok’s CBD Silom, is a collaboration between Nye Estate, Minor International and Siam Piwat. Synergizing their prestigious expertise, the three forefront developers are driving Park Silom into…
Malaysia has made impressive strides in the realm of global economic competitiveness, climbing 11 spots to secure the 23rd position in the 2025 World Competitiveness Ranking—the country’s highest ranking since 2020. According to the Ministry of Investment,…
Artificial intelligence (AI) has shifted from being merely a competitive advantage for businesses to an essential cornerstone of national security and economic prosperity. In response, nations around the globe are crafting robust strategies to boost their AI…
Increasingly, consumers in South Korea are choosing eco-friendly agricultural products, but a key obstacle to wider adoption remains: high prices. This was revealed in a recent government survey. The Ministry of Agriculture, Food and Rural Affairs disclosed…
According to a comprehensive 2025 survey conducted by HSBC, over a third of Asian companies are shifting their trade focus towards South Asia and Europe, while more than a quarter are scaling back their dealings with North America. The poll, encompassing over…
New products and bold ideas often come with risks that retailers don’t fully anticipate. A single product failure can quickly spiral into customer backlash and lasting brand damage. What happens when something goes wrong after a sale is made? How do companies…
Vietnam’s retail landscape is flourishing, driven by a burgeoning middle class and a spirited demand for both online and in-store shopping experiences. As e-commerce is projected to soar to an impressive US$50 billion by 2025, it’s clear that physical retail…
The landscape of online search is undergoing a seismic shift. According to a recent report from Bain & Company, strikingly, about 60% of searches now conclude without a single click. This statistic reflects a growing reliance on AI-generated results, with…
The initial quarter of 2025 has proven challenging for South Korea’s department store sector due to a slow down in local consumption that has greatly affected sales and profits. Lotte Department Store stood as the exception, recording a significant growth in…
In a landscape marked by global market shifts, Vietnam’s gold prices remain resilient, hovering near historic highs. As consumer demand continues to shape this precious metal’s valuation, local investors are navigating a dynamic market climate. Steady Gains…
Retail Associations Urge Australian Government to Tackle Industry Challenges as New Term Begins As the Albanese government embarks on its new term, the Australian Retailers Association (ARA) and the National Retail Association (NRA) are calling for immediate…
Retail sales in Hong Kong experienced a notable decline in March, dropping by 3.5% year-on-year to a provisional total of HKD 30.1 billion, according to the latest report from the Census and Statistics Department. When adjusted for inflation, the decrease in…
On Monday, Vietnam’s benchmark VN-Index saw a modest drop of 0.20%, closing at 1,226.8 points. This decline marks the index’s lowest trading activity in over two weeks, reflecting a period of cautious investor sentiment. Highlighted Trends in Trading Volume…
