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The China-US trade war and unseasonably warm winter have been blamed for Giordano sales falling 11 percent in the first half of the year. Profit for the Hong Kong-headquartered apparel retailer was impacted even more, dropping 36.6 percent to HK$161 million…
Alibaba executive chairman Joe Tsai told analysts the company’s position as “China’s number-one platform for overseas brands” puts it on the right side of the trade war between the US and China. While discussing the group’s recent full-year results, which saw…
As e-wallets gain popularity in the region, credit cards are fighting back in a push to stay relevant through rewards, reduced fees, and improved customer experiences on digital and mobile. 2019 is a key year. This may be the year when mobile payments are…
Cybercriminals are using insiders to gain access to telecommunications networks and subscriber data, recruiting disaffected employees through underground channels or blackmailing staff using compromising information gathered from open sources. This is among…
PT Yamaha Indonesia Motor Manufacturing (YIMM) and PT Astra Honda Motor (AHM) have been suspected of involved in motorcycle cartel practice. The suspicion was raised after an investigation conducted by the Commission for the Supervision of Business…
A price war has erupted in Singapore for the first time in four years, as operators seek to stay competitive by lifting their data allowances. SingTel recently introduced a new add-on plan giving customers the option of doubling their mobile data allowance…
