Latest

Vingroup, Masan to form Vietnam’s biggest retail group

Vingroup, Masan to form Vietnam’s biggest retail group

Vietnamese business giant Vingroup has agreed to merge its retail and agriculture unit with Masan Consumer Holdings, aiming to form Vietnam’s biggest retailer. The deal has the effect of spinning off Vingroup’s retail assets into a new company in which it will hold a minority stake, freeing Vietnam’s largest privately-owned […]

by December 11, 2019 0 comments Asia
Breitling opens new concept store at Hong Kong airport

Breitling opens new concept store at Hong Kong airport

Swiss luxury watchmaker Breitling has opened a new boutique at Hong Kong International Airport. The new outlet features the brand’s industrial loft concept, inspired by mid-20th-Century interior design. The boutique is located at the departure level of Terminal 1 East Hall at HKIA. “We especially opened our new boutique at […]

by December 11, 2019 0 comments Asia
Amazon Web Services Puts Mahindra Electric In Top Gear

Amazon Web Services Puts Mahindra Electric In Top Gear

With India planning to replace a significant portion of its conventional internal combustion engine fleet by electric vehicles (EV) in the next decade and target 30 percent of all cars on the road to be EVs by 2030, the segment leader Mahindra Electric is witnessing a robust uptick for its […]

by December 11, 2019 0 comments Asia
BMW India Launches New ‘BMW Smart Repairs’ Across Its Service Network

BMW India Launches New ‘BMW Smart Repairs’ Across Its Service Network

BMW India announced the introduction of ‘BMW Smart Repairs’ across its service network in the country. According to the company, the new repair service will ensure faster repairs and a reduction in cost for small and medium-size repairs. Targeted repairs without having to replace bigger parts will be carried out […]

by December 11, 2019 0 comments Asia
HSBC Brings Clients to Borneo

HSBC Brings Clients to Borneo

HSBC Jade invited clients to a trip traditionally reserved for senior staff and private banking clients to promote climate change awareness. The HSBC Sustainability Expedition was based in Malaysian Borneo where clients ventured into the Danum Valley’s rainforest encountering various animals including orangutans, Borneo pygmy elephants, flying squirrels and gibbons. The […]

by December 11, 2019 0 comments Asia
Deutsche Bank Hires Tech Duo in India

Deutsche Bank Hires Tech Duo in India

Deutsche Bank hires a duo in India focused on overseeing and enhancing the bank’s technology, data and innovation capabilities. Dilip Khandelwal joins as the bank’s managing director and head of technology centers. In his Pune-based role, he will oversee the bank’s tech centers globally to create «one, consistent strategy». In addition, Khandelwal […]

by December 11, 2019 0 comments Asia
AirAsia restaurant concept brings its inflight menu down to earth

AirAsia restaurant concept brings its inflight menu down to earth

A new AirAsia restaurant opened in a Kuala Lumpur shopping mall is serving inflight meals on the ground. The Malaysian-headquartered budget carrier has opened its first restaurant Santan and T&CO in Kuala Lumpur, marking its footprint in the retail food business. More outlets are already being planned along with an […]

by December 11, 2019 0 comments Asia
Shake Shack to double down in Singapore, Philippines

Shake Shack to double down in Singapore, Philippines

Fast-food chain Shake Shack has announced new outlets in Singapore and Manila after enjoying early success with its debut stores in the two Southeast Asian cities. In Singapore, the US fast-food chain is bringing what it describes as its “design-driven restaurant” concept to Singapore’s CBD next year after its successful […]

by December 11, 2019 0 comments Asia
Central bank cuts compulsory reserve interest rates

Central bank cuts compulsory reserve interest rates

The State Bank of Vietnam (SBV) announced Monday it has lowered the interest rates on compulsory reserves at banks by 0.4 percentage points. The new compulsory reserve interest rate has been reduced to 0.8 percent per annum for dong deposits, down from 1.2 percent prior. This change came into effect […]

by December 11, 2019 0 comments Asia
Qualcomm unveils world’s biggest fingerprint sensor for smartphones

Qualcomm unveils world’s biggest fingerprint sensor for smartphones

Qualcomm was the first company to introduce an under-display ultrasonic fingerprint scanner, the 3D Sonic Sensor, the same piece of technology that’s now embedded under Samsung Galaxy S10’s stunning display. Fast forward one year and the US company  an upgrade to its last year ultrasonic fingerprint scanner, the 3D Sonic […]

by December 11, 2019 0 comments Asia