News

APAC retail rents to rise gradually as travel rebounds: report

Landlord strength is evident in markets such as Taipei, Bangkok, Singapore, and Vietnam.

APAC retail rents to rise gradually as travel rebounds: report

Landlord strength is evident in markets such as Taipei, Bangkok, Singapore, and Vietnam.

Chinese consumers prioritise entertainment and relaxation in retail choices: report

The nation’s retail sector witnessed a robust recovery in tourism, film attendance, and the performing arts in 2023.

Retail investment in Australia soars to $2.6b in Q4 2023

Regional and sub-regional centres attracted over half of retail investment volume in 2023.

Central Pattana launches Central Nakhon Pathom

The project aims to boost the city's potential as a central hub linking the western region of the country.

Singapore grants Vow approval to sell cultured quail meat

The product, Forged Parfait, will launch on 12 April at the Mandala Club.

Luxury brands lead ESG push in China's retail sector

They accounted for 66% of all LEED-certified retail spaces in 2023.

Coffee and tea shops in SG set for 1% CAGR through 2025

In 2023, such shops recorded a sales value above US$200m.

Korean fashion brand Layer signs exclusive licensing deal with Marithé François Girbaud

Marithé François Girbaud’s rebranding in Korea led to $74m in sales.

Embedded finance boosts inclusion for APAC's unbanked

Digital IDs and credit solutions target financial accessibility.

Taylor Swift's concert boosts Australian retail sales by 0.3% in February

The clothing, footwear and personal accessories sector saw the biggest growth.

IPPG and China Duty Free to open 3 duty-free outlets in Vietnam

This first store will open in Quang Ninh Province this year.

Ajinomoto Philippines switches to 100% renewables in manufacturing facility

It is achieved through the government’s Retail Competition and Open Access Programme.

VinFast opens first dealership in Indonesia

It is also planning for further expansion across major cities in 2024.

APAC foodservice spending hits $1.3b

Consumer foodservice spending in the region is projected to return to pre-COVID levels in 2024.