Although many Indonesians prefer to shop at traditional retailers, a rapid expansion in modern retail outlets is continuing partly fueled by the sharp increase in the number of minimarket outlets, a r…
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Report: 2011 Retail outlook
Many retailers spent 2010 restructuring and integrating their internal processes. With the worst behind them, 2011 looks to be a more optimistic year. Growth and expansion, IT spending, social media, …
Taiwan exports grew strongly, inflation picked up in Feb
Taiwan’s exports rose strongly in February while inflation also picked up, suggesting the economy remains resilient enough for the central bank to continue to raise interest rates at a moderate …
No silver lining for Japanese economy
The flawed thinking emerges right on cue after every earthquake, flood or other natural disaster when economists put pen to paper, or input into model, to calculate the effect.
First comes the hit to …
Singapore retail sales drops 2.9pc in Jan
Retail sales in Singapore, on a seasonally adjusted basis, decreased 2.9 percent in January 2011 compared to December 2010. Excluding motor vehicles, retail sales went up 1.6 percent, according to the…
Manufacturing, price pressures on the rise in Asia
Manufacturing in Asia continued to expand at a fast rate, while inflationary pressures increased further in January, as surging prices of oil, copper and other commodities add urgency to Asian authori…
Radiation fears cause rush for Japanese milk formula in HK
Customers in Hong Kong queued to buy Japanese milk formula and other food products on Tuesday in a rush to beat the potential effects of radiation contamination.
About 700 people lined up ou…
Vietnam gets tough on black market currency trade
Vietnam is cracking down on unauthorised trading in US dollars in an effort to bolster the country’s dwindling foreign reserves and restore confidence in the local currency, the latest attempt t…
Farmers globally must be weaned off using oil for production
Reducing farmers’ dependence on oil will be key to feeding the world’s rapidly expanding population in the face of climate change and rising fuel prices, the United Nations’ special …
The rise of inland China
Recently, China claimed runner-up to the United States as the world’s second largest economy, finally beating out Japan for economic second place. Its rapid growth and huge population – 1.…