Retail in Asia

Global hotel prices drop 14 percent

Hong Kong hotel prices have posted double-digit falls as Asia-Pacific destinations become more affordable to travellers.
The average price of a hotel room around the world fell by 14 percent in 2009, …

Australian economy bounces back

Australia’s economy grew at its fastest quarterly pace in almost two years in the fourth quarter of 2009, confirming its place as one of the strongest growing countries globally and ramping up p…

Engineered luxury

Porsche Design, a subsidiary of the luxury carmaker, recently established a new Indian outlet in Delhi’s Emporio Mall – its 100th store globally. The brand of high-end, minimalist-design a…