President Moon Jae-in proclaimed a “Korean New Deal” on 22nd April to create jobs in the wake of the coronavirus outbreak.…
Major social events in Hong Kong cancelled
Three of the biggest fashion and social events in the Hong Kong calendar, including luxury brand Chanel’s cruise show, have been cancelled because of anti-government protests.…
Hong Kong protests and retail: protest to be held in Harbour City canceled
The US government has escalated its travel advisory to Hong Kong following weeks of social unrest in the city.…
Who is driving sales in Singapore?
Singapore is Asia’s Monte Carlo, a playground of the wealthy.…
Hong Kong protests and retail: what’s new?
Hong Kong’s financial chief should announce an HK$8,000 (US$1,024) cash handout for all residents to boost local consumption and retail after the recent mass protests, a prominent pro-establishment la…
China’s 300-billion Daigou business: What’s next after the government crackdown?
As aftershocks of the clampdown on Daigous continue to reverberate through the luxury shopping community in China, e-commerce platforms are rising to fill the gap.…
Singapore to help SMEs compete in the global marketplace
Finance Minister Heng Swee Keat’s Budget 2017 has placed a strong emphasis on helping businesses stay competitive and grow in an increasingly global marketplace.…
China hikes tax on “super cars”
China will impose an extra 10 per cent tax on super cars and other luxury models costing 1.3 million yuan ($188,852) and above in a bid to rein in lavish spending and to reduce emissions.…
China approves 16 duty free arrivals shops
China’s Ministry of Finance has approved applications to open 16 duty free arrival shops in 10 international airports and at six land border crossing points, introducing limited competition to…
How to tap into China’s booming activewear market
China’s activewear market is booming. From 2014 to 2015, China’s sportswear market grew from $23.9 billion to $26.6 billion, according to Euromonitor.…