Tag Archives: ASEAN

ASEAN mid-class to spend more on fashion items–survey

(Source: Sunstar.com.ph | November 30, 2018) According to a recent survey, middle class in southeast Asian cities particularly in Jakarta, Kuala Lumpur and Bangkok, are willing to spend more money on fashion items over the next two years, The survey was conducted by Hong Kong Trade Development Council (HKTDC) and it reported that fashion took the third place in terms ...

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Wilcon Depot wins best retail service at the ASEAN Business Awards 2018

Home improvement and construction supply company, Wilcon Depot, Inc., one of PRA’s members, has recently bagged the ASEAN Best Retail Service Category at the ASEAN Business Awards last November 12, 2018 at The Ritz-Carlton, Millenia Singapore. Launched in 2007 by ASEAN BAC, the Awards acknowledge and recognise outstanding ASEAN businesses that have shown significant progress in establishing and reinforcing their ...

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Policy changes in Myanmar and the Philippines could boost retail market–Colliers

(Source: The Business Times | October 26, 2018) Moves by the authorities to open up Myanmar and the Philippines to more foreign investment are expected to give the retail sector a lift, according to real estate consultancy Colliers Q3 Asia market report. Government initiatives have reinforced growth in Myanmar’s retail and business hotel markets, while the liberalization has piqued the ...

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Philippine Retailers Association supports LMA in Bangkok

Philippine Retailers Association (PRA) President Atty. Paul A. Santos speaks during the opening of the Last Mile ASEAN (LMA) Conference and Expo on September 28, 2017 at BITEC in Bangkok, Thailand. The two-day event powered by E-Commerce Logistics Show is the only dedicated fulfillment event covering supply Chain, operations, e-Commerce, logistics, parcel and delivery for multi-channel retail industry. . It ...

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Golden ABC bagged award at the 10 Asean Business Awards

(Source: Philstar/Sunstar | September 6, 2017) Bernie Liu, chairman and CEO of Golden ABC, Inc., and concurrent Vice chairman of Philippine Retailers Association (PRA) was awarded for Priority Integration Sector Excellence Award for Retail during the 10th Asean Business Awards on September 6, 2017 at the Solaire Grand Ballroom. Golden is the company behind retail brands Penshoppe, Oxygen, Regatta, For ...

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PRA recognizes logistics’ importance in retail business

Philippine Retailers Association (PRA) President Paul A. Santos recognized the importance of having a seamless and organized logistics system in retail business during the E-com Logistics Show in Bangkok, Thailand on April 27, 2017. In his welcome remarks, President Santos said the PRA knows that the role of logistics is important in the quality and availability of supplies in the ...

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Malaysian mall owner woos Philippine retailers

(Source: BusinessWorld | 24 January 2017) A malaysian mall owner is trying to attract Philippine retailers offering American-style fastfood and lifestyle clothing to set up shop in the Southeast Asian country. Officials of the Kuching-based Plaza Merdeka visited Manila anew last week to meet executives from Suyen Corp. and Golden ABC, Inc., owners of Bench and Penshoppe, respectively, and fastfood giant ...

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Index Living Mall goes for Asean leadership

(Source: The Nation | January 28, 2016) Index Living Mall, a top retailer of home-furnishing products, yesterday announced its 2020 vision to extend its leadership outside Thailand and into Asean. The vision is in line with urbanisation in the region, which has shifted Asean consumers towards a more modern lifestyle, including the way they buy and use home-furnishing products, as well ...

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SSI Group scouting for ASEAN brand acquisitions

(Source: The Manila Times, by Kristyn Nika M. Lazo | Aug. 26, 2015) On a roll in expanding its luxury retail brands, Tantoco-led SSI Group Inc. has set its sights on acquiring more brands in the Association of Southeast Asian Nations (Asean) region. “We continue to seek brands and suppliers that manufacture within the Asean region that would allow us to ...

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Retailers consider shifting imports to Indonesia’s free-trade partners

(Source: Retail in Asia, The Jakarta Post | Aug. 4, 2015) A number of retail companies are reviewing the possibility of increasing imports from Indonesia’s free-trade partners to compensate import tax rises recently imposed by the government. Trisula International president director Lisa Tjahjadi said last week that her firm would look into countries that have signed free-trade agreements with Indonesia ...

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