Tag Archives: Asia Pacific

SM China wins ICSC Asia-Pacific Gold Award

(Source: smsupermalls.com | October 25, 2018) SM China was awarded “2018 ICSC Asia Pacific Shopping Center Gold Award for Marketing Excellence –Emerging / Digital Technology” at the ICSC RECon Asia-Pacific Conference in Kuala Lumpur, Malaysia. SM City Xiamen and SM Xiamen Lifestyle Center have brought a whole new emotions expressing plan “City Bubble” to their customers, provided citizens with creative ...

Read More »

PRA Vice Chairman Formoso appointed WRC Ambassador for Asia Pacific

(Source: Manila Bulletin | October 13, 2018) Philippine Retailers Association and Federation of Asia Pacific Retailers (FAPRA) Vice Chairman Lorenzo C. Formoso was recently appointed as World Retail Congress (WRC) Ambassador for Asia Pacific. Vice Chairman Formoso has previously served as President and Chairman of the PRA, and as Chairman of FAPRA from 2015-2017. As FAPRA Chairman, he presided over ...

Read More »

MSMEs rely on e-commerce to boost export receipts

(Source: Business Mirror | August 30, 2018) Philippine micro, small and medium enterprises (MSMEs) are now heavily relying on e-commerce to boost their export performance and are banking on the new platform to expand their market, an independent study said. A research, titled “Global is the New Local: The Changing International Trade Patterns of Small Businesses in Asia Pacific,” reported ...

Read More »

Asia, Oceania drive records for Fast Retailing sales and profit

(Source: Inside Retail Asia | January 12, 2018) Uniqlo parent Fast Retailing has reported a record first quarter profit as international sales eclipsed its domestic revenue for the first time. While Fast Retailing sales in Japan rose 8 per cent to 257 billion yen (US$2.31 billion) for the first quarter ended November, overseas sales surged 31 per cent to 258.2 ...

Read More »

Social media top investment in Hong Kong

(Source: Retail in Asia | August 30, 2017) Adobe’s 2017 Creative Pulse research surveyed more than 5,000 creative and marketing professionals and examined the role of design and creativity in businesses transformation across Asia Pacific (APAC). Markets surveyed include Hong Kong, India, Australia, New Zealand, Korea, Southeast Asia, Taiwan and China mainland. Among them, 571 respondents were from Hong Kong. ...

Read More »

Firms in Asia fret about political uncertainty, sluggish demand

(Source: Businessworld | 15 December 2016) Confidence in Asia toward business conditions over the coming six months dropped this quarter to its lowest level in a year as firms fretted about sluggish demand in a persistently low-growth economic environment, a Thomson Reuters/INSEAD survey found. Firms also flagged political uncertainty as a key near-term risk, including that brought by the election ...

Read More »

Lower rents drive more luxury brands and high street retailers to enter Asia-Pacific

(Source: Retail in Asia | November 20, 2015) Lower rents caused by weak retail sales and slowing in tourist numbers in China are driving more international luxury brands and high street retailers to march into Asia-Pacific, a new report of DTZ/Cushman & Wakefield said on Wednesday. High-profile international retailers are targeting Australia, New Zealand as well as Metro Manila, the ...

Read More »

Asia leading in cross-border eCom

(Source: Inside Retail Asia | Aug. 28, 2015) The Asia-Pacific region could by 2020 account for half the world’s cross-border eCommerce trade. Already the world’s largest market for online retailing, the rapid growth of online shopping in China alone is driving strong growth in cross-border purchasing – where consumers buy products online from other countries for shipping home. According to ...

Read More »

Pay hikes in Asia-Pacific seen in 2015

(Source: Chinapost | August 18, 2015) Salaries across Asia-Pacific are expected to increase by an average of 7.3 percent in 2015, with wages in the Philippines expected to rise by 6.5 percent, a recent labor market study showed.”Asia-Pacific’s emerging markets continue to lead the world in terms of real wage growth, with salary increases just 10 percent lower than pre-financial ...

Read More »

Manila among ‘top target cities’ of retail brands

(Source: By  Jon Carlos Rodriguez | ABS-CBNnews.com | June 22, 2015) The Philippine capital is among the top target cities for expanding retail brands, a recent study by a real estate services firm showed. The study released by real estate advisory services group CBRE, titled “How Global is the Business of Retail?,” said Manila had 24 new retailers in 2014. ...

Read More »
Copyright @ 2014 Philippine Retailers Association. | Powered by MediaBlast Digital Corp.