Category: General

Retail News Asia is committed to providing both local and global retailers with the latest General Retail news throughout the Asian market. This on a daily base.

  • Vietnam to cap coal exports at two mln tons in 2022

    Vietnam to cap coal exports at two mln tons in 2022

    Vietnam will cap its coal exports at 2.03 million tons this year, according to the Ministry of Industry and Trade.
    That represents a 22.5 percent increase from last year’s 1.55 million tons. But Vietnam also imported a lot of coal and its net exports were 50,000 tons.

    The ministry said coal exporters must first ensure there is adequate supply for domestic use.

    There are two coal exporters, Vietnam National Coal and Mineral Industries Group and Dong Bac Corporation, both state-owned.

    On the global market, coal prices reached a 14-year high of US$401 per ton Wednesday, driven by the effect of the Russia-Ukraine conflict on supply.

  • Amazon to close physical bookstores

    Amazon to close physical bookstores

    Amazon is closing most of its physical stores, the company announced today, with all 68 of its Amazon Books, Amazon 4-Star, and Amazon Pop Up locations across the US and the UK set to close while the company refocuses on its grocery and fashion stores.

    Amazon Books was one of the primarily online storefront’s first physical retail experiences when the first location opened in Seattle in 2015. Amazon has since expanded to 24 bookstores across the US, all of which are now slated to be closed down.

    The company would go on to expand its retail efforts with Amazon 4-Star in 2018, with a more generally focused store that sold products with a four-star or higher rating curated from Amazon’s digital storefront, along with — of course — Amazon’s own first-party products (including Echo, Kindle, and Fire TV devices).

    Amazon Pop Up stores, on the other hand, were smaller, more focused mall experiences that offered to rotate themed products (March is a printer collaboration with Brother, for example).

    All of Amazon’s retail locations, however, helped serve as a physical contact point to return Amazon products, in addition to offering lower prices and perks to Amazon Prime subscribers.

    The news isn’t entirely shocking: Amazon’s retail ambitions have largely felt like small-scale trials compared to the massive scale of its online operations. And, the company’s physical locations have performed far worse than its digital storefront in recent years.

    Amazon isn’t exiting brick-and-mortar stores entirely. The company will continue to operate its Amazon Fresh and Whole Foods grocery stores, as well as its Amazon Go convenience stores. Amazon’s experimental “Amazon Style” clothing store is also sticking around, too.

    Amazon has yet to say when exactly it’ll be closing up its physical shops, although Reuters reports that timing will vary from store to store.

  • Vietnam gold prices surge to new peak

    Vietnam gold prices surge to new peak

    Vietnam gold prices rose to another new peak Wednesday, continuing its climbing trend in recent weeks as the Russia-Ukraine tension remains high.

    The state-owned Saigon Jewelry Company (SJC) sold its gold at VND67.4 million ($2,951.61) per tael Wednesday, up 1.35 percent from Tuesday. A tael equals 37.5 grams or 1.2 ounces.

    Phu Nhuan Jewelry raised its gold up by 1.05 percent also to VND67.4 million.

    Global rates slipped marginally to $1,941.46 per ounce Wednesday from the one-year high Tuesday as investors continued to seek the safe-haven assets as U.S. and Europe put more sanctions on Russia for attacking Ukraine.

    Vietnam was Southeast Asia’s largest gold bullion and coin market last year and among the top 10 globally.

    The demand in the country exceeded 31.1 metric tons compared to 28.7 tons in Thailand and 19.8 tons in Indonesia, according to the World Gold Council.

    Gold continued to be the top asset class for 72 percent of Vietnamese investors, the WGC said citing a study of 2,000 investors last year.

  • Airlines resume hiring as they embark on recovery

    Airlines resume hiring as they embark on recovery

    Bamboo Airways, Vietjet and Vietravel Airlines have started hiring again after an extended recruitment freeze due to Covid-19. Bamboo Airways has posted hiring announcements for many positions, including pilots, flight engineers and cabin crew aid plans to expand its fleet and destinations.

    The airline is offering captains a monthly salary of US$13,300 for flying wide-body Boeing 787s and $10,450 for narrow-body Airbus and Embraer jets, which are higher than pre-pandemic levels. Nguyen Ngoc Trong, its deputy general director, said the carrier is seeking permission to expand its 30-strong fleet by five to 10 aircraft each year.

    It operated at maximum capacity during the nine-day Tet, or Lunar New Year, holidays in early this month, and plans to launch new services to the US and Europe in the second quarter of this year, he added.

    Budget airlines Vietjet has also posted notices seeking captains and co-pilots for Airbus A320Fs and A330s.

    Vietravel Airlines is hiring pilots for its Airbus A320/A321 fleet as well as cabin crew.

    Representatives of Vietravel Airlines said the recruitment is to “ready for the expansion of the fleet” and “launch new routes to northeast and southeast Asian nations in the third quarter.”

    But human resources could be scarce this year as airlines resume hiring after their Covid-19 woes, they added.

    Vietnam has resumed commercial flights to 20 of 28 countries and territories that it operated direct flights to before the pandemic.

    The country also ended all restrictions on international flights on Feb. 15.

    From March 15, Vietnam will reopen inbound and outbound tourism under new normal conditions, with foreign tourists allowed to visit the country without booking tour packages.

    In the best case scenario, Vietnam’s aviation industry would transport 42-43 million passengers in 2022, or around 50 percent of pre-pandemic numbers, Bui Minh Dang, deputy head of the air transportation department at the Civil Aviation Authority of Vietnam, said.

  • If you receive a Facebook email for enabling Facebook Protect, don’t worry

    If you receive a Facebook email for enabling Facebook Protect, don’t worry

    If you receive an email or have recently received an email from Facebook telling you to enable Facebook Protect, or you will be locked out of your account, don’t worry. The email is indeed from Facebook, and it isn’t a phishing attempt, as many have thought. Facebook recently began sending such emails to some of its users. Facebook Protect is an additional level of security for higher-risk accounts like journalists and activists, and is currently available only for some users.

    In the email you received or may receive, Facebook requires you to activate Facebook Protect before/by March 17, 2022. Facebook further explains that it wants you to enable Facebook Protect because your account ‘has the potential to reach a lot more people than an average Facebook user,’ and, because of that, you might become a target for hackers. As the email says, “Hackers are often motivated to attack accounts that have a lot of followers, run important Pages, or hold some community significance.”

    Because many people thought that the Facebook Protect emails were phishing attempts, Nathaniel Gleicher, Meta’s head of security policy, confirmed in a tweet that the emails were indeed coming from Facebook. He said, “Confirming that it’s an enrollment notice from us.”

    As to why Facebook sends emails that make you enable Facebook Protect, Gleicher stated, “Because this is mandatory for highly targeted users like journalists, activists, etc., we’re also sending notices off-platform to the people who may not use the platform as often so they don’t miss the notice and lose access to Facebook.”

    The Facebook emails contain a link that, when clicked, takes you to the Facebook Protect setting. But, although it has been confirmed that these emails are coming from Facebook, you may not want to click on any links, just for safe measure. If you’ve received such an e-mail, you can go to the Facebook app and then go to Settings & Privacy. After that, click Settings and go to the settings within Facebook “Settings & Privacy,” then click “Settings,” and after that, “Security and Login.” Find Facebook Protect and click “Next,” and follow the on-screen instructions until the process is completed.

  • Why You Should Read Online Casino Reviews

    Why You Should Read Online Casino Reviews

    You should research online casino reviews before deciding whether or not to bet online. If you’re new to online gambling, the stakes may be a little greater. But let’s say this is your first time playing a casino online game on your home computer. In such instances, you should rely on folks who have been there and done that, especially if they know what they’re talking about.

    Online casino reviews are a terrific approach to learn about the terms and concerns of a new online casino in Thailand. It will also assist you in determining if it is worthwhile to gamble with a casino online that you have never heard of before, even if the reviews are positive.

    Customer Service

    Online casino at TopCasinos777.com evaluations frequently reveal whether or not the customer service is as fantastic as they claim. You can’t afford to squander your time on a website with poor customer service. Some people spend as much time and energy online gambling as they do at their careers, and they can’t afford to waste too much of it dealing with difficulties like these.

     The reviews will inform you how effective its customer service is, which is critical for any casino. It demonstrates how well they reply to emails, phone calls, and other messages from gamers. Simply put, it is an important aspect of the whole online gambling experience for gamers.

    Player-Friendliness and Security

    You may also come across online casino reviews that indicate whether or not their sites are user-friendly. You must be able to trust a site, and it must make you feel secure while you are on it. Reviews will inform you whether or not it is a good site for you.

    It should also be simple to operate. There are several things that might go wrong when you first begin using a website, and it must function properly from the start. Before you start gambling online, be sure to perform a malware scan on your computer. This assists in resolving issues that may emerge when playing real money online casino games.

    Reviews should also say something about the site’s legality. For example, Thailand’s online casino scene is in hot water right now as the country’s strict laws on physical gambling, which is quite vague on the online ones.

    Software and Software Providers

    More and more online casinos are switching to software that is well-known in the business. It takes more than a few individuals to create a decent online casino; there is also a lot of labor involved in everything that happens with each site. You should talk to software vendors and find out what they have to say about the sites they deal with.

    You want to ensure that you receive the best possible gameplay. It’s one thing to be able to have fun, but a decent online casino should feature cutting-edge software.

    Reviews From Other Players

    Another advantage of reading reviews is getting input from other gamers. These individuals share their knowledge of the casino and how effectively it functions with other gamers and gamblers. They will offer you a solid indication of what you may expect from particular online casinos. It also informs you of similar worries shared by other gamers. 

    Examine some of the greatest online casino reviews to determine whether they agree with the facts you discovered on your own. Keep in mind that this is just as essential as any other element to consider when deciding whether or not to play.

    Random Number Generators

    Online casino reviews in Asia can also help you learn about the random number generators used by casinos, which will allow you to increase your odds of winning. This is especially significant for big rollers who want to achieve a lifetime gambling record with a single game. If the casino’s RNGs are down, it’s likely that this is your last opportunity to win.

     RNGs employ software that ensures you never acquire the same winning combinations twice in a row. This is especially helpful for those who don’t have a lot of free time. If you have the same lucky streak as the previous time, you may be more tempted to start betting higher and higher.

     

  • Coding For Kids: The Ultimate Guide For Parents

    Coding For Kids: The Ultimate Guide For Parents

    Most children these days love computers and electronic gadgets. It wouldn’t be a surprise if coding (or computer programming) for kids would come in naturally as an interest or as a passion for them.

    Society has become more productive because of technology and it is but expected that coding for kids Singapore would be a perfect base for your children to learn this advanced skill and way of thinking which will equip them professionally for a lifetime.

    Most parents (who are themselves computer literate) have this hidden desire for their kids to be passionate about coding. In recent surveys, 90 percent of parents in the USA would want coding to be a part of the general school curriculum.

    Most parents of a generation ago have had this idea of devoting a life to computers which were just in their infancy but their own parents rejected the idea because they didn’t see that the programming revolution would take over the world.

    Now it’s their chance to see this desire passed down to their own kids.

    When your youngsters start to learn code at a very early age, you are setting them up to a life of professional and financial stability. As online learning becomes more the norm, almost all kids are amenable to the idea of learning coding through online classes after their traditional school hours or during weekends.

    Get ready because we are going to discuss why coding as part of your children’s computer literacy is so vital for them as they create lives of their own as they grow up.

    WHAT DO YOU MEAN BY CODING?

    If you think that coding would prepare your kids well for their future, you should understand it deeply.

    The other name for coding is programming. It is an elaborate process with both opportunities for creativity and routine to work hand in hand. The computer programmer, in this case, your kid, tells the computer to execute a specific task by writing workable scripts with the use of programming languages like Python or Java. In the future, expect more programming languages to be created and make your kid more excited to learn.

    Your child will give the computer instructions through a specific language which the computer understands. The computer then works on carrying out the command.

    There are a lot of possibilities with coding. Your kid can create games, websites, apps, software and even interactive digital content. It is an endless realm of potential which will come from the hearts and minds of your incredible kids! That’s why, if your child loves digital games and mind twisting games, it will be no problem to transform them into coders.

    IS CODING BENEFICIAL FOR YOUR KIDS?

    Definitely. Their minds are still malleable and open to be filled up, like a sponge. When they are exposed to the rudiments of coding at ages as early as 5, they have the advantage to critically evaluate for themselves scenarios, choose from different options, and create surprisingly effective solutions.

    Best of all, they learn to undergo failure and then attempt repeatedly until they can create coding that is productive and usable. In effect, they experience the trial and error process of getting up every they fall down (in this case, when their coding process is erroneous, they simply have to try again).

    When they’re very young when they start, especially at Maker Kids Camp in Singapore, the easier it will be for them to master the coding skill, no matter what new languages in the future come their way.

    AT WHAT AGE CAN YOUR KIDS START LEARNING TO CODE?

    Swiss psychologist Jean Piaget concluded that when children teach the age of 5 which is the preoperational stage, they begin to understand the world through mental symbols like words and pictures.

    If we stand by this theory, kids can learn coding by the time they are 5.

    Coding basics at the Makers Kids Camp in Singapore are simplified and even explained through games so that these young kids can understand the foundations of coding.

    CODING MAKES KIDS THINK LOGICALLY AND CRITICALLY

    There have been several studies that discovered the positive connection between coding and cognitive skills. Kids who have learned or acquired computer programming skills scored higher on cognitive ability exams than those who have little or zero coding experience.

    KIDS LEARN A SKILL CALLED DECOMPOSITION

    Decomposition is a process wherein the children are taught how to break down complicated problems into smaller and better to manage chunks so that they can write functional scripts. Kids will find this skill applicable when they confront hard to comprehend situations in the world.

    THE YOUTH LEARN PROBLEM SOLVING

    When they code, a problem is identified, then analyzed, created a workable solution. Then the said solution is tested and retested and revised until the problem is solved.

    In technical terms, the kids write, rewrite, troubleshoot, debug lines and lines of code until they get the program working right and productively.

    CODING ENHANCES BOTH CREATIVITY AND FOCUS

    Coding has a reputation of being a routine activity and not aligned with creativity because it is methodical and process oriented.

    But that is far from the truth and true blooded programmers can attest to that. This is especially true when the kids create programs from scratch.

    Think about it. How else could kids create new digital games, apps, animation, websites and more if they don’t have innate creative skills which could be nurtured through coding?

    They are made to write down lines of codes or snap together blocks (note: block coding is an alternative form of coding for kids), but the actual idea came from depths of their imagination.

    But parallel to execution of their imagination, coding requires rigid focus so that all the details of the program are not neglected and infused directly so that the end result will be perfect.

    When kids acquire experiences from the real world or from other digital concepts, they piece them all together and unify them through the coding skills that they will learn from Maker Kids Camp in Singapore. The result is a new app, a brand new video game or an exciting animation – all unique results from the coding which the kids will work on. They make hypothetical ideas into workable coding masterpieces.

    CODING IS AN ALTERNATIVE OUTLET FOR THEIR UNIQUENESS.

    To express themselves, some kids paint, sketch, sing, draw, play a musical instrument, build things or indulge in sports.

    But some children excel in coding which can enable them to create digital and physical (like robots) products which express their own unique personality.

    EXAMPLE OF THE CHALLENGES OF CODING TO THE KIDS

    Let’s say for example your kids will be developing a video game. They are required to write code that will make their character do all kinds of movements.

    Walk forward, go backward, move from side to side, jump or crouch. The kids also need to write code so that the character can interact with the digital environment. Plus also code for the possible outcomes from that interaction. For examine, when the character drops an object or when the character bumps into a wall, etc.

    There is a lot of thinking involved. So, if the children don’t have the patience to analyze it through or to organize their thoughts, they may end up coding in fillers or bugs into their scripts.

    YOU CAN LEARN CODING WITH YOUR KIDS

    To make your kids feel secure, you can accompany them to the Maker Kids Camp for Coding.

    It will be a new learning experience for you too! Even though the children will want to feel that they are all grown up and independent, they will still always crawl up to you when they feel any insecurity.

    Most kids would prefer that you spend time with them in this challenging and fun endeavor. Coding would seem less daunting and less intimidating when they see in the premises people they trust like you.

    CODING IS A WORTHY INVESTMENT INTO YOUR KIDS’ FUTURE

    Even if your kids will not become professional computer programmers eventually, coding will still be a skill that is much valued in all kinds of industries. This is because, each sector will continue and will heavily rely on the internet and technology for their continue growth and your kids’ coding background will come in handy.

    Construction, medicine, finance, food, retail…all of them require a certain degree of programming knowledge and so your youngsters will have a distinct advantage over their peers who have no knowledge about it.

    There was a market analysis which concluded that coding skills paid an individual more than $20,000 more per year than people who don’t have the expertise. The same study concluded that coding jobs grew 12 percent more than other types of work available.

    Coding is rapidly becoming a required skill that is being given importance by employers when they announce job openings in their companies.

    Slots are fast filling up at the Maker Kids Camp in Singapore. Why don’t you give us a call or pay us a visit and see what coding can offer to your kids.

  • AirAsia partners with Avolon to create ride sharing platform in Southeast Asia

    AirAsia partners with Avolon to create ride sharing platform in Southeast Asia

    AirAsia has signed a non-binding memorandum of understanding to lease a minimum of 100 VX4 eVTOL aircraft from Avolon. The eVTOL aircraft is expected to enable AirAsia to further revolutionize air travel by providing advanced air mobility to a whole new range of passengers.

    In addition to the eVTOL aircraft, Avolon, through its investment and innovation affiliate Avolon-e, will partner with AirAsia to commercialize zero-emissions eVTOL aircraft and develop an industry-leading urban air mobility (UAM) platform in Southeast Asia. Avolon and AirAsia will form a working group to pursue local certification, research potential market opportunities and infrastructure requirements for UAM. AirAsia will also leverage its successful travel and lifestyle mobile app, the AirAsia Super App, to help support and build an eVTOL ride-sharing platform with Avolon.

    Tony Fernandes, CEO, Capital A, formerly AirAsia Group, commented: “Innovation has always been in our DNA and using technology to look at more efficient and sustainable ways of doing things is a core focus across Capital A (formerly AirAsia Group). We are now much more than just an airline with over 20 products and services on our super app leveraging off each other including flights, hotels, food, retail, delivery, ride-hailing and more. I am truly excited about this partnership between Avolon and AirAsia and the potential for zero-emissions ultra-short-haul air travel in Southeast Asia. The digital era is now. In the VX4, we have identified what we believe will be the eVTOL aircraft of choice and we are thrilled to be the launch airline for the aircraft in Southeast Asia. We are also delighted to extend our long-standing relationship with Avolon, which has a proven track record of delivering for its customers and is in sync with our goal to become the leading one-stop travel and delivery platform in Asean.”

    Dómhnal Slattery, CEO, Avolon, added: “Tony Fernandes is an aviation pioneer who has built AirAsia into one of the leading airlines in the world and has now also created Southeast Asia’s fastest-growing Super App anchored on travel. We are delighted to partner with AirAsia and share our vision of revolutionizing the future of air travel. We look forward to working with Tony, and the AirAsia team, on their eVTOL journey. Together we will develop a ride-sharing platform and bring the zero-emissions VX4 aircraft into service, positioning AirAsia as the operator of choice for sustainable air travel in the region.”

    In June 2021, Avolon ordered 500 VX4 eVTOL aircraft from Vertical Aerospace, valued at US $2 billion. Since announcing that order, Avolon placed 250 VX4 aircraft with Gol and Grupo Comporte in Brazil, up to 100 aircraft with Japan Airlines in Japan, and a minimum of 100 aircraft with AirAsia. As a result, Avolon has now placed up to 90% of its initial order book, underlining the demand for VX4 aircraft from the world’s leading airlines.

  • Safari on iPhone and iPad might soon get much needed quality of life improvements

    Safari on iPhone and iPad might soon get much needed quality of life improvements

    Who doesn’t love a well-made Dark Mode on their screen? But let’s be honest, not all websites have a decent one and what do we normally do in that case? Well, one option is to use your device’s internal Dark Mode feature.

    On iPhones and iPads, as with other phones and tablets, whichever of the two modes you choose is applied to all of the systems, apps, and therefore—websites.

    More specifically, the report states that new code was found inside WebKit, the browser engine powering Safari, indicating the app might soon get support for per-website Dark Mode. In other words, no matter the color scheme of a website or your device, you will be able to control in which of the modes (Light and Dark) said website appears.

    What’s more, an equally, if not even more useful feature has also been found inside the new code. Apparently, Apple is also working on a way to give users the ability to block modal pop-ups for specific websites. These pop-ups are usually disguised as system alerts with the aim to trick you into tapping on them.

    If it really comes to fruition, being able to block these pop-ups would serve as a welcome boost in security while browsing through Safari. In addition to that, Apple is also seemingly preparing a new API for managing “Cookie Consent.”

    All of the features mentioned above, however, have not been commented on officially by Apple in any way. For now, they have a “to be announced” status in the WebKit code. That said, Apple’s Spring Event is probably nearing, with WWDC following after, so it shouldn’t be too long for us to find out. There is some probability that the tech giant is saving those for the release of iOS 16.

  • 5 Benefits of Living in Dubai

    5 Benefits of Living in Dubai

    In the United Arab Emirates, more than 80% of the inhabitants are immigrants, but even now there are people in many parts of the world who are planning to move here. Local authorities are creating more and more comfortable living conditions. Many migrants establish and run businesses here, investing in the economy, acquiring housing, enriching construction companies and the state treasury, or simply work in positions that UAE citizens do not want to occupy. In addition, highly qualified specialists come to Dubai and have good incomes here, especially when compared with earnings in other countries. Life in any country has its pros and cons. Therefore, we decided to find out about the main advantages of moving to Dubai.

    Inexpensive movable objects

    Inexpensive movable objects. There are many cars in the country, since their cost is low here. After the car has served its owner for about 3 years, it is considered old, so it can be easily changed to another. The frequent change of cars is also affected by the fact that it is not difficult to conclude a deal, and the purchase does not take much time. And even if you do not have the necessary amount to buy a personal car, you can always choose one of the car leasing offers Dubai. Many will be surprised how such great deals are possible in the world’s luxury capital, but today this service has become incredibly affordable to everyone.

    A constantly evolving real estate market

    For the past 10 years, construction has not stopped in Dubai, new residential and commercial buildings are constantly being built. All this has led to the fact that there is no shortage of either office space or housing. For many years foreigners have had the right to acquire real estate in certain areas and take possession of it: rent, resell, bequeath to heirs. The cost of one square meter is different. It all depends on the area of ​​​​the premises, its age, the area in which the housing is located, etc. Real estate in seaside areas and in the center is much more expensive than in other sectors. Nevertheless, it is quite easy to choose a suitable option for a real estate object, both for life and for business at an affordable price. If you don’t want to buy it, you can always rent it.

    Health care system

    After the formation of a new country, it was necessary to solve the key issues of ensuring the normal life of its citizens. The first step was to create (almost from scratch) a healthcare system. The authorities allocate a lot of money for its development, so doctors use the latest developments in the field of medicine. Medical care here is one of the best on the planet, and at the same time it is free for local citizens. Foreign citizens working in the Emirates get an insurance policy every year, the cost of which depends on what is included in its package.

    Security

    In all big cities, especially those with large numbers of immigrants, there are security problems. Dubai has not followed the example of megacities and still remains one of the safest cities in the world. Serious crimes, such as murder or rape, are extremely rarely committed here, most of the incidents are petty thefts, and even then they are committed only in certain, not very rich regions. The city is patrolled by a lot of police, so you can walk at any time of the day. Sufficiently severe punishments to which criminals are sentenced stop those who intend to break the law. It is especially pleasant to live in such a safe city for families with small children.

    No need to learn Arabic

    The Arabic language is quite difficult to learn, especially the written one. Luckily for expats, living in Dubai, you can do business here and work in a high-paying position just with a good knowledge of English. Without exception, all locals know English, documentation is often kept in two languages, road signs, menus in cafes and much more are understandable for English-speaking citizens. True, in order not to face problems in Dubai, you will have to improve your knowledge of the English language (both oral and written) to a high level. But your children will be able to learn not only English, but also Arabic, since this subject is compulsory in all private schools. Fortunately, there are no exams for it.

    Still, it is important to understand that no matter where you move to live, any major move requires serious preparation. It is important to respect foreign culture and its traditions.

     

  • Miniso opens New York 10 N’ Under flagship

    Miniso opens New York 10 N’ Under flagship

    Chinese discount retailer, Miniso, has set foot in Soho, New York’s most expensive borough, with a 10 N’ Under flagship store as part of its North America expansion.

    Spanning 7974 sqft, the flagship is located at 490 Broadway within a heritage-listed building, offering 3000 products, most of which cost less than US$10. The product range includes over 100 types of Miniso’s signature plush toys, along with licensed products from Disney and Marvel.

    Inspired by the NYC skyline, the store’s interior design is designed by GH+A Design Studio, which has also previously worked with Canada Goose, Aeropostale, and Mercedes-Benz.

    “New York City is critical to our expansion plans in North America,” said Andrew Xie, general manager of Miniso North America. “The flagship store gives us the opportunity to bring well-designed, functional, and fun products to New Yorkers—all under $10 n’—in historic, trendy SoHo neighborhoods.”

    “Our success with the Soho pop-up store last year proved that there is a market for us here,” he said.

    Currently, Miniso has over 100 stores in North America that operate under the 10 n’ Under concept and 5000 outlets worldwide. The retailer said it was eyeing higher growth this year.

    #Miniso #opens #York #10N #flagshi#Source #Miniso opens New York 10N under the flagship.

  • TikTok expands its maximum video size to 10 minutes in possible challenge to YouTube

    TikTok expands its maximum video size to 10 minutes in possible challenge to YouTube

    The length of videos created on the platform can now run as long as 10 minutes which more than triples the previous maximum length for videos recorded on the app. Last July TikTok raised the limit on video length to three minutes from 60 seconds. So in less than one year, TikTok subscribers went from recording videos no longer than 1-minute to recording videos that run as long as 10 times that length.

    We aren’t sure that we can continue to call TikTok a short-form video app with the new expanded 10-minute maximum video length. But with the longer recording capabilities available to TikTok creators, users now have a reason to spend more time in the app, watching videos. The Wall Street Journal says that according to people familiar with the matter, ByteDance told some unnamed people back in January that TikTok took in $4 billion in ad revenue for 2021.

    TikTok has over 1 billion monthly active users who receive short-form videos that are sent to their TikTok feed thanks to an algorithm that matches subscribers’ interests with the subject of the videos sent to their feeds. Social Media consultant Matt Navarra made an interesting point when he sent a tweet that said, “TikTok creeping in on YouTube territory. I can now upload videos up to 10 minutes long.”

    Navarra’s tweet included directions from TikTok about the update and it told users to make sure that they have downloaded the latest version of the TikTok app before setting out to record content as long as ten minutes. In a statement, TikTok said, “We’re always thinking about new ways to bring value to our community and enrich the TikTok experience.”

    “Last year, we introduced longer videos, giving our community more time to create and be entertained on TikTok,” the statement continued. “Today, we’re excited to start rolling out the ability to upload videos that are up to 10 minutes, which we hope would unleash even more creative possibilities for our creators around the world.”

    Last August, we told you that TikTok was working to increase the cap on video length to 5 minutes or longer which would have been a 67% hike from the 3 minutes that TikTok was allowing at the time. While the tipsters were right about what ByteDance was working on, they were wrong about how much longer users would get to record their content.

    Content created on TikTok includes dancing, lip-syncing, singing, comedy, and more. But where the extra time really comes in handy is with video tutorials that viewers might be able to watch in full without having to watch it in different parts. For example, a TikTok video showing users how to explain baseball’s complex “Infield Fly Rule” might take just one long 10-minute video to explain instead of forcing users to view three or four shorter clips instead.

    While Social Media consultant Navarra mused about TikTok quietly making a move on YouTube, the former has a long way to go to come close to YouTube’s advertising revenue. Google’s streaming video app took in $28.8 billion in revenue last year, more than seven times the amount that TikTok did.

    Still, YouTube felt threatened enough by TikTok that it created a short-form video service of its own called YouTube Shorts. Other social media apps went after TikTok including Instagram which launched its short-form Reels feature in 2020. Facebook and Snapchat also developed their own short-form video platforms in an attempt to attract TikTok users and convert them to their own video apps.

    The new 10 minute video recording cap will start rolling out to TikTok users worldwide during the upcoming weeks. Users will receive a notification when the update containing the new cap is available to be downloaded.

    You can download the TikTok app for Android and iOS from the Google Play Store and the App Store respectively. TikTok remains one of the most downloaded apps in the world.

  • How Online Betting is Better than Retail Betting Shops

    How Online Betting is Better than Retail Betting Shops

    Betting has been with us since the 1800s; bookies would set odds on horse races. Fast forward over a hundred years, and betting on horses, football, tennis, and more is still going strong. The best part is it’s never been easier to place bets worldwide, thanks to the Internet enabling resources such as breaking betting news in Asia to be widely accessible. Here are some reasons why betting online outpaces retail betting shops.

    Convenience and Accessibility

    The most significant advantage of online betting is its convenience and accessibility. People can place bets whenever they want from home or by downloading an app on their mobile phones.

    This is especially good for those who do not live near a shop or do not like queuing up at shops during busy periods such as weekends or when there are big televised matches.

    In addition, you can also use a single account to place bets at multiple sportsbooks and casinos. For example, Fortune Legends offers not only thousands of games but also sports and virtual sports betting, making it one of the best places for gamers and punters alike.

    Sports news, live streams, and bets all in one place

    The Internet has made it possible for bettors to find sports betting information quickly. There are numerous websites that offer free sports news and updates on the latest games.

    When you bet online, you get access to everything connected with the game. This means that you can read the latest news, like breaking betting news in Asia, check out the odds, and place your bets all in one place. And then watch the game while waiting for the results!

    The best thing about this is that you don’t have to go to a local bar or restaurant to watch the game; you can simply search for it online and connect right away!

    Unlike retail shops that offer none of these things. You have to go elsewhere for streaming or news, making it challenging to keep up-to-date with what’s going on.

    A broader selection of betting options is available

    When you have an online betting account, you can choose from a wider variety of betting options. You can bet on sports, horseracing, football, golf and the list goes on and on.

    Retail betting shops offer a limited selection of games. In fact, most of them only provide the most popular sports and not much else. Also, they tend to close at night, so if you want to make a late bet on something, then you may be stuck waiting until the following day.

    With online betting sites being open 24/7, you can place your bets whenever you want. This means that if you’re going to bet on something at midnight, then this is fine as long as there are markets available for that particular sport or game.

    Why you should be opting for online betting today

    Online bettors are spoiled for choice these days as they enter a whole new world of betting possibilities. The Internet has made the betting industry grow at an unprecedented rate and has allowed online casino players to enjoy themselves in a safe environment where the odds are in their favor.

    Online casinos have a great competitive advantage over retail betting stores. They can offer their customers incentives, bonuses, and promotions, tailored to suit a broader range of demographics and needs. The future for Internet betting is definitely bright, but it all comes down to preference at the end of the day. But if it were up to us, we highly recommend opting for online betting.

     

     

     

     

     

  • Taxi firms eye fare surge amid gasoline price hike

    Taxi firms eye fare surge amid gasoline price hike

    Taxi firms expect to increase their fares as gasoline prices hit an all-time high.

    Nguyen Cong Hung, Chairman of the Hanoi Taxi Association, said taxi firms planned to increase fares by 5-8 percent, or VND500-800 per kilometer ($1 ≈ VND22,800).

    The gasoline price surge has increased taxi firm fuel costs by 13.8 percent, he added.

    “Most taxi firms in Ho Chi Minh City will be forced to increase their fares” if gasoline prices stay at the current all-time high, Ta Long Hy, Chairman of the HCMC Taxi Association said.

    Vietnam gasoline prices hit a new peak Monday, after authorities adjusted them upward for the fifth time in a row. The price of popular gasoline RON 95 rose 3.79 percent to VND26,280, while that of biofuel E5 RON 92 rose 3.9 percent to VND25,530. To reduce gasoline prices, taxi companies, which have been badly hit by Covid-19, recommended the environmental tax be cut as soon as possible.

    Environmental tax comprises the highest taxes on gasoline, accounting for around 15 percent of the retail price.

    Currently, the environmental tax on RON 95 gasoline is VND4,000 per liter, while that of biofuel E5 RON 92 is VND3,800.

    Taxes and fees add up to 42-43 percent of gasoline retail prices.

    All-time high gasoline prices and Covid-19 woes have placed many taxi firms in a financial dire strait.

    At the end of 2021, taxi giant Vinasun reported a 52 percent decrease in revenue year-on-year, and a net loss of nearly VND274 billion. It had to lay off 2,500 employees, including 1,800 drivers last year, to reduce operating costs.

    Mai Linh, another taxi giant, has yet to publish its 2021 report. However, in 2020, the company reported a loss of VND173 billion, and a total accumulated loss of VND1.21 trillion.

  • Deliveroo Partners with The Jade Club to Deliver 600 Covid-19 Care Packages to Hong Kong’s Elderly

    Deliveroo Partners with The Jade Club to Deliver 600 Covid-19 Care Packages to Hong Kong’s Elderly

    Deliveroo today announced its partnership with The Jade Club, a social enterprise serving Hong Kong’s elderly population since 2012, in a unique campaign to help provide the elderly in Hong Kong with Covid-19 care packages. Over 70 volunteer riders and employees have been an integral part of the efficient and timely delivery of over 600 care packages in the city. The initiative is part of Deliveroo’s global community-focused campaign, Full Life, which aims to utilize its unique network of riders, restaurants, and grocers to support communities in cities where Deliveroo operates.

    As the fifth Covid-19 wave is hitting the city, The Jade Club has worked closely with 25 non-profit organizations and community partners such as Windshield Charitable Foundation SSP Social Services and The Mong Kok Kai Fong Association Chan Hing Social Services Centre, to put together with care packages, each containing masks, at-home Covid-19 tests, rice, and cleaning sprays, to support Hong Kong’s vulnerable and elderly population living in Yau Tsim Mong and Sham Shui Po. More than 600 packs were delivered by Deliveroo riders and employees. The deliveries took place on the weekend of 26-28 February, with over 70 of Deliveroo volunteer riders and employees to aid with the logistics of getting the packages to the doors of the beneficiaries by carrying out contactless deliveries as a way to give back to the community.

    ”Supporting our local neighborhoods and communities remains our foremost priority, and we have worked with various organizations throughout the pandemic to ensure that people in need receive the help they require. This year, with the epidemic raging in Hong Kong, many more people have been adversely impacted, particularly the city’s most vulnerable and elderly residents.  By teaming up with The Jade Club, we hope to create a lasting impact by employing Deliveroo’s expertise and resources to deliver support to those that most need it,”  said Andrew Hui, General Manager, Deliveroo Hong Kong. “Our riders, in a recent survey, have expressed an interest in being involved in volunteer work as a means to give back to the community. We have received a tremendous response from them within a very short time, offering to extend a helping hand on this initiative, and we are extremely grateful and proud of their generosity. They are heroes not just for feeding everyone who wishes to stay at home during this pandemic, but also for supporting those in need.”

    Thanking Deliveroo for partnering with the care package initiative, Patrick Cheung, Founder and Chairman of The Jade Club said, “The extent of our efforts to provide care packages to the elderly in the city is determined in large part by our ability to distribute them effectively. Having Deliveroo as our partner enables us to rely on their expertise in ensuring safe and timely deliveries, and this has helped boost the impact of this initiative. We cannot thank their volunteer riders enough for the commitment they have to this cause.”

    Mr. Cheng, a Deliveroo walker, was quick to volunteer for the care package delivery. He said, “I am touched at the thought of serving the people of my city in meaningful ways and putting a smile on the faces of the elderly. It is important to me that I work with a company that cares, and Deliveroo has not only been providing essential services to consumers at this critical time but also going out of its way to create opportunities for us to give back to the community.”

    A group of elderly residents of Tsim Sha Tsui were overjoyed when they were told that care packages would be coming their way soon, with one of them, Mr. Liu, saying: “This is a really fantastic gesture. With everything that is going on in Hong Kong right now, we are grateful that people are thinking about us and extending their support at a time when we need it the most.”

    Deliveroo has been committed to supporting the local community through a variety of partnerships over the years. Some of these include Deliveroo’s Food Drive and fundraising campaign for its customers to support Feeding Hong Kong via the delivery app’s donation feature. In addition, as part of the company’s commitment to promoting positive values, CSR campaigns with a focus on animal protection and adoption, as well as a blood donation drive, were also organised, which saw an overwhelming participation from Deliveroo riders and employees.