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.

  • Three myths about cheating 

    Three myths about cheating 

    “8 ways to keep a man,” “How to keep a marriage” – training and seminars on such topics are often based on the idea of ​​control in relationships. Many people believe that it is in our power to control the “quality of relations” and that it depends primarily on us whether the partner will cheat. In our opinion, this belief is based on three myths. More precisely, these are not entirely myths, sometimes they turn out to be true, but they become a problem when we consider each betrayal through their prism. The human experience is much more diverse than our ideas about it. 

    Myth # 1: “Cheating appears due to relationship problems.” 

    And really, can there be a place for cheating in a happy marriage? And does not the fact of betraying automatically mean an unsuccessful marriage? Sometimes not. Often the cheating partner is not going to destroy the relationship; moreover, his partner, maybe children and the family nest, in general, are dear to him. In our culture, it is very difficult to accept the idea that adultery also happens in marriages in which there are no serious problems. Like the man saw a young pretty woman on the https://primedating.com/gallery.html  site, they met and something terrible happened. In fact, there are no relationships at all without problems. Take a closer look at the relationship, which only yesterday seemed strong, but today cracked, and there will certainly be some explanation. 

    And although cheating is what a person seems to be doing in relation to his partner this act is far from being always about a partner. Sometimes this is the way out of a very deep personality conflict. Since childhood, each of us has a dilemma every now and then – to choose the security of maternal embrace or risky exploration of the world. 

    Different parts of our “I” cannot simultaneously receive satisfaction in marriage – at least not automatically. It hurts to accept, but this is the reality of life. Some are trying to solve this dilemma in polygamous relationships, but such a compromise has many pitfalls. And by the way, keep in mind: “I am polygamous, but my wife does not know” – this is not an open marriage. As soon as cheating gets revealed, a personal conflict instantly turns into an interpersonal one, and then the question “what is wrong between us” comes to the fore. Although until the moment of finding a random text or someone else’s stuff in the spouse’s car, this was an internal conflict of one person, in fact, very indirectly related to the partner. 

    This myth follows the second, which can become destructive for the one who is cheated on. 

    Myth # 2: “We cheat because we lack something in the partner.”  

    The bitter truth is that a person sometimes enters into a relationship on the side, unconsciously rebelling against what he values ​​most in his partner. Imagine a woman who has a wonderful husband, two children, this friendly family experienced a lot of good and difficult things together. This woman insanely appreciates the care and attention of a partner. And at the same time, his courtesy and well-organized daily life suppress her. A woman falls in love with a man who has no permanent job and acts quite windy. Each of our friends, lovers reflects something special in us. Sometimes we did not suspect. 

    She, of course, feels enormous guilt, but at the same time, an incredible rise: this romance helped her to feel that she was alive again! She discovered something new in herself; she never thought she was capable of it. But at the same time, she really really appreciates her marriage. He is incredibly important to her. It’s just that a certain part of her “I” could not fully express itself in these stable relations.  

    Myth # 3: “Male and female infidelities are different in essence” 

    Men cheat easily and for the sake of drive, and women only when they feel an emotional connection, the social stereotype tells us. In fact, both men and women have emotional and sexual needs. But society, as we know, looks rather condescendingly on how a man satisfies both of them – having a reliable rear in the form of a family and sexual adventures on the side. But the woman is required to sacrifice her sexual interests for the sake of the family. 

    In fact, the role of a caring mother, which is most often chosen by a woman, turns out to be a real anti-aphrodisiac in partnerships. Responsibility for others prevents her from focusing on her desires. To reconcile the emotional connection with home reliability and comfort is not a problem to be solved, it is a paradox that needs to be dealt with somehow. And how exactly – in the form of refusal or restriction of one’s desires, polygamous relationships, open marriage – everyone already decides for himself. And no one can solve it for another. 

     

  • AirAsia to operate limited number of flights until March 31

    AirAsia to operate limited number of flights until March 31

    Low-cost carrier AirAsia Group Bhd will be operating a limited number of domestic and international flights during the 14-day Movement Control Order period aimed at curbing the spread of the Covid-19 infection.

    When contacted, a spokesperson for the airline said the limited operations are subject to change due to the fluidity of the situation.

    “Affected guests will be promptly notified via email or SMS. AirAsia strongly encourages guests to update their contact details using the “My Bookings” feature on airasia.com to ensure that they receive timely notifications.

    Guests may check on their flights via the “Flight Status” feature, as well as available flights on the airasia.com website and mobile application.

    For the further and latest information on options and eligibility related to Covid-19, guests can visit the Covid-19 “Customer Guide,” the spokesperson responded.

    In a note to investors yesterday, AmInvestment Bank Research said it is projecting a wider loss of RM985.4 million for AirAsia for its financial year ended Dec 31, 2020 (FY20), from RM784.2 million previously. For FY21, the research house is forecasting a smaller net profit of RM258.9 million, from a net profit of RM482.3 million previously.

    It said the earnings downgrade is to mainly reflect a 10% contraction in passengers for FY20, from a 5% contraction previously, against a backdrop of weak demand for air travel currently followed by the cancellation of Visit Malaysia Year 2020 (VMY2020).

    “We believe the cancellation of VMY2020 will add pressure to airlines including AirAsia that are already suffering from the weak air travel demand due to the Covid-19 outbreak. AirAsia has already seen a double-digit year-on-year decline in its passengers since February,” it added.

    The research house cuts its fair value on the budget carrier to 50 sen, from 94 sen previously and maintained its “sell” call on the airline.

    AirAsia shares closed at 52 sen yesterday after dropping nine sen or 14.8%. It saw 48.54 million shares done.

  • AirAsia Updates Rebooking Policy

    AirAsia Updates Rebooking Policy

    AirAsia has updated its rebooking policy so that customers with tickets issued on or before 22 March 2020, with a departure date between 23 March and 31 May 2020, can select from the following two options:

    Unlimited Flight Change: Customers can change their ticket to any travel date before 31 October 2020 on the same route for an unlimited number of times without any additional cost subject to seat availability; OR

    Credit Account: Retain the value of the flight booking in the customer’s AirAsia BIG Member account for future travel with AirAsia to be redeemed within 365 calendar days from the issuance date. The travel date of the new booking can fall on any date within the published flight schedule on airasia.com.

    The above information is only applicable for direct online bookings made via airasia.com. For group bookings or those made with travel agents, the traveler must contact their booking agent directly for further assistance.

    As this is a rapidly changing situation, travelers should make sure that their airline has their correct contact information and should carefully monitor their airline’s website and social media accounts for any new updates.

  • Twitter to verify health experts with priority

    Twitter to verify health experts with priority

    Twitter is taking another step in fighting misinformation and highlighting credible sources of info about the ongoing COVID-19 pandemic. The company explained in a tweet that it is “working with global public health authorities to identify experts” and get them verified as soon as possible. The Twitter verification label signifies that a profile is authentic, trusted, and a source of truth for an individual, business or organization.

    In the past, the process of verification was under attack for giving the blue label to radical groups and individuals. The verification program was suspended in 2017 after it verified the organizer of white supremacist rally in Charlottesville, Virginia and afterward the CEO Jack Dorsey called it “broken”. In the current situation, however, the blue badge can help people discern valid information in the high tide of rumors and speculation moving along with the viral wave.

    According to Twitter, the company has already verified hundreds of accounts but apparently there’s more to be done. In a message to health experts, Twitter explained that it will give priority to “accounts that have an email address associated with an authoritative organization or institution”, and added a link to the “How to update your email address” tutorial on Twitter’s help center.

    The company is working on a public-accessible form to help health experts apply directly for verification. “We’ll likely share a link to an intake form soon for experts to fill out to request verification”, commented Twitter product lead Kayvon Beykpour. Other tech companies offered help in providing fast and reliable information about the health situation as well. Facebook opened its Messenger app to developers to help build new messaging solutions for reporting coronavirus-related info. WhatsApp announced that it is opening an information hub in partnership with the WHO, UNICEF, and UNDP.

  • Coronavirus outbreak is affecting Facebook services too

    Coronavirus outbreak is affecting Facebook services too

    As more countries enact lockdowns due to coronavirus spreading and order population to stay home, wireless service provides are faced with new challenges. YouTube, Netflix and a couple of other important streaming services have already adjusted the quality of their stream to avoid internet congestion across Europe.

    Facebook is one of the companies that registered unprecedented traffic during the coronavirus outbreak. Facebook, Messenger, and WhatsApp have become vital apps for those who must remain home if they want to stay in touch with their friends and family. As such, Facebook announced that it’s struggling to maintain the reliability of its services during the COVID-19 outbreak.

    During this emergency, we’re doing everything we can to keep our apps fast, stable, and reliable. Our services were built to withstand spikes during events such as the Olympics or on New Year’s Eve. However, those happen infrequently, and we have plenty of time to prepare for them. The usage growth from COVID-19 is unprecedented across the industry, and we are experiencing new records in usage almost every day.

    And it’s not just the increased traffic that is putting a strain on all Facebook’s services, but the fact that all of the company’s employees are now working from home makes it even more challenging to maintain stability.

    In that regard, the social network giant announced that it will temporarily reduce bit rates for videos on Facebook and Instagram in those regions that are most affected by the COVID-19 pandemic. Also, the company is now testing and preparing for any issues that might arise in the coming months.

    Unfortunately, the crisis hasn’t reached its peak yet, as more countries are just starting to be affected by the coronavirus outbreak, so we can definitely expect things to get worse in the coming weeks.

  • Apple drops iOS 13.4 and iPadOS 13.4 with some great features and bug fixes

    Apple drops iOS 13.4 and iPadOS 13.4 with some great features and bug fixes

    As expected, Apple today unveiled iOS 13.4 and iPadOS 13.4. Both updates are full of new features for compatible iPhone, iPod touch and iPad models. One of the new features for all three devices is a revamped toolbar for the Mail app. The revision moves the delete icon away from the reply icon to prevent users from accidentally deleting an email they wanted to reply to.

    Also part of the update is iCloud file sharing which allows users to share iCloud Drive folders with others. Any file changes will immediately be seen by those who have access to view it. You can set this feature so that people that you don’t explicitly invite to share the folders with or allow access to, are blocked from viewing what is inside them. You can give some users permission to make changes and upload files while others you can limit to viewing and downloading files.

    A small change to the URL bar in Safari will allow someone to type a new web address instantly in the bar even when another URL is highlighted. Previously, the user would have to tap outside of the highlighted URL to tap in a new website address. The update adds nine new Memoji stickers and makes changes to the TV app affecting how the streaming service is affected (via Wi-Fi or cellular). Those without a plan offering unlimited data can select a Data Saver option that throttles the streaming rate to 600MB/hour.

    With iOS 13.4, Apple is allowing developers to offer universal purchase support. This will allow those sporting an Apple device to purchase one app and have it work on multiple Apple platforms including the iPhone, iPod touch, iPad, Mac, and Apple TV. The new update also includes a new Shortcuts Action for Shazam, and games recently played in Apple Arcade will now appear in the Arcade tab so that the user will be able to continue where he left off even when switching devices.

    CarPlay received a couple of changes including support for third-party navigation apps and in-call information will now appear on the CarPlay Dashboard. And while this will only be of interest to those who can read and write Arabic, the predictive keyboard on iOS devices will now support that language.

    In addition, the update exterminates several bugs including one in the Mail app that listed emails out of order. A bug that used excessive storage for Photos has been fixed as has a bug that showed cellular data as being off when in reality, it was on. And those whose camera viewfinder appeared as a black screen will be happy to know that Apple has taken care of this issue. A bug that prevented the Safari browser from inverting when Dark Mode and Smart Invert are enabled has been fixed, and there are several more issues that Apple has taken care of.

    The update to iPadOS 13.4 adds support for the Magic Keyboard Case on the 12.9-inch and 11-inch iPad Pro models (both the recently launched models and the 2018 versions). Installing the update will add iPad support for the Magic Mouse, Magic Mouse 2, Magic Trackpad, Magic Trackpad 2, and for third-party wireless Bluetooth and USB mouse accessories. The addition of trackpad support will allow those who own a compatible iPad Pro to use Multi-Touch gestures to scroll, zoom in or out, make a “right-click,” tap to click and more.

    The update adds the iCloud Drive folder sharing and the new Memoji stickers. And yes, iPadOS 13.4 also has a list of bugs that the update exterminates.

    To update your iPhone or iPad, go to Settings > General > Software Update.

  • 7-Eleven Thailand recruits thousands delivery staff

    7-Eleven Thailand recruits thousands delivery staff

    Convenience-store chain 7-Eleven Thailand is recruiting 20,000 workers to make deliveries in the midst of the coronavirus outbreak.

    With many Thai nationals, visitors and residents confining themselves to home in the interests of social distancing, and malls and most shops and entertainment venues closed, 7-Eleven Thailand parent CP All has announced moves to increase delivery services to support those in isolation.

    New staff would be working deliveries from all 7-Eleven locations throughout the country.

    Those eligible for the employment opportunity must be over 18 and ideally have their own vehicles. The firm is accepting online applications for the positions.

    With more than 800 coronavirus cases and climbing, Bangkok has largely shut down its retail sector as department stores, bars, dine-in restaurants and outlets not trading in essential goods have been forced to shut for several weeks.

  • Reliance Retail buys Indian department-store chain

    Reliance Retail buys Indian department-store chain

    Reliance Retail Ventures Limited has bought Indian retailer Shri Kannan Departmental Store for US$20 million.

    “The investment will further strengthen the group’s retail operations and presence in the state of Tamil Nadu and will further enable retail and new commerce initiatives,” said a spokesperson for Reliance.

    With this acquisition, Reliance Retail has started a “new commerce” plan which links producers, traders, small merchants and customers through digital innovation.

    Incorporated in 1999, Shri Kannan Departmental Store operates 29 stores across Coimbatore and nearby areas with a retail area of more than 600,000sqft.

    Reliance Retail is India’s largest retail conglomerate, with more than 4000 stores covering multiple categories. It is a subsidiary of Reliance Industries.

  • Cebu Pacific suspends all flights until April 14 due to COVID-19 lockdown

    Cebu Pacific suspends all flights until April 14 due to COVID-19 lockdown

    Cebu Pacific said Tuesday all flights would be canceled from March 19 to April 14 in compliance with the Luzon-wide lockdown and similar quarantines elsewhere in the country to contain the COVID-19 pandemic.

    The last day of operations will be on March 18 to service flights from Manila, Bangkok, Tokyo, Osaka, Nagoya, Ho Chi Minh, Singapore, Taipei, Bali and Jakarta, the country’s largest carrier said in an advisory.

    “All Cebu Pacific and CebGo flights will be canceled from March 19 until April 14, in support of government regulations on COVID-19,” Cebu Pacific said.

    Philippine Airlines and AirAsia earlier announced flight cancellations due to COVID-19.

    Affected passengers can rebook, refund or store the value of the ticket in a fund, it said.

    Ticket offices will also be closed from March 19 to April 14 for the safety of passengers and personnel, the carrier said. Changes can be done through the “manage booking” portal in its website, Cebu Pacific said.

    Cebu Pacific earlier said the COVID-19 pandemic would “significantly” dent revenues and operating expenses.

  • Malaysia Airlines and AirAsia limit number of flights till March 31

    Malaysia Airlines and AirAsia limit number of flights till March 31

    Malaysia Airlines will significantly reduce its overall network, following the nationwide movement control order from March 18 to 31.

    International flights to India are suspended until the end of the month and flights to the Philippines are suspended between March 21 and 31, following the respective governments’ ban on travel to and from Malaysia.

    Malaysia Airlines group chief executive officer Captain Izham Ismail said the situation has been “rather fluid” since the airline has had to make last-minute cancellations to abide by the restrictions.

    “We are doing our best to re-route passengers via reallocation onto other carriers. We are also adjusting our low-load flights by canceling and merging them to manage costs while managing our customer expectations, ” he said.

    Prior to the order, Malaysia Airlines has suspended services to Saudi Arabia, South Korea, and parts of China (Beijing and Daxing), as well as the Kota Kinabalu-Shanghai route due to border controls.

    The carrier also reduced capacity to Australia and New Zealand due to the self-isolation policy of the two countries.

    To date, the company has canceled over 4,000 flights.

    “Our Global Contact Centre has been at the brunt of this situation with the number of calls peaking at 25,000 daily and up to 2,000 e-mail daily in the past three weeks, ” Izham said.

    He added that it will take the company longer to process refunds due to the sheer volume of requests.

    “I assure them that we are not here to take advantage of the situation. In fact we are one of few airlines that have offered unlimited flexibility in travel date change and waiver of certain fees, ” Izham said.

    Due to the significant capacity cut, Malaysia Airlines and all sister companies under the Malaysia Aviation Group’s back-office operations have also been reduced alongside flight and airport operations.

    A majority of its workforce globally are working from home in line with various governments’ requirements.

    Passengers with bookings may initiate changes online via the Covid-19 waiver assistance form available on the carrier’s website.

    Meanwhile, AirAsia has also significantly cut down its number of domestic and international flights.

    “AirAsia will be operating a limited number of domestic and international flights from today until 31 March, which are subject to change due to the fluidity of the current situation.

    “Affected guests will be promptly notified via email or SMS. AirAsia strongly encourages guests to update their contact details using the “My Bookings” feature on airasia.com to ensure that they receive timely notifications,” the airline said in a statement.

    For further and latest information regarding options and eligibility related to COVID-19, AirAsia guests can visit the Covid-19 Customer Guide on its website.

    A quick look at their booking page shows that there are only two flights a day from Kuala Lumpur to Kota Kinabalu, Kuching and Penang (and vice versa). Flights to other cities and towns including Johor Baru, Kota Bharu, Alor Setar, Kuala Terengganu, Sibu, Miri and Bintulu have all been suspended until April 1.

    Currently, there is one flight a day to Sandakan, Tawau and Labuan from KL but even these routes may be suspended within the next few days.

  • AirAsia forecasted to widen loss this year

    AirAsia forecasted to widen loss this year

    Airasia Group Bhd’s losses could sink further to almost RM800 million this year as the coronavirus has spelled doom for the global aviation sector.

    It is forecasted to suffer RM796 million losses in the financial year 2020 (FY20), over threefold from a loss of RM261 million in the previous fiscal year, Nomura Securities Malaysia Sdn Bhd said in a research report.

    Nomura transport analysts Ahmad Maghfur Usman and Divya Thomas said the expected figure is substantially wider than the consensus forecast of an RM2 million loss in FY20.

    Unit seat revenue across the group’s affiliates is expected to drop by 11% to 12% year-on-year (YoY) in FY20, compounded by weaker loads and yields between -3% and -5%.

    “Malaysia’s recent move to restrict tourist arrivals is expected to worsen near-term traffic, in our view, with only a modest recovery seen from this coming July, as the recent number of new coronavirus cases has spiked substantially,” the analysts said in the report published yesterday.

    They said AirAsia’s long-haul sister company AirAsia X Bhd (AAX) will likely be in dire need of a cash injection to stay afloat.

    The analysts said a privatization move for the company may not sit well with minority shareholders as they prefer the long- and short-haul low-cost airline entities to remain separate listed entities.

    Ahmad Maghfur and Thomas said an inter-company loan is the only likely avenue for AirAsia to rescue AAX.

    As it is, AirAsia is expected to weather the crisis with a net cash balance of RM2.2 billion as of FY19, based on actual borrowings without significantly deteriorating its balance sheet.

    On a positive note, the analysts said the current crisis would weaken AirAsia’s key competitors’ positions and allow the company to win market share.

    They added that the company’s high cash position would also present acquisition opportunities that could be utilized to lock in fuel price hedges for the longer term.

    Nomura rated AirAsia downwards from ‘Buy’ to ‘Reduce’ with a revised target price from 70 sen to 63 sen a unit, or 10%.

    MIDF Research analyst Adam Mohamed Rahim said AirAsia’s earnings are forecasted to reduce to RM145 million in FY20 due to lower passenger volume.

    Adam did not rule out the possibility of AirAsia redeploying its aircraft for domestic routes, especially during festive periods following the inbound and outbound travel restrictions.

    He said passengers carried in March 2020 will decline under the 14-day movement restrictions order.

    “Based on our preliminary analysis, the drop in total passenger traffic for Kuala Lumpur International Airport 2 (KLIA2) could reach more than -30% YoY for March 2020.”

    “As a result, we have lowered our total passengers carried forecast for FY20 by around -19%,” he said in a report yesterday.

    KLIA2 registered three million passengers in March last year where 66.2% were international passengers

    MIDF revised AirAsia’s target price from RM1.03 to 63 sen per share, but maintained a ‘Neutral’ call.

    Meanwhile, AirAsia said flights to both domestic and international destinations remain operational and are subject to further review with strict compliance on the travel restriction as announced by Putrajaya.

    The company said guests whose flights have been affected will be contacted with service recovery options and assistance.

    “We continue to monitor the public health situation closely and adhere strictly to all advice by all governments, as well as local and international health organizations. AirAsia has and will continue to quickly make adjustments as needed, in response to government travel directives,” president (airlines) Tharumalingam Kana- galingam said in a statement yesterday.

    Guests affected by travel restrictions with international bookings to or from Malaysia made before March 16, departure on or before April 30 only, will be offered move flight or credit account options.

    AirAsia’s office-based staff nationwide have been asked to work from home, while staff from departments crucial to operations will continue to work on rostered duty from segregated locations in accordance with the company’s business continuity plan.

    AirAsia’s share price closed at 62 sen yesterday, down 10.7% or 7.5 sen with a market capitalization of RM2.09 billion.

  • Cath Kidston seeks white knight buyer as strategic review ordered

    Cath Kidston seeks white knight buyer as strategic review ordered

    Cath Kidston has hired external advisers to complete an urgent review of strategic options for the business as it makes a last-minute appeal for a white knight rescuer.

    Owned by Baring Private Equity Asia, the UK-headquartered clothing and homewares retailer was already struggling financially before the advent of the coronavirus which has forced stores to close in multiple markets and seen consumers suspend discretionary shopping.

    The company has about 100 stores internationally, mostly in Asia, and about 60 in the UK with a global payroll of around 2700.

    During the past two full trading years, its losses have totaled around US$31 million and companies invited to submit bids for the business have reportedly been told the company lost a further $13 million in the nine months to last December.

    According to UK media reports, the new CEO Melinda Paraie had achieved some success in turning the company around prior to the advent of the coronavirus crisis. Underperforming stores had been closed, head office staff ranks culled and resources deployed to increasing online sales.

    According to a Sky News report in the UK, potential bidders have been told to submit bids imminently.

    If Cath Kidston collapses, it will follow fellow Asian-owned retail business Laura Ashley, which called in administrators last week. Both brands operate a similar hybrid fashion-homewares retail offer.

  • Cebu Pacific announces policy on rebooking

    Cebu Pacific announces policy on rebooking

    Cebu Pacific flights continue to operate as scheduled. However, they have received rebooking and cancellation requests from passengers due to concerns over COVID-19 so they changed their booking policies to provide passengers with flexibility and peace of mind:

    Passengers traveling to Philippine and international destinations from March 10 to April 30, 2020, who would like to rebook or cancel their flights can avail of the following options:

    Free Rebooking – Rebook flights with change fees waived. Fare difference may apply.

    To rebook the flight, use the “Manage Booking” portal in the Cebu Pacific website.

    Travel Fund – Place the full cost of the ticket in a Travel Fund which can then be used as payment for a future booking. The Travel Fund is valid for 180 days and can be used for bookings as far as 12 months out.

    To avail of the Travel Fund option, they may use the “Manage Booking” portal in the Cebu Pacific website to cancel their booking and store the value in the Travel Fund.

    New flights booked from March 10 to April 30 (regardless of travel date and route) can avail of CEB Flexi for FREE. CEB Flexi enables travelers to rebook their flights up to two times, fare difference may apply. Simply select the “CEB Flexi” add-on during booking.

    Cebu Pacific practices precautionary measures against COVID-19. This includes frequent deep-extensive cleaning and disinfection of aircraft, provision of gloves and disinfectants for our cabin crew, and the use of HEPA air filters in our aircraft to block 99.99% of contaminants and viruses.

    Cebu Pacific is monitoring developments regarding COVID-19, coordinating regularly with government and other stakeholders.

  • Bangkok shopping centres, markets closed for three weeks

    Bangkok shopping centres, markets closed for three weeks

    Bangkok shopping centers and markets were effectively shut down yesterday as the city moved to slow the spread of coronavirus.

    According to a Thaiger report, the closures are in response to a Bangkok government edict to shutter all department stores and markets in the capital for three weeks in a move to slow down the spread of the current coronavirus outbreak.

    “All food stores and restaurants will be allowed to serve only take-home orders while hotel restaurants can serve only hotel guests,” read the official announcement. “The measure will take effect between March 22–April 12.”

    The announcement that Bangkok shopping centers must close was released as the number of confirmed Covid-19 cases in the Thai capital continued to rise. Nationwide there were 599 reported infections as at Monday morning, local time.

    Despite the retail closures, people in the city still have freedom of movement although social distancing is still recommended by the administration.

    Similar measures have been introduced in other international locations – including hard-hit Italy, which remains under national quarantine, Spain and New York City.

  • South Korean malls remain calm despite panic buying worldwide

    South Korean malls remain calm despite panic buying worldwide

    Panic buying is spreading like wildfire among a number of countries as fear of the coronavirus deepens.

    But large shopping malls in South Korea, however, are as peaceful as in the pre-coronavirus era.

    Experts argue that prior experiences in dealing with various epidemics, such as Severe Acute Respiratory Syndrome (Sars) in 2003 and Middle East Respiratory Syndrome (Mers) in 2015, has allowed retailers to maintain a stable supply of everyday necessities at shopping malls.

    Rapid technological advancement in online delivery and distribution systems thanks to the fierce competition among retailers has also helped maintain supply despite the surge in demand, some argue.

    “Despite the coronavirus outbreak, we are maintaining a delivery speed of half a day or one day at the latest. This is top class even on global standards,” said a source familiar with the e-commerce industry.