Tag: asia

  • Potential seen in Myanmar retail

    Potential seen in Myanmar retail

    With significant potential seen for the Myanmar retail sector, a new survey shows that most businesses there, both local and international, plan to expand in the coming year.

    Meanwhile, details have yet to be finalised for a new law that aims to make it easier to invest in Myanmar.
    Surveying nearly 200 senior executives at companies working in Myanmar, the Roland Berger consultancy found that 70 per cent of local businesses and 80 per cent of international ones are aiming for growth over the next 12 months.

    “I don’t know any other country right now where you’d get that statistic,” says Roland Berger Southeast Asia managing partner Thomas Klotz. “No-one is really scaling back, though some are in the waiting period.”

    There is “huge potential” in the retail sector, according to the Myanmar Times. One of the country’s largest modern retailers, City Mart, has announced plans to double the number of its supermarkets, treble the number of its convenience stores and enter the eCommerce sector with a click-and-collect service.

    “If we look at the distribution of basic commodities, such as soap and detergent, the distribution may be 100 per cent,” says City Mart Holding MD Win Win Tint. “But for more advanced products like fabric softener and hair conditioner, distribution is limited to big cities – maybe only 20 per cent of the country. There is so much opportunity to grow.”

    She says the main hurdles are finding sites to develop or convert into shops – “the cost is very high” – and finding a suitable platform for its eCommerce business that can withstand the emerging challenge of Facebook Shop.

  • Muji next expansion plan

    Muji next expansion plan

    Japanese lifestyle clothing and accessories brand Muji Canada is expected to expand to Vancouver next year.

    Known for its minimalist approach, Muji already has three stores in Toronto. It has about 300 stores outside Japan.

    Vancouver’s retail sector continues to outperform other Canadian markets with annual sales-per-square-foot at more than C$1000 (US$762). Toronto is second at about C$860.

    “Vancouver is a very young retail market and many brands have not yet opened street stores,” says real-estate group CBRE executive VP for retail in Vancouver Mario Negris. “We anticipate a vast number of new entrants into the downtown retail landscape.”

    Most brands entering Canada have their first outlets at Toronto’s Yorkdale Shopping Centre and Eaton Centre, says the Vancouver Sun. This is because of Vancouver’s relative lack of space.

    Brands such as Forever 21 and Victoria’s Secret actually made their Canadian debut in Alberta, while Vancouver is the preferred entry point for luxury brands such as Berluti, Jaeger-LeCoultre, Rolex and St Laurent.

    Other brands reportedly lining up to open in Vancouver next year include coffee boutique Nespresso and H&M’s Cos brand.

  • Datacloud Asia 2017 Conference & Exhibition Launches Feb 23 in Singapore

    Datacloud Asia 2017 Conference & Exhibition Launches Feb 23 in Singapore

    Having established Datacloud as Europe’s foremost networking and deal-making forum for data center and cloud players, the widely acclaimed event is now scheduled to take place in the growth markets of Asia on February 23, 2017. BroadGroup, the consulting, publishing and professional events firm has announced the early programme for Datacloud Asia 2017, which includes experts from Asia, the US and Europe.

    Set to be the first deal-making forum in the region, the event offers a valuable return on investment for attendees, uniquely bringing together data center operators with IT infrastructure leaders looking to deploy assets across the Asian region; colocation, hosting, cloud services, data center and vendor solution sales are all transacted at the event. Datacloud provides powerful content with an impressive line-up of guest speakers – and is the only event in Asia that attracts top leadership from operating companies.

    The forum concludes with a celebration of the nominees for Asia’s inaugural Data Center & Cloud Awards. Seeking genuine innovation as well as on-going evolution and transformation already underway in Asia, the Datacloud Asia 2017 Awards* will be presented in a refreshing format with all-new award categories at a combined reception hosted by Digital Realty and awards dinner at the prestigious Capella Hotel & Conference Center on Sentosa Island, minutes from Singapore’s business district.

    “Datacloud is unique,” commented Philip Low, chairman of BroadGroup. “You will not find a trade show, but you will find a highly structured networking forum for senior executives complemented by a far reaching programme covering hot topics such as China, blockchain, enterprise cloud strategies, agile infrastructure, finance and investment, location for data centers and more. With the addition of the Awards it makes for an exceptional event.”

    “Asia hubs will be a central theme of this new event with a strong focus on investors, enterprises and doing deals. It also aims to offer inspiring insights for companies seeking a better way of hosting and colocating in the new reality of a data-driven and cloud-connected world,” says Low. “The forum promises to highlight the value of outsourcing data centre, cloud and IT infrastructure across the fast growing Asia region, and is designed to appeal to both users and outsourcers.”

    Sponsors for the event include Schneider Electric, Digital Realty, Telin Singapore, Kingsland Data Center, Datwyler, Lamda Hellix Data Centers, and has a range of industry and media partners including Globeron, Asia Cloud Computing Association, iMiller Public Relations, techUK, European Data Centre Association (EUDCA), BICSI and WiredRE. Lead Media Partner is Data Economy (www.data-economy.com) and Intelligence Partner is Colocation Markets Quarterly (CMQ).

  • Accuris, iPass to offer Wi-Fi solution for cellcos

    Accuris, iPass to offer Wi-Fi solution for cellcos

    Wi-Fi roaming, interworking and service policy enablement provider Accuris Networks has entered a partnership with global Wi-Fi operator iPass to offer mobile operators and MVNOs the ability to integrate carrier Wi-Fi into their service offerings.

    The companies will offer a combined solution enabling mobile operators to access the global iPass Wi-Fi footprint for service delivery and traffic offloading.

    The solution will integrate iPass’ SmartConnect technology into the Accuris Networks Wi-Fi e-client to enable client connection analytics. The solution will support integration with pre-paid service plans and existing billing systems.

    “Not only will this partnership offer our connectivity services to a billion potential end users, but it will also enable MNOs and MVNOs to dramatically accelerate the introduction of cutting-edge Wi-Fi solutions to the market,” iPass CEO Gary Griffiths said.

    “In particular, we see this partnership as integral in delivering on our strategy to connect users seamlessly and intelligently on Wi-Fi and cellular networks.”

    “Mobile operators increasingly see the value in Wi-Fi as a central pillar to their connectivity and mobile broadband strategy, “ Accuris Networks CEO Jeff Brown added.

    “Accuris Networks has proven capability in combining controlled Wi-Fi service to their core service portfolio. Now, by teaming with iPass, which boasts an unparalleled global Wi-Fi footprint and Wi-Fi analytics technology, we can offer our customers a complete mobile-centric Wi-Fi solution.”

  • Korean label Blanc & Eclare opening in NYC

    Korean label Blanc & Eclare opening in NYC

    At only two years old, Korean-based label Blanc & Eclare has decided on New York City for its first North American venture.

    Launched by Korean pop superstar Jessica Jung, the label will open in a brick-façade store along SoHo’s Spring Street Jung left the chart-topping Korean group Girls’ Generation in 2014 after seven years to create her own fashion brand. It started as sunglasses (the inaugural line sold out in four hours), with denim, coats, ready-to-wear and skincare products being added along the way.

    blanc-eclare-opening-in-nyc

    Jung has opened 40 Blanc & Eclare stores around Asia, including China, Macau, Singapore and Thailand.
    Prices for the collection range from US$145 for a turtleneck sweater to US$505 for a double-breasted blazer. Cosmetics start at $16 for lip balm, $22 for a face mask and $60 for a night cream.

  • OCBC Trials Blockchain for Interbank Payments

    OCBC Trials Blockchain for Interbank Payments

    One of the five largest banks in Singapore has tested a blockchain-based payment service, with an eye to develop commercial products around the tech.

    OCBC Bank used the tech to send funds between its operations in Singapore and Malaysia, as well as transmit money to the Bank of Singapore, a private banking business it owns. The bank said it worked with BCS Information Services, a local payments firm, to develop the prototype.

    The test is the latest for Asia’s banking sector, the members of which have spent much of the past two years investigating use cases, investing in startups and pursuing commercial applications.

    Praveen Raina, OCBC senior vice president, was quoted as saying:

    “We hope this will be a catalyst for more banks to adopt the blockchain technology so that, together, we can achieve efficiency and cost effectiveness while delivering more high-value financial services to our consumers.”

    Though the bank announced its move on its official group website, the details of that announcement appear to have been removed at press time.

    The move comes as the Monetary Authority of Singapore (MAS), the city-state’s central bank, has moved to create a pro-fintech environment within the domestic finance sector. Earlier this month, MAS has forged relationships with regional interests on the tech, coming more than a year after the institution began developing and investing in projects of its own.

  • Bank Mandiri eyes more disabled employees

    Bank Mandiri eyes more disabled employees

    The family of Rezky Yami Putri, 27, born with an imperfect three-fingered left hand half the size of a normal hand, was skeptical when she landed a job at Indonesia’s largest lender Bank Mandiri.

    They thought she was deceived, because such an achievement would be too good to be true for someone with “my condition”, said Rezky, now a call center officer at the state-owned lender. Her family finally believed her job was legit when she received her first salary last year.

    “Even though it has been a year, it is still like a dream for me, a lengthy dream, which occurs while I am awake,” said the Jakarta resident, who has a bachelor’s degree in public health but has never worked in her field of study.

    “As someone with a disability, we are always underestimated but it turns out that we also can make money for ourselves and for our parents, even though it is not that much,” she added.

    Rezky is among 41 disabled workers employed by Bank Mandiri, which is among over 100 state-owned enterprises in Indonesia, which, following a 2016 law on people with disabilities, are required to have disabled people account for at least 2 percent of their staff.

    “Our target is to hire 120 people and we’ll keep recruiting depending on the availability of the applicants,” Bank Mandiri human capital engagement senior vice president Aminarti Widiati said. The lender started recruiting disabled employees last year.

    Bank Mandiri, which has five branch offices in Jakarta and Semarang, Central Java, employing disabled people currently has a total of 38,376 employees nationwide with 2,505 branch offices spread across the country.

    Disabled people in the lender work on three-year contracts and are reviewed each year. They also have the chance to become permanent employees, Aminarti said.

    Tri Handayani, diagnosed mute when she was only 10 months old, was eager to advance at Bank Mandiri. The back-office worker used to work at a supermarket, checking and replacing price tags on products.

    “This new job makes me feel more enthusiastic about working and being more successful in the future,” said Tri, who graduated
    with a computerized accounting degree.

    To communicate, the 27-year-old tries to speak as much as she can or writes the sentences down if they are too complicated. She is able to understand her interlocutors by reading their lips.

    Her colleague Kuntum Mukminin, 24, who is also deaf-mute, works at the same division at Bank Mandiri in the back office.

    “I might be deaf but I work hard and keep improving myself. I have to do my best to be a success,” said Kuntum, a high school graduate who used to work at a supermarket bakery.

    The Social Affairs Ministry has pledged to oversee the implementation of the 2016 law that requires disabled people account for at least 2 percent of state firms’ staff. There are around 6 million disabled people in Indonesia, according to 2012 ministry data.

    “However, we won’t impose sanctions on companies that cannot meet the minimum requirement because we know that sometimes it cannot be fulfilled because of a lack of competency,” the ministry’s director of social rehabilitation Bambang Sugeng said.

  • Cebu Pacific adds Masbate, Tablas to route network

    Cebu Pacific adds Masbate, Tablas to route network

    Airliner Cebu Pacific (CEB) further builds its presence in the MIMAROPA and Bicol regions with the launch of two more routes.
    Starting February 15, 2017, CEB’s wholly owned subsidiary, Cebgo, will launch daily flights between Manila and Masbate; and four times weekly (Monday, Wednesday, Friday and Sunday) between Manila and Tablas using the newly-acquired ATR 72-600 aircraft.

    The addition of these new routes will allow our passengers to easily visit these fast-rising areas in Luzon, both known for its white-sand beaches, waterfalls and diving spots.

    “We remain firm in bringing people together through safe, affordable, reliable, and fun-filled air travel. With these additional routes, travelers will now be able to visit these destinations faster while enjoying CEB’s trademark low fares. Rest assured, we will continue expanding our network to reach more passengers in and out the Philippines,” says Alexander Lao, Cebgo President and CEO.

    CEB holds an introductory P799 all-in seat sale for flights from both Masbate to Manila and Tablas to Manila from December 12-14, 2016, or until seats last. Travel period is from February 15, 2017 to March 31, 2017.

    Cargo services will also be made available in these areas together with passenger services, contributing to growth of the more than 2,000 accounts we currently hold.

    Guests may also download the Cebu Pacific official mobile app on the App Store and Google Play.

  • CIMB launches mobile wallet app for cashless payments

    CIMB launches mobile wallet app for cashless payments

    CIMB Bank Bhd has launched a lifestyle mobile application, CIMB Pay that provides combine secure cashless payments with deals and offers.

    This enables the bank’s seven million customers to experience faster, easier and more secure payments at over 1,800 contactless terminal-enabled merchants nationwide as well as search nearby location-based real-time deals.

    Group consumer banking chief executive officer Samir Gupta said the launch of CIMB Pay further strengthens its suite of digital offering, reaffirming CIMB’s position as a customer-centric bank with cutting-edge technology in the region.

    “We are proud that CIMB Pay is the first mobile wallet app that enables consumers to not only make cashless payments, but also allows them to take advantage of lifestyle deals.

    “Combined with the ability to store cards issued by both Mastercard and Visa, CIMB Pay is the leader among similar apps,” Gupta said in a statement, adding the initiative also supports Bank Negara’s move to go cashless.

    On the app’s security features, Gupta noted that security and privacy are at the core of CIMB Pay and that all card details were tokenised with no information stored on the devices.

    “Users will also be required to authenticate transactions either using the mobile fingerprint or a six digit PIN,” he added.

    In the meantime, Gupta said more functionalities will be added onto CIMB Pay in the first quarter of 2017, including simplified online payment and express checkout solutions powered by Mastercard’s Masterpass.

    With Masterpass, shoppers will be able to use their CIMB Mastercard debit or credit card along with the shipping information saved on the mobile app to complete online transactions.

    Customers can make payments by simply tapping their phone on any contactless terminal based on Near Field Communication technology.

    The app also has an in-built notification system that alerts customers on nearby contactless terminals and flash deals.

    CIMB Pay can be downloaded on Google Play for NFC-enabled smartphones running on Android 4.4 and above.

  • APT nearing 100% 4G take-up

    APT nearing 100% 4G take-up

    Taiwan’s Asia Pacific Telecom (APT) is nearing 100% take-up of 4G services among existing customers, and expects nearly all its subscribers to have migrated to 4G by the end of Q1.

    APT only has around 100,000 3G users left to migrate to 4G, around 6% of the operator’s total subscriber base. The remaining users are expected to upgrade in the next few months.

    In order to encourage migration and boost interest in the operator’s 4G services among new customers, APT has introduced a new line of plans that offer unlimited broadband and free domestic voice calls even to subscribers of Taiwan’s other mobile operators. The plan starts at TW$999 ($31.39).

    APT chairman Lu Fang-ming told the Taipei Times that the operator has reached the subscriber migration target set when the operator launched 4G two years ago.

    As the operator moves to the next phase, it plans to focus on expanding its customer base to improve ARPU.

    APT also recently announced a new home OTT video service to be delivered to Taiwanese customers in collaboration with Netflix, China’s iQiyi, movie distributor Catchplay and Taiwan Mobile’s myVideo, the report adds.

  • Martell to unveil heated taste across Asia travel-retail

    Martell to unveil heated taste across Asia travel-retail

    The House of Martell is to release a limited-edition expression across Asia travel-retail in time for Chinese New Year, defined as its “most ground-breaking cognac to date”, the Martell Cordon Bleu Intense Heat Cask Finish.

    The new listing, which will be available at key travel-retail outlets in Hong Kong International airport (on January 1 2017), Hong Kong borders, Singapore, Taiwan, Shanghai, Beijing, Thailand and Malaysia at $229, is an iconic blend  matured for six months, in casks subjected to intense heat, in a method known as “chauffe crocodile”. The process in making this cognac has never been used before at Martell, which uses a much more intense flame to “burn” the oak.

    “Martell Cordon Bleu Intense Heat Cask Finish was created with the House of Martell’s core pillars of elegance, complexity and balance in mind,” said Martell Cognac Cellar Master Christophe Valtaud. “It celebrates the daring spirit of Martell Cordon Bleu, the most emblematic of all Martell cognacs, created in 1912 by Edouard Martell, the great-grandson and 10th descendent of the House’s founder. This carefully crafted cognac which is also the embodiment of our House’s spirit of curiosity, is set to again redefine the conventions of cognac and offers connoisseurs in Asia yet another truly unique taste experience,” he noted.

    The cognac releases roasted notes of mocha coffee and toasted almonds, characteristic of Martell Cordon Bleu, with sweet spicy notes – candied orange, cinnamon and honey – unleashed on the palate with unexpected intensity.

    The Martell Cordon Bleu Intense Heat Cask Finish is packaged in a deep blue box artfully embossed to replicate the crocodile leather-like pattern (charred wood effect) on the oak casks that results from the chauffe crocodile toasting method.

  • Singapore shoppers want cross-channel options more than new-age services

    Singapore shoppers want cross-channel options more than new-age services

     

    When it comes to Christmas shopping, Singaporeans prefer retailers with a physical store, coupled with both e-commerce and mobile app. Singapore shoppers want cross channel options more than new age services like digital wallets and augmented reality store experiences, according to the SAP Hybris Singapore Christmas Shopper survey.

    More than 1,000 consumers in Singapore were surveyed to uncover their Christmas shopping habits.

    When it comes to Christmas shopping, 68 percent of respondents said they prefer retailers with a physical store coupled with both e-commerce and mobile app, enterprise application software provider SAP said in a press statement on 8 December 2016.

    In addition, 54 percent prefer those who offer self-pickup services at a physical store.

    According to the results, 65 percent of respondents stated that retailers can improve their Christmas shopping experience by offering free shipping.

    “Singaporeans are amongst the most tech-savvy spenders in Asia, and no strangers to e-commerce,” said Nicholas Kontopoulos, Global Vice President of Fast Growth Markets for SAP Hybris in the Asia Pacific region. “Despite that and reports of Singapore’s continuously challenging retail landscape, the brick and mortar stores are definitely not dead.

    “In fact, the SAP Hybris survey found that 39 percent of Singaporeans still enjoy browsing through stores. This [shows that] Singapore is a truly multi-channel market, where most consumers are using a combination of devices in their online and offline shopping. In the future, offline and online shopping are no longer two separate business models. Singaporeans are demanding a seamless omnichannel shopping experience,” Kontopoulos concluded.

  • Huawei to supply network for PyeongChang 2018

    Huawei to supply network for PyeongChang 2018

    Huawei announced it has been selected as an official network equipment supplier for the 2018 Winter Olympic and Paralympic Games in PyeongChang.

    As an official supplier, Huawei will deliver a comprehensive network system covering a games, administration and facility network.

    The vendor facilitate the delivery of services including real-time competition data transmission, broadband certification for audiences and stadium security protection.

    A network equipment supply and sponsorship agreement was signed in Seoul yesterday by the PyeongChang Organizing Committee’s (POCOG) president and CEO Lee Hee-beom and Huawei’s enterprise business group president Yan Lida.

    “We are honored to be selected as the Official Network Equipment Supplier of the PyeongChang 2018 Olympic Winter Games,” Lida said at the ceremony.

    “With a wealth of expertise in network construction for large-scale sports events and stadiums, Huawei will provide full support to POCOG in building a cutting-edge network for the Games.”

  • Qantas To Launch 787 with Melbourne – LA Route

    Qantas To Launch 787 with Melbourne – LA Route

    Qantas will inaugurate long-haul flights with its new Boeing 787-9s by flying them between Melbourne and Los Angeles from December 15, 2017.

    The flight will be operated six times a week, replacing the current twice-weekly flight operated by a 747-400.

    Qantas also operates a daily Airbus A380 flight between Melbourne and Los Angeles.

    The carrier recently announced that it would fly its 787s non-stop between Perth and London from March 2018.

    Qantas has eight 787-9s on firm order.

  • The sectors expected to hire in Singapore Q1 2017

    The sectors expected to hire in Singapore Q1 2017

    A challenging employment outlook persists into the first three months of 2017 (Q1) as Singapore’s net employment outlook stands at a modest +9%, after the data is adjusted for seasonal variation.

    Of the 620 employers surveyed in the latest ManpowerGroup Employment Outlook Survey, 15% expect to increase staffing levels while 7% anticipate a decrease, and 71% foresee no change.

    Linda Teo, country manager of ManpowerGroup Singapore, commented that while hiring prospects remain relatively stable, there is a growing mismatch between jobs and skills, expected to worsen if not addressed by workers and employers.

    She added: “Lower skilled workers and PMETs with out-of-date skills will face the brunt of the recession – if it happens. With the slowing economy, unemployment figures for these groups of workers are likely to rise as employers put into action cost-saving measures.”

    Domestic hiring sentiment by sector

    Employers in six of the seven industry sectors surveyed expect to grow staffing levels during the first three months of 2017 [figure below]. The finance, insurance and real estate sector reports the strongest hiring sentiment with an outlook of +19%.

    Employers in the transportation and utilities sector forecast steady hiring activity with an outlook of +11% while employers in the manufacturing sector disclose an outlook of +9%.

    Elsewhere, employers in the public administration and education sector, and the services sector report outlooks of +8%. However, a decline in payroll for the wholesale trade and retail sector is foreseen as the outlook stands at -2%.

    manpower group - sectors hiring intentions

    Asia Pacific hiring outlook for Q1 2017

    Taiwan reports the region’s most robust Q1 hiring intentions with one of every four employers expect to add to their workforce. Opportunities for job seekers in Japan remain strong, with a quarter of all employers anticipate adding to their payrolls in the first quarter of 2017.

    Despite an overall slowdown in retail and tourism activity in Hong Kong, services sector employers report the first quarter’s strongest outlook, and steady hiring in the mining and construction sector.

    Employers in China remain cautiously optimistic with some payroll growth estimated in all industry sectors and regions.

    Meanwhile in India, the hiring pace is projected to decelerate for the fourth consecutive quarter. However, an active labour market is expected to continue, with more than one in five Indian employers intending to add to their payrolls through the next three months.

    ManpowerGroup global net employment outlook Q1 2017

    Over in Australia, efforts to emphasise non-mining sectors of the economy seem to be maintaining traction. Employers across all sectors and regions expect varying degrees of payroll gains. Employer hiring plans are also uniformly positive in New Zealand, with the most activity forecast in the transportation and utilities, and mining and construction sectors.