Major

Macau's inflation still on the rise

Source: 
macaubusiness.com

Macau’s Composite Consumer Price Index, the city’s major indicator of inflation, increased by 6.15 percent year-on-year in August.

The increment was fuelled by higher charges for meals bought away from home, as well as rising prices of gasoline and gold jewellery.
 

Zhang navigates major changes at China's Gome

Source: 
The Wall Street Journal Online

Zhang Dazhong says his aim as chairman of Gome Electrical Appliances Holding Ltd is to bring a little respect to one of China's biggest retailers of consumer electronics. It's a frank assessment from the retail veteran who became chairman in March after a long power struggle at Gome, whose founder and largest shareholder Huang Guangyu is currently serving a 14-year prison sentence for bribery and other illegal business practices.

New software helps shoppers to compare prices for online shopping

Source: 
The Wall Street Journal Online

Online shopping is quick and easy if you know what you're looking for, or only have to decide between a couple of products. But it can get tedious and time-consuming if you're making a purchase that requires lots of comparisons over multiple sites.

Digital Folio, a new, free software product to be announced next week, is a browser add-on that lets you save and view potential product choices in a single place, and quickly see how their prices compare among some major online retailers.

Global retail markets rebound strongly, Cushman & Wakefield

Source: 
Cushman & Wakefield

Despite the fragile economic recovery and subdued consumer sentiment in many countries, global retail markets have rebounded strongly during the last year according to Cushman & Wakefield.

lebua Hotels & Resorts announces expansion to India

Source: 
HA+D

lebua Hotels & Resorts has announced plan to open three to four properties in major cities across India, beginning with Delhi, set to open by the end of the year.

The 400-room property will be located in Dwarka in West Delhi. Food and beverage offerings will include a high-end, authentic Indian restaurant with an Indian Michelin-starred chef. Signature lebua restaurants from the Bangkok flagship, Mezzaluna, Sirocco and Breeze, will open in the hotel following the soft launch in December.

Recycled paper not yet on a roll in HK

Source: 
scmp.com

It is not easy being green in Hong Kong, especially when it comes to your toilet paper.

It might make sense that the toilet roll used to clean up your dirtiest deeds would come from the last dregs of a paper's life cycle, but in Hong Kong it is most likely you are flushing virgin pulp down the drain.

Despite global advocacy for less paper usage by Greenpeace and other environmental groups, eco-conscious consumers are at a loss for choice with major retailers in Hong Kong stocking toilet rolls made mostly from virgin pulp, with few, if any, choices for a recycled option.

The real challenges of India's luxury retail market

Source: 
cpp-luxury.com

Asia's third largest economy growing at a rate of 7 percent and home to over 200,000 millionaires, India is one of the toughest luxury markets in the world. The writer of this article discusses about the challenges of the luxury market in India:

Vietnam to boost minimum wage in major cities as inflation climbs

Source: 
ChinaPost.com.tw

Vietnam will increase minimum wages by up to almost half in its major cities from 1 October in a bid to help workers cope with one of the world's highest levels of inflation.

Debenhams reveals Indian expansion plans

Source: 
Retail Week

Department store Debenhams has revealed major expansion plans for India, according to reports.

Debenhams, which opened its first department store in India’s Gurgaon district in the National Capital Region in October 2007 with franchisee Planet Retail Holdings, has said it plans to expand rapidly in the country.

It wants 15 stores in eight cities across India over the next two and a half years. It has one store in the country presently.

Electric vehicles to swamp Indian & Chinese markets

Source: 
The Financial Express

With Reva already having made an entry in the Indian electric-car market and GM and Renault having it in their pipeline, electric vehicles (EVs) may become major market players in emerging markets of India and China.

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