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AirAsia invests in philippine operation

AirAsia to invest $500 million in Philippine operations

International budget carrier AirAsia plans to expand its operations in the Philippines. Malaysia’s budget airline AirAsia Berhad plans to invest $500 million to expand its Philippine operations as part of its business consolidation in...
Samsung secong manufacturing facility_Vietnam

Samsung to build another smartphone plant in Vietnam

Vietnam to get a second Samsung smartphone plant. The Vietnamese government has approved Samsung Electronics to build its second smartphone plant in the country. The company will invest $3 billion to construct a manufacturing facility in Thai...
Singapore airline marketing deal Tourism Australia

Singapore Airlines inks marketing deal with Tourism Australia

Tourism Australia and Singapore Airlines to fund tourism campaigns and promotions across seven countries. Singapore Airlines (SIA) and Tourism Australia announced a three-year marketing deal for A$12 million on November 10, 2014. Through this...
Google and LG sign 10 year patent deal

Google and LG sign 10-year patent pact

In a decade long cross-licensing partnership, Google and LG agree to license each other’s patents. Technology giants Google and LG Electronics have signed a 10-year-long cross-license deal that involves both existing and future products,...
Samsung electronics invests in virtual reality games

Samsung Electronics invests in virtual reality games

South Korea’s Samsung Electronics bifurcates focus on virtual reality games. Samsung Electronics, in order to boost its virtual reality (VR) business, is investing in VR game developers. The firm is currently preparing the market for...
Softbank Snapdeal agreement_ola cabs

Japan’s Softbank Group to invest $627 million in Indian e-tailer Snapdeal

India’s Snapdeal finds its largest shareholder in Japan’s Softbank Group. Japanese mobile carrier Softbank Group announced that it would invest in one of the leading Indian online retailers Snapdeal to expand its presence in the...
SAP innovation center singapore

SAP Innovation Center to open in Singapore

Singapore will get its SAP Innovation Center by 2014 end. German software maker SAP will open the SAP Innovation Center in Singapore by the end of 2014, in a bid to expand its regional presence after 25 years of success in the Asia-Pacific...
takashimaya store thialand

Premium Japanese store Takashimaya to open in Bangkok

Iconsiam in Thailand will soon host high-end Japanese department store Takashimaya. Japan’s premium department store Takashimaya will open its new flagship store in Iconsiam, Thailand, which is a 50 billion Baht upscale national landmark...
Tesco Homeplus_pull out korea

Tesco may pull out from South Korea

UK retail giant Tesco may exit South Korea as discount chain Homeplus faces shut down. MNC retailer Tesco may reportedly discontinue its Korean operations as the impending visit of the new CEO, could mean the shut down of discount chain Homeplus,...
Alibaba double 11 shopping festival global

Alibaba to expand ‘double 11′ festival at global level

E-commerce giant Alibaba to upgrade its ‘double 11′ festival into a global shopping carnival. China’s largest online marketplace Alibaba plans to take its annual festival ‘double 11′ beyond borders by transforming...