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  1. India's protectionist shopping spree

    Posted Jun 12th 2006, 12:00am by Sunanda Kisor Datta-Ray

    ... Sunanda Kisor Datta-Ray Like China, India, too, is on a shopping spree. But whereas the Chinese allow half of the world's 70 top retailers to set up shop, India won't allow any. ... would probably like to give foreign retailers free entry. Wal-Mart, K Mart, Ikea and British provision chain Tesco are eyeing what promises to burgeon into one of the world's biggest ...

  2. Dodgy data on HK's spending spree should carry a health warning

    Posted Jun 05th 2006, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp Shoppers splashed out on cars, clothing and other consumer goods in April, pushing retail sales up a higher than expected 9.4 per cent year on year to $18.6 billion, ... health, some statistical releases definitely need warnings attached to tell you that the contents are not what they seem. This kind of warning comes along with the retail sales statistics every ...

  3. HK's retail sales reach $21.2b in January

    Posted Mar 02nd 2006, 12:00am by Staff Reporter

    ... LAI YING-KIT Updated at 5.39pm: Hong Kong's retail sales increased to $21.2 billion in January- up 11.6 per cent over the same period in 2005, figures released on Thursday showed. After accounting for the effect of price changes, retail sales rose 10.5 per cent in volume, figures by the Census and Statistics Department showed. Sales of footwear, allied products ...

  4. Retailers eager to demonstrate power of service with a smile

    Posted Feb 17th 2006, 12:00am by Staff Reporter

    ... In shops and restaurants across Hong Kong, the customer is king like never before. As spending power grows, choice becomes ever more bountiful and competition among rival retailers ever ... Kong Retail Management Association (HKRMA). The awards, in their 20th year, attracted a record 547 nominees, 200 more than in the previous year. And this year, with the opening date ...

  5. Retail players move from banks to funds

    Posted Mar 10th 2006, 12:00am by Enoch Yiu

    ... investment Enoch Yiu The number of retail investors in Hong Kong has jumped by almost 500,000, or 30 per cent, over the past two years to 2.1 million, as negligible bank interest returns ... role in increasing the financial knowledge of our retail investors,' SFC chairman Martin Wheatley said. ...

  6. Massive ICBC demand may hit retail investors

    Posted Oct 24th 2006, 12:00am by Staff Reporter

    ... Despite increase in retail portion, the record-breaking IPO may see some HK punters not getting any shares Industrial and Commercial Bank of China's record-breaking US$19.1 billion initial public offering was so heavily oversubscribed that some retail investors in Hong Kong will wind up empty-handed, markets sources said. Although the precise formula under which shares ...

  7. Growth in retail sales tipped to slow

    Posted Jan 04th 2006, 12:00am by Felix Chan

    ... Felix Chan The retail sector is bracing for a slowdown this year, industry representatives and analysts said yesterday as the government announced a 4.2 per cent rise in retail sales for November. The value of retail sales in November topped $15.8 billion, a year-on-year rise of 4.2 per cent but down from the 4.8 per cent increase recorded in October. For the first 11 months of last ...

  8. Retail space is in hot demand as oil-wealthy Calgary splashes out

    Posted Jan 11th 2006, 12:00am by Markus Gaertner

    ... Markus Gaertner in Vancouver A relentless oil boom in Alberta, Canada is turning retail space in the city of Calgary into one of the country's hottest commodities. The city's retail vacancy rate has hit an all-time low of 2.04 per cent, according to a new report by commercial real estate company Colliers International. 'This is a very strategic market because ...

  9. MegaBox packs a retail punch

    Posted Mar 15th 2006, 12:00am by Staff Reporter

    ... of MegaBox Development, a unit of Kerry Properties, said 50 per cent of space had been leased so far. MegaBox, a 19-storey project with 1.1 million sq ft of space, is the retail portion of the 1.6 million sq ft Enterprise Square 5 development. Mr Tong said the biggest tenant was home improvement retailer B&Q Asia, which last year signed to lease 120,000 sq ft of space over two ...

  10. Music retailers battling to tap into download market

    Posted Jun 19th 2006, 12:00am by Vivienne Chow

    ... Copyright issues are making it difficult for music retailers to plug into the boom in online digital-music retailing. Emily Butt, director and general manager of HMV Hong Kong and Singapore, said retailers' negotiations with record labels for a digital catalogue were also being complicated by programming and hardware issues. 'We are talking about the standard 99 US ...




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