Regulatory Archives - Inside Retail Asia

Strict Thai curfew forces stores to close nationwide

Thailand’s government has imposed an overnight curfew effective tonight that will force the closure of tens of thousands of convenience stores and street vendors.

Coroner hears details of infant’s death at Urban Revivo

A free-standing mirror which crushed an infant to death at an Urban Revivo store at Jewel Changi last August weighed more than 100kg, the Singapore coroner heard yesterday.

Singapore government urges citizens to avoid malls, observe safe distancing

The Singapore government is instructing local consumers to defer non-essential visits to malls as part of an effort to encourage social distancing in the midst of the coronavirus crisis.

Esprit places its German subsidiaries into administration

Hong Kong-listed apparel retailer Esprit has placed six German subsidiary companies in administration to give them protection during the coronavirus crisis which has decimated sales.

Tao Heung shuts 48 restaurants for a fortnight in coronavirus fight

Chinese restaurant operator Tao Heung will shutter all 48 of its venues for more than a month following tightening restrictions on dining in Hong Kong.

Bangkok shopping centres, markets closed for three weeks

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

Muji parent Ryohin Keikaku caught in US$68 million tax dodge

Muji store parent Ryohin Keikaku has been found to have dodged paying US$68.3 million in tax by transferring taxable income to its operations in China.

Hong Kong government launches cash relief for retailers from Monday

The Hong Kong government will allocate US$271 million in aid for around 70,000 retailers affected by the coronavirus outbreak.

Apple fined €1.2 billion for price fixing in Europe

US tech firm Apple has been found guilty of anti-competitive behaviour by a French antitrust body and fined US$1.32 billion.

Metro Manila malls close, with only supermarkets, pharmacies remaining open

After Philippine President Rodrigo Duterte announced an “enhanced community quarantine” yesterday across Luzon, Metro Manila malls and some stores were temporarily closed to comply with the government’s fight against coronavirus.

Fake luxury goods seized in famous Vietnam markets

Ho Chi Minh City authorities seized thousands of fake luxury goods at two famous local markets last week.

Juice chain Hui Lau Shan served with winding-up order

Juice chain Hui Lau Shan has been served with a winding-up order in Hong Kong’s High Court over unpaid rents for one of its mall locations, dating back to October.