Regulatory Archives - Page 2 of 39 - Inside Retail Asia

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.

South Korea’s CU fined US$1.4 million for unfair trading

South Korean convenience-store operator BGF Retail has been fined for pushing exorbitant sales promotion costs onto its suppliers.

Hong Kong Customs arrest coronavirus profiteers

Two retailers have been arrested for trying to profit from the coronavirus crisis after spot checks by Hong Kong Customs staff.