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BUSINESS

Shaping the wealth

Asia focus, Nareerat Wiriyapong, Published on 18/11/2019

» � These are exciting times for Asia's wealth market. The global economic centre of gravity has shifted to the region, which has now become the wealth creation centre of the world. A report issued in June by Boston Consulting Group (BCG) projected that wealth in Asia excluding Japan would expand by 9.4% from 2018 to 2023.

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BUSINESS

E-commerce forces brick-and-mortar stores to innovate

Asia focus, Erich Parpart, Published on 24/04/2017

» With e-commerce being fitted into their arsenals, retailers are now aiming to provide new experiences and greater convenience for shoppers. And while bricks-and-mortar stores will continue to exist, they are no longer places exclusively for shopping, but also must function as showrooms and fitting rooms.