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Insights
23-Oct-18 Following a strategic partnership between Ant Financial's Alipay and Korean payment system integrator Kakaopay, all taxis in Seoul will accept Alipay from Jan-19. The service will take payment from Chinese visitors via Alipay and locals via Kakaopay. [image: Alipay / Payment Week]
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Insights
18-Oct-18 South Korean capital is leaking out of China, flooding into the US and pouring into South and Southeast Asia. Investments include the world’s largest mobile phone factory, a USD716 mn spend by Samsung Electronics in India. [image: Export-Import Bank of Korea]
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Insights
17-Oct-18 Singapore e-payments provider Nets is in talks with WeChat Pay to allow its users to make mobile payments in China. The partnership would allow NetsPay users to scan QR codes in China and settle purchases in Singapore dollars. [image: South China Morning Post]
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Insights
16-Oct-18 Clothing and fashion industry professionals are optimistic about sales over the next year, according to a Hong Kong Trade Development Council survey. Over 60% of sellers see China, ASEAN, Japan and Taiwan having the greatest potential. [image: HKTDC Survey]
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Insights
10-Oct-18 The future of brands like Chanel, Gucci and Prada in China may lie in cities like Hohhot, 10 hours by rail from Beijing. In such cities, with no luxury stores, buyers are twice as likely to make purchases online. [image: Shutterstock]
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