Giant supermarket chain is undergoing significant restructuring as it closes 11 of its outlets in Singapore in 2024, including notable locations in Bishan and Paya Lebar. These closures come amid rising operational costs and intense competition, with rival Sheng Siong...
Foreign brands are increasingly entering the Philippine retail market, particularly in provincial areas, as they set up shop in new retail centers like Megaworld’s Upper East Mall in Bacolod City. According to Colliers Philippines’ 2025 Philippine Property...
Korean fried chicken brand BHC is set to enter the Indonesian market in early 2025, marking its debut in the country. Dining Brands Group, the company behind BHC, confirmed the expansion following a master license agreement with Nachindo, an established Indonesian...
FILA has officially launched its presence in Malaysia with the opening of three stores within a month, marking a significant entry into the local market. The first store debuted at Pavilion KL on November 29, followed by a flagship outlet at Sunway Pyramid on December...
Aeon Mall Vietnam, a subsidiary of the Japanese retail giant Aeon Mall, has officially commenced construction on its largest mall in Vietnam, the Aeon Mall Thanh Hoa, with an investment of VND 4,157 billion (USD 163.8 million). The groundbreaking ceremony took place...
South Korean food major CJ CheilJedang is accelerating its expansion in Thailand with the launch of a new snack product, O-Right Protein Tempeh Chips, developed through its in-house food venture program, INNO 100. This marks the second product from the initiative,...
Indonesia has reached a significant milestone with 5.3 million products now halal-certified, according to the Minister of Religious Affairs, Yaqut Cholil Qoumas. He noted that this achievement has helped the country climb to third place in the 2023 State of the Global...
7-Eleven Philippines, operated by Philippine Seven Corporation (PSC), is gearing up for significant expansion in the coming years. The convenience store chain, which recently celebrated its 40th anniversary and the opening of its 4,000th store, aims to reach 500 new...
IOI Properties Group Bhd (IOIPG), one of Malaysia’s largest real estate developers, has announced the launch of the IOI Rio City masterplan, a 40.46-hectare (100-acre) integrated development in Bandar Puteri Puchong, Selangor. With a gross development value of...
Japanese retailer Aeon has announced plans to invest USD 35 million in constructing a new shopping mall in Phu Ly town, located in Vietnam’s northern Ha Nam province. This investment was formalized through a memorandum of understanding (MOU) signed between Ha Nam...
Chick-fil-A, Inc., the third-largest quick-service restaurant chain in the United States by sales, has announced plans to open its first restaurant in Singapore in late 2025, marking its entry into the Asian market. The expansion is part of a 10-year, USD 75 million...
Interfel, the French fresh fruit and vegetable association, is launching a new promotional campaign for French apples in Thailand in December 2024, following a year of successful activities. This winter campaign will kick off with a press event on December 14 and will...
