Shopping centers are expanding strongly in Bangkok, with the Thai capital aiming at reinforcing its role as Southeast Asia’s luxury hub. Importantly, Bangkok will inaugurate at least five megaprojects in 2023 that aim to become a point of reference for expats, locals...
Singaporean oat milk brand OATSIDE held its official launch in the Philippines at Papakape, Fort Santiago, Intramuros Manila on May 9, 2023. In partnership with the Moment Group, guests were able to taste Filipino cuisines and delicacies that incorporated OATSIDE,...
According to real estate agency Savills Vietnam, many luxury brands have targeted Vietnam as part of their market diversification strategies. Although China is still a critical market for the global luxury retail sector, Southeast Asian countries, including Vietnam,...
FamilyMart Malaysia, a leading Japanese convenience store chain, announced that its FamiCafé has obtained halal certification from the Department of Islamic Development Malaysia (JAKIM), the government agency responsible for the Islamic affairs in the country. The...
Gulf Marketing Group (GMG), a Middle Eastern conglomerate, has announced that it will open its first Sun & Sand Sports (SSS) store in Singapore. SSS, established in Dubai in 1979, is the middle east’s largest sports retailer, and has been credited for championing...
It has recently been announced that a flagship store for Japanese furniture and home furnishings giant Nitori will be opened by Thai real estate company Central Pattana at the CentralWorld mall in August 2023. CentralWorld is located in the heart of Bangkok, where...
Indonesia’s dynamic coffee industry has recently witnessed some interesting developments. Tech-enabled coffee chain Flash Coffee recently closed its series B round totaling USD 50 million, which the company revealed it will use to expand deeper into Indonesia,...
Siam Makro group, operator of Thailand’s number one wholesaler Makro, and leading retailer Lotus’s, has announced its collaboration with Oracle to drive digital transformation and become a more data-driven company. Previously, the Siam Makro group implemented Oracle...
In the first two months of 2023, Vietnam attracted a total foreign direct investment (FDI) of USD 146 million, with a large amount coming from Japanese manufacturers and retailers as they have continuously unveiled plans to highlight their presence in the country....
Local insurance firm EastWest Ageas Insurance President and Chief Executive Officer (CEO) Sjoerd Smeets said that with the lower level of financial literacy in the country compared to advanced economies, Filipinos are not keen on getting insurance coverage. However,...
CPF Global Food Solution Public Company Limited (CPFGS), a business unit of Thai F&B conglomerate Charoen Pokphand Foods Public Company Limited (CPF), has formed a joint venture with Japanese fresh fish retailer, Uoriki to import premium fresh fish and seafood...
The Tun Razak Exchange, a 70-acre development for international finance and business, recently announced a new retail development, The Exchange TRX, set to open in Kuala Lumpur in the fourth quarter of 2023. With a 1.3 million square foot of net lettable area, the...
