Valiram, a Malaysian retail business, has launched Indonesia’s first Salvatore Ferragamo store. The store, located in Plaza Indonesia, is part of Valiram’s expanding international network of stores under various licensed brands, including Victoria’s...
Thai retailers are evolving from big box stores with a wide variety of products and prices to next-generation stores catering to a modern lifestyle and capitalizing on technology to offer personalized products and services. In effect, both large and small retailers in...
In a bid to encourage blockchain-related innovation, the central bank of Singapore: Monetary Authority of Singapore (MAS) introduced stricter digital asset regulations. MAS’ Managing Director, Ravi Menon, said that despite several warnings to investors against digital...
Thailand’s largest beverage company, Thai Beverage (ThaiBev), has confirmed its commitment to spend THB 5-8 billion (USD 130-210 million) to expand its businesses in 2023, mainly targeting for the domestic market. Of the total investment budget, THB 1.1 billion...
The BHC Group, South Korea’s second-largest chicken franchise by sales, has announced the opening of its third store in Malaysia in November 2022 as part of its strategy to expand into Southeast Asia. The new restaurant is located in Kuala Lumpur and will be...
E-commerce enabler Etaily held its first media roundtable series in mid-September 2022, entitled “The Etail Insider”, where some industry players shared the latest trends and insights in the Philippines’ e-commerce sector. Etaily founder and CEO...
Vietnam is registering an increasing number of Japanese retailers entering the local market, from malls to store chains in residential areas. At present, Japanese company Aeon has 200 stores in Vietnam, including six shopping malls. By 2025, the retailer wants to...
Irish food wholesaler Musgrave Group, currently Ireland’s largest grocery distributor, with operations in Ireland and Spain, has sealed a deal to supply hundreds of products from its SuperValu brand range to RedMart in Singapore, the online supermarket arm of...
The gaming company Shanghai Moonton Technology Co. Ltd. Partnered with global branded payments provider Blackhawk Network to launch the gaming company’s first physical gift cards for the gaming app Mobile Legends: Bang Bang (MLBB) in Indonesia. With over 1 billion...
AllHome, the country’s one-stop full-line home center, is ramping up expansion as it banks on sustained optimism among consumers in the post-pandemic scenario. “The country at large has successfully demonstrated and sustained its optimism in the post-pandemic...
South Korean cosmetics businesses are battling established Western and Japanese rivals in Indonesia, a country increasingly enthralled with the worldwide Korean cultural wave. Almost 100 beauty firms, mainly from South Korea and Indonesia, are participating in Krista...
Malaysian Bulk Carrier, Berhad (MAYBULK) has entered into a conditional agreement with leading retail group Tunas Manja Sdn Bhd (TMSB) to explore opportunities in the grocery retail business. It is part of an effort to diversify Malaysian Bulk carriers’ revenue...
