Despite the changing restrictions, delays and safe-management measures resulting from the pandemic, Singapore is still seeing many businesses being formed, with the number of businesses formed exceeding that of closures. According to the Accounting and Corporate...
Thai grocery and general merchandising retailer Big C has just opened its first store in Phnom Penh, Cambodia´s capital. The opening of the first store in Phnom Penh is part of Big C’s expansion drive in Southeast Asia. The company has announced plans to spend close...
Masan MEATLife Corporation (MML), one of Vietnam’s largest consumer-focused business groups, and De Heus Vietnam, one of the global leaders in the animal nutrition and husbandry industry, have signed a Memorandum of Understanding (MoU) which aims to raise the...
AllDay Marts Inc. filed its application to the Securities and Exchange Commission (SEC) for its PHP 6 billion (USD 120 million) initial public offering (IPO). The proceeds from IPO will be used for debt repayment and capital expenditure to continue its expansion....
Retail-Tech startup AImazing has announced the launch of its retail-analytics data platform, aimed at allowing mall management and real-time data analytics without the need for expensive integration. The Singapore-based company, which was founded in 2015, currently...
Thailand’s largest conglomerate. Charoen Pokphand (CP) Group, has announced that it will overhaul its Lotus supermarket chain in order to align to new shopping habits in the wake of the Covid-19 pandemic while refreshing its brand image. The...
The Ministry of Foreign Affairs recently held a virtual workshop aimed at increasing Vietnamese exports to the halal market and develop a strategic and comprehensive plan for the local industry. According to Deputy Minister of Foreign Affairs, the global halal market...
Due to the Covid-19 pandemic, Indonesia has witnessed a series of lockdowns and social restrictions which prompted as many as 1,600 food establishments to close their doors. The F&B industry has responded by growing online channels, while the rise of food delivery...
The Covid-19 pandemic has contributed to the development of “Buy Now, Pay Later” (BNPL) segment in Malaysia, as retailers who have been impacted by long lockdowns turned to BNPL as means to connect with the digital-savvy consumers. BNPL services in Malaysia are still...
AirAsia Digital (the digital arm of multinational low-cost airline AirAsia) and ride-hailing unicorn Gojek have announced a partnership whereby AirAsia Digital will acquire Gojek’s operations in Thailand. The USD 50 million deal is expected to strengthen the expansion...
Muji, a renowned Japanese retail company selling a wide variety of consumer goods, recently opened its first flagship store in Hanoi’s Vincom Center Metropolis, after opening a new store in Ho Chi Minh City in November 2020. The store in Hanoi, which measures...
Swedish furniture maker has announced that IKEA Philippines will open its outlet in the Philippines in the 4th quarter of 2021. It was originally planned to open in 2020 but was delayed because of construction adjustment. According to its Philippines store manager,...
