The Philippines office market registered positive growth as demand rose by 22.5% in the first quarter of 2021 on account of optimism on post-pandemic economic recovery, according to Leechiu Property Consultants (LPC). The office demand reached 109,000 square meters...
South East Asia’s leading e-commerce platform Shopee has partnered with SkillsFuture Singapore (SSG) through the SkillsFuture Queen Bee program to help small and medium-sized enterprises (SMEs) upskill their operations and expand into the e-commerce sector in...
Sony Pictures Entertainment has teamed up with Thai company Amazon Falls to set up a 14-acre (5.66 ha) amusement park called Aquaverse based on its Columbia Pictures productions. The amusement park is located in the seaside town of Bangsaray, 20 minutes from Pattaya...
Property developer Boutique Corporation Public Company Limited is building a lifestyle community mall in Charoenkrung, a major road in Bangkok, that combines the very best of shopping, dining, wellness, and education outlets for locals and visitors. Boutique...
FGV Integrated Farming Holdings, a subsidiary of Malaysia’s largest agricultural and agri-commodities company, FGV Holdings Bhd, has entered the animal feed and nutrition business segment with the launch of its new animal feed brand, ALMA. ALMA’s antibiotic-free...
The COVID-19 pandemic is having a positive impact on the e-grocery market in Indonesia. While currently valued at USD 1 billion, the market is estimated to reach USD 6 billion by 2025. The growth is supported by Indonesia’s demography and growing internet penetration...
Japanese company LIXIL, the largest housing and building materials company in Japan, has launched a flagship showroom in Singapore. The 6,000 square feet store brings multiple LIXIL brands under one roof, and offers a wide range of sustainable living solutions,...
The Vietnamese market is attracting a growing number of global luxury companies. According to Statista, Vietnam’s luxury goods market is estimated to reach USD 1.14 billion in 2021. The market is expected to grow annually by 7.17% over the 2021-2025 period. Italian...
The Philippines’ largest sardines brand, Mega Global Corporation, continues on its biggest expansion in the company’s history, a response to the double-digit growth in domestic demand for its products even before the pandemic. Moreover, the lockdowns that...
FGV Holdings Berhad (FGV), Malaysia’s plantation and food conglomerate through its subsidiary firm Delima Oil Products Sdn Bhd (DOPSB) is planning to expand its downstream segment across the Asia-Pacific region. FGV has launched three new plant-based industrial...
Swedish furniture giant IKEA is on track to open its largest store in the world in Manila in the 3rd or 4th quarter of 2021. Towards the end of February 2021, it had already put up its iconic logo at the storefront of its Philippine flagship store at the Mall of Asia...
In 2020, Indonesia’s food delivery service accounted for USD 3.7 billion in Gross Merchandise Value (GMV), making it the largest market in the region. Overall, the region’s GMV registered a 183% increase from previous year and exceeding the 91% growth rate from 2018 –...
