Global consumer market research firm, NielsenIQ has released a report on the proliferation of fast-moving consumer goods (FMCG) products and consumer behavior based on its global study. NielsenIQ found that the most underperforming categories have on average 75% of...
Retailer Pick & Go has opened three unmanned and checkout-free stores in Singapore, offering daily necessities such as snacks, drinks, and other essential options. Founded in 2019, Pick & Go is the first unmanned convenience store in the South East Asian...
SM Prime Holdings has announced that it will open three new shopping malls as well as expand several existing malls in 2021. The planned mall launches and expansion projects will bring the total number of SM malls in the Philippines to 79 and add around 367,000 square...
Vietnam boasts one of the most dynamic retail markets in the world. According to the General Statistics Office of Vietnam, the total retail sales of consumer goods and services increased by 2.6% in 2020, compared to 2019 levels, growing by more than USD 11 billion. It...
Malaysian halal food delivery start-up Ode Jee is looking to expand its services nationwide by the end of the year. The company started operating in Johor state in February 2021 and looked to begin servicing vendors on the east coast in April. The company is aiming...
Indonesia-based social commerce startup KitaBeli has raised USD 10 million Series A funding to expand operations into the Indonesian island of Java and tier 2—4 cities. The funding round was led by Go-Ventures, with participation from KitaBeli’s existing...
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...
