Singapore-based Ninja Van recently became one of South East Asia’s best funded startups when it raised USD 279 million in Series D funding round amid COVID-19. Launched in 2014, Ninja Van to date has become the region’s largest and fastest-growing...
In order to keep their businesses running amid the Covid-19 outbreak, retailers in Thailand are experimenting with a mix of alternative sales strategies like drive-through and calling up customers directly. Using such methods, Central Retail Corporation Pcl (CRC),...
The Vietnam Industry Research and Consultancy (VIRAC) forecasts that the dairy industry will continue to grow in 2020, with increasing investment in dairy farms to reduce dependence on imported milk and to meet domestic consumption needs. The goal for 2020 is to...
Singapore’s Aice Group has opened up a second ice cream factory at the Ngoro Industrial Park, located in Mojokerto, East Java, Indonesia. The 44,152 m2 facility is the largest of its kind in South East Asia. The plant, which costed USD 50 million, will have 14...
Biotech company Holista Biotech Sdn Bhd, a wholly-owned subsidiary of Australia-based Holista CollTech Ltd, has signed a five-year agreement with Rex Industry Berhad, one of Malaysia’s largest food and beverage manufacturers, for the supply of its 80Less...
Grab, the leading ride-hailing platform in South East Asia which also offers food delivery and digital payment services, officially launched its on-demand grocery delivery service called GrabMart in the Philippines that aims to help bring the daily necessities and dry...
Enterprise Singapore (ESG), the government agency which supports enterprise development, has launched a support package to help SME retailers, who have little or no e-commerce experience, to start their business transformation by selling online. The E-Commerce...
Despite the impact of the COVID-19 outbreak on the retail sector, Japanese discount chain store Don Don Donki has expanded its retail network by opening a second outlet in Thailand. Located on Ratchadamri Road, the new outlet is three times bigger than the first one,...
The second outbreak of COVID-19 in March caused the government to impose stricter measures to control the movement of the virus, severely affecting all of Vietnam’s major trading and investment partners. As a result in the 1st quarter of 2020, Vietnam’s GDP has been...
The Philippines is expected to buy more pork and chicken from the global market as African swine fever (ASF) cases in the country would pull down local supply according to a report by the United States Department of Agriculture (USDA)-Foreign Agricultural Service...
Singapore-based fintech company, MatchMove announced that it is making a strategic investment an agreement with local e-commerce enabler Shopmatic. This investment will enable MatchMove to extend its ‘Banking-as-a-Service’ wallet capability to Shopmatic’s ecosystem of...
On March 9, 2020, CP Group, Thailand’s biggest agribusiness conglomerate, reached an agreement with British grocery chain Tesco to purchase its businesses in Thailand and Malaysia for USD 10.6 billion. Following this agreement, CP will own 86.9% in Tesco Stores...
