Pomelo, a Thai fashion-tech brand, has revealed plans to launch additional partner stores. The brand recently secured USD 52 million from investors that include Central Group, Provident Growth Fund and InterVest Star SEA Growth Fund. Currently, Pomelo has nine retail...
Vietnam’s first-ever store of Japanese apparel retailer Uniqlo is scheduled to open in downtown Ho Chi Minh City (HCMC) by the end of 2019. The store, named Uniqlo Dong Khoi, will be located at the Parkson Saigon Tourist Plaza on the corner of Le Thanh Ton and Dong...
Singaporean insurtech firm, Axinan and Indonesian eCommerce company Bukalapak recently announced a partnership to provide insurance solutions for users of Bukalapak’s eCommerce platform. The partnership will provide protections for both merchants and customers....
On 4 September, Hong Kong-listed Vinda International Holdings Ltd announced that it will invest more than MYR 500 million (USD 119 million) on a new regional hub in Malaysia for five years until 2023. Vinda runs four core business segments, namely tissue, incontinence...
The Philippines’ Department of Trade and Industry (DTI) has expressed its interest to enter into a Mutual Recognition Arrangement (MRA) on halal certification and accreditation with Indonesia in a bid to strengthen bilateral economic relations between both countries....
Japan’s largest passenger train line operator, East Japan Railway Company (JREast) is planning to open retail outlets at 27 of the 32 stations on Singapore’s upcoming Thomson-East Coast MRT (Mass Rapid Transit) Line, which will begin partial operations by the...
Thailand is expected to introduce a value-added-tax on electronic businesses in 2020, aiming at collecting between USD 98 million to USD 131 million a year. The proposal will be sent for parliamentary approval later in 2019. According to official sources, the...
A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup Joint Stock Company (Vingroup), signed agreements for an investment in VCM Services and Trading Development Joint Stock Company (VCM), a subsidiary of Vingroup that engages primarily in consumer...
Chinese online e-commerce giant JD.com has become the largest shareholder in Tiki Vietnam, Vietnam’s second largest e-commerce platform by traffic after Singapore-based Shopee. It’s primary competitors in the country are Alibaba owned Lazada and Singapore-based...
DKSH Business Unit Consumer Goods, through its Indonesian partner Wicaksana, has partnered with e-commerce giant, Tokopedia, to distribute consumer goods on the Online-to-Offline (O2O) wholesale trading platform, Mitra Tokopedia. The collaboration encompasses the two...
MyNews Holdings Berhad, the parent company for local convenience store MyNews, has recently launched its own food processing center (FPC) to produce fresh food to be placed in about 200 outlets located in Klang Valley. Divided into two sections, the FPC is capable of...
Leading real estate developer, Megaworld is planning to open eight new Megaworld Lifestyle Malls outside of Metro Manila, in key regional centers across the country in the next three years. The company is offering around 200,000 square meters of fresh retail inventory...
