Phoenix Petroleum Philippines Inc, through its wholly-owned subsidiary Philippine FamilyMart CVS Inc, announced that it is in negotiation to acquire the assets of convenience store chain Circle K in the country. Circle K in the Philippines is operated by Super 8...
Singapore-based online food startup, Grain, announced on 10 May that it has raised USD 10 million in a Series B fundraising round, in the form of a mix of equity and venture debt. The round was led by Thailand’s Singha Ventures. Singha Ventures is the corporate...
Airports of Thailand, a state-owned enterprise which operates six major airports in Thailand, has two open tenders for two contracts; one for the operation of stores at Bangkok Suvarnabhumi Airport, Thailand’s flagship gateway and another for store operation across...
The Vietnamese cosmetics market has enjoyed constant growth in recent years thanks to rapid economic development and a large young population. The market is growing at more than 8% annually and is dominated by international brands. There are approximately 400...
Sri Mulyani Indrawati, Indonesia’s finance minister, has announced that Indonesia is halting the implementation of PMK 210/2018, a regulation which governs the taxation of eCommerce. It was first announced in January this year and was supposed to be implemented on 1...
After taking into account feedback from stakeholders, the Malaysian government decided to postpone the implementation of sugar tax on soft drinks and juices to July 1 from the previously announced April 1. This postponement aims to give manufacturers and the Customs...
Philippine real estate company, Federal Land, has partnered with Japanese peer Nomura Real Estate Development and retail specialist Isetan Mitsukoshi Holdings to develop the first Mitsukoshi Mall in the Philippines that will be located at the Bonifacio Global City....
On 11 April, Jewel Changi Airport (Jewel) gave selected members of the public a sneak peek into a 135,000 sqm lifestyle destination at Changi Airport, developed by Jewel Changi Airport Trustee Pte. Ltd., a joint venture by Changi Airport Group and CapitaLand. Built on...
RS Media & Publishing Company (RS Media) has moved its business category in the Stock Exchange of Thailand from “media & publishing” to “commerce” with effect from March 29. RS Media operates satellite television stations and radio stations and organizing...
In early April 2019, VinCommerce, a retail subsidiary of local conglomerate Vingroup, took over convenience store chain Shop&Go for a symbolic value of 1 USD. Shop&Go is a brand from Singapore, which ran the first convenient store in Vietnam in 2006. It has...
The Singapore government has set a target to locally produce 30% of Singapore’s nutritional needs by 2030. Currently, Singapore imports over 90% of its food requirements. To achieve this “30 by 30 vision”, the government will help the local agri-food industry to adopt...
Suntory PepsiCo Beverage (Thailand) Company Limited or SPBT, producer and distributor of the most popular beverages under Suntory and PepsiCo, is further expanding its array of refreshment products with the introduction of a new beverage, ‘goodmood’. The new product...
