Venturi Partners, a Singapore-based growth equity firm, announced a USD 25 million investment in the expansion of global discount grocery chain DALI, marking its second investment in the Philippines. DALI, with over 200 branches nationwide, is a hard-discount retailer...
Siam Piwat Group, a prominent real estate and retail developer in Thailand, has partnered with Hyundai Department Store, the largest department store chain developer in South Korea, to enhance the retail landscape in Thailand. Through a memorandum of understanding...
Lovevery, the global early childhood brand, has announced the launch of its early learning program, The Play Kits, in Singapore. The latest APAC expansion comes one year after launching their award-winning subscription in Australia. Families in Singapore will now...
Malaysia further solidified its position as a global halal hub by signing two Memoranda of Understanding (MOUs) with Japan. These agreements aim to enhance international halal practices and standards, improving infrastructure and halal certification in Japan and...
IKEA, the renowned furniture retailer, is expanding its reach in the Philippines to key cities like Davao, Cagayan de Oro City, and Iloilo City. This expansion signifies IKEA’s commitment to catering to the growing demand for affordable home furnishings in these...
Masan Group’s Phuc Long Coffee & Tea is pivoting its strategy from focusing on WinMart coffee kiosks to expanding its network of coffee shops in Vietnam’s key urban areas. The firm has unveiled plans to inaugurate between 30 and 60 new outlets in Hanoi...
Chateraise, a Japanese confectionery company, just announced plans to aid local cacao production and strengthen the chocolate supply chain. This initiative aims to enhance production and sales in Indonesia, capitalizing on the expanding middle class’s appetite...
Ubon Bio Ethanol, a prominent player in Thailand’s ethanol production landscape, renowned for its innovative cassava-derived ethanol, has announced plans to embark on a strategic expansion into the growing market of functional food. The company has become a...
In Singapore, workers can now have ready-to-eat meals, drinks, and snacks delivered by robots from a nearby 7-Eleven store thanks to the solutions developed by local company QuikBot Technologies. Seven robots can navigate autonomously through lifts, walkways, and...
Japanese cosmetics giant Kao is ramping up its global presence by opening the flagship store of the British luxury fragrance brand Molton Brown in Kuala Lumpur, Malaysia. This launch is a joint partnership with Valiram, Southeast Asia’s premier luxury and...
Distributors of luxury brands in Vietnam, including Louis Vuitton, Chanel, Dior, and Hermes, reported profits of VND 3.8 trillion (USD 156.57 million) in 2022, marking a remarkable 270% increase compared to the previous year. Recent reports also indicate that the...
Swedish home furnishing giant IKEA has announced its expansion into major cities across the Philippines, further solidifying its footprint in the country’s burgeoning market. Following the successful establishment of its “Collection Point” facility...
