PepsiCo, Inc. has announced ambitious plans to invest USD 90 million in the construction of a snack plant in Ha Nam Province of Vietnam. The new facility, which will occupy 80,000 square meters overall, will be constructed at the Dong Van I Expanded Industrial Park....
While Singapore’s coffee market is highly competitive, brands continue to expand in the city-state in hopes success on the island will propel international growth. Recently, five leading players set up in Singapore, namely China’s Luckin Coffee, Indonesia’s Kenangan...
According to Indonesia’s Ministry of Trade, the Southeast Asian country is set to emerge as the global center for Muslim fashion in 2024, aligning with its ongoing initiatives to promote Indonesian halal products worldwide. The Director General of National...
Zespri, the world’s largest marketer of kiwifruit, has officially opened its new Centre of Sales and Marketing Excellence in Singapore. First established in 2015, the center was established as a hub connecting Zespri’s markets together, as well as connecting all...
Signify, a leading global lighting company headquartered in the Netherlands, has introduced Malaysia’s first Philips Professional Lighting Concept Store at Tabuan Tranquility in the state of Sarawak. In collaboration with Mutiara Jayateknik Engineering (MJT), a...
Thai giant Central Group is reportedly defending its status as the country’s retail leader with an expansion into warehouse food stores, challenging its competitor Charoen Pokphand (CP). Central Group’s retail arm Central Retail Corp. (CRC) is set to open its...
The Philippines, considered one of the largest franchise markets in Southeast Asia, expects more international franchise brands to enter the market. This is according to the Philippine Franchise Association (PFA), which recently held its annual franchise expo, where...
Marriott International has announced agreements to open three new luxury resorts in Vietnam. This marks the debut of two new brands into Vietnam – Ritz-Carlton Reserve and The Luxury Collection. Additionally, Marriott also announced Vietnam’s third JW Marriott Hotel...
Retailer and variety store chain MINISO recently launched its first IP-themed flagship store at Margo City Store in Indonesia, featuring Sanrio characters. This store is the brand’s first of its kind globally. The move reflects MINISO’s commitment to...
Japanese furniture and home furnishings company Nitori has plans to invest THB 240 million (USD 6.6 million) in order to expand its furniture business in Thailand in 2024. It has been reported that Nitori intends to launch three more stores later in 2023 at Seacon...
In September 2023, Lotte announced the official opening of Lotte Mall West Lake Hanoi, a mega shopping mall that serves customers desiring to experience Korean products ranking from as K-food and K-culture. Located across a remarkable 354,000 square meters, Lotte Mall...
Giant Malaysia, also known as GCH Retail (Malaysia) Sdn Bhd, has unveiled plans to invest MYR 400 million (USD 105 million) to launch 50 hypermarkets across Malaysia within the next five years. This move aims to reinforce Giant’s market share in the Malaysian...