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Vinamilk acquires majority stake in competitor

Vinamilk acquires majority stake in competitor

Mei Ling Tan December 31, 2019
Vietnam’s biggest dairy company Vinamilk has acquired a majority stake in Moc Chau Milk, entrenching its market dominance. Vinamilk, formally Vietnam Dairy Products Jsc, has increased its ownership in GTNfoods…
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First franchised KFCs open in Chinese gas stations

First franchised KFCs open in Chinese gas stations

Mei Ling Tan December 31, 2019
Yum has announced the opening of its first franchised restaurants in Chinese gas stations, in collaboration with China Petrochemical Corporation (Sinopec) and China National Petroleum Corporation (CNPC). The first franchised…
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China Should Boost AI Regulation in Finance

China Should Boost AI Regulation in Finance

Mei Ling Tan December 31, 2019
A regulatory framework specifically designed for artificial intelligence in China’s financial sector and better tech for supervision should be introduced, according to policy advisors from a leading think tank. We…
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Thai AirAsia X flies to Tbilisi

Thai AirAsia X flies to Tbilisi

Mei Ling Tan December 31, 2019
Thai AirAsia X will operate six Christmas and New Year scheduled charter flights to Tbilisi Georgia from its home base Bangkok Don Mueang airport. Bookings are mainly generated by Thai…
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Ant Financial Invests in Vietnam E-Wallet

Ant Financial Invests in Vietnam E-Wallet

Mei Ling Tan December 30, 2019
Ant is expected to have significant influence and provide technical expertise to the e-wallet, created locally by a small start-up. Chinese digital finance giant Ant Financial has acquired a «sizeable»…
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