June 15, 2026

Latest News

Amorepacific invests in US brand Milk Makeup

Mei Ling Tan December 27, 2019

South Korean beauty conglomerate Amorepacific has invested in American company Milk Group’s makeup and skincare division Milk Makeup. Seoul-based Amorepacific joins Main Post Partners and Alliance Consumer Growth as minority…

Suning to open 10,000 new China stores next year

Mei Ling Tan December 27, 2019

Chinese O2O retailer Suning plans to open 10,000 new stores next year, capitalizing on ‘consumption upgrade’ in China. Founder and chairman Zhang Jindong said the company will invest 40 billion…

Thailand’s Nok Air seeks to raise $73.5mn from shareholders

Mei Ling Tan December 27, 2019

Nok Air is seeking to raise THB2.22 billion bahts (USD73.5 million) from existing shareholders through a new share issuance, the Thai low-cost carrier said in a stock market filing. The Thai…

UOB Ups Stake in Troubled Chinese Lender

Mei Ling Tan December 27, 2019

United Overseas Bank is buying more shares in troubled Chinese mid-sized lender Hengfeng Bank with a subscription of 1.86 billion shares for a sum of 1.86 billion yuan (S$360.4 million).…

Hong Kong’s First Virtual Bank Launches

Mei Ling Tan December 27, 2019

Hong Kong’s banking history enters a new chapter with the launch of its first virtual lender, ZA Bank. ZA Bank, co-owned by ZhongAn Online P&C Insurance and Sinolink Group, launched…

Blockchain Payment Network Terra Expands to Singapore

Mei Ling Tan December 27, 2019

Blockchain payment network Terra has set up its South-east Asia hub in Singapore. The South Korea-headquartered firm has plans to expand in the region. Terra intends to grow its on-the-ground network in…

Fraser Could Be Citi’s First Female Boss

Mei Ling Tan December 27, 2019

Citigroup president Jane Fraser looks poised to become a Wall Street bank’s first female chief. 52-year-old Jane Fraser could become the first female boss of a major Wall Street bank. Her promotion to…

Fiat Chrysler And Peugeot Sign $50 Billion Merger Deal

Mei Ling Tan December 27, 2019

Fiat Chrysler Automobiles and Peugeot S.A. have today signed a binding Combination Agreement providing for a 50/50 merger of their businesses. This merger creates the 4th largest global automotive OEM…

BMW Financial Services India Appoints Kathrin Frauscher As The MD & CEO

Mei Ling Tan December 27, 2019

BMW India has appointed Kathrin Frauscher as the new Managing Director (MD) and Chief Executive Officer (CEO) of BMW Financial Services India. Before her new appointment, Frauscher was serving as…

Airlines Cebu Pacific becomes latest IATA member

Mei Ling Tan December 27, 2019

Philippines low-cost carrier Cebu Pacific has joined IATA, becoming the second carrier from the country to be part of the trade association. Cebu Pacific says IATA membership will help it…

AirAsia launches bundle deals

Mei Ling Tan December 26, 2019

AirAsia Group Bhd has continued its journey to becoming the fastest-growing travel and lifestyle platform in Asean with the launch of AirAsia Bundle Deals, through its airasia.com platform. AirAsia group…

Slimmed-down Le Saunda shows signs of improvement

Mei Ling Tan December 26, 2019

Slimmed-down Hong Kong shoe retailer Le Saunda is showing early signs of improvement despite the recent decline in the territory’s retail sector. Figures for the November quarter show same-store sales…

Cantabil plans 100 new outlets within a year

Mei Ling Tan December 26, 2019

Indian clothing label Cantabil is making plans to extend its reach across the country by opening more than 100 new outlets within one year. The firm currently operates 290 outlets…

Chinese giants dominate Asia’s online grocery market

Mei Ling Tan December 26, 2019

China’s two e-commerce giants are driving the most growth in Asia’s online grocery market according to a new report from international researcher IGD. JD and Alibaba now boast a combined…

The rise and rise of retailer recycling, repurposing and reusing schemes

Mei Ling Tan December 26, 2019

Just 3.4 percent of consumers globally are using retailer recycling schemes, according to a report by GlobalData – but the trend is on the rise as leading players find new…

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DBS Unveils Singapores First Retail-Ready Tokenised Gold Offering: Buy, Trade, and Hold via One Digital Platform

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Latest News

Amorepacific invests in US brand Milk Makeup

Suning to open 10,000 new China stores next year

Thailand’s Nok Air seeks to raise $73.5mn from shareholders

UOB Ups Stake in Troubled Chinese Lender

Hong Kong’s First Virtual Bank Launches

Blockchain Payment Network Terra Expands to Singapore

Fraser Could Be Citi’s First Female Boss

Fiat Chrysler And Peugeot Sign $50 Billion Merger Deal

BMW Financial Services India Appoints Kathrin Frauscher As The MD & CEO

Airlines Cebu Pacific becomes latest IATA member

AirAsia launches bundle deals

Slimmed-down Le Saunda shows signs of improvement

Cantabil plans 100 new outlets within a year

Chinese giants dominate Asia’s online grocery market

The rise and rise of retailer recycling, repurposing and reusing schemes

DBS Unveils Singapores First Retail-Ready Tokenised Gold Offering: Buy, Trade, and Hold via One Digital Platform

Nike Kicks Off Football Universe in Hong Kong: Unveiling the 2026 World Cup Kit Collection and More

Robotic Revolution: Hong Kong Unveils First 24/7 Convenience Store Operated by Humanoid

Li & Fung Partners with Vera Bradley: A Bold Foray into the Apparel Industry

Hermès Unveils Culturally-Inspired Boutique at The Landmark Nagoya Sakae

South Korea Slaps Coupang with Record $409M Fine Over Unprecedented Data Breach

Emirates SkyCargo Expands Global Network with Weekly Freighter Service to Almaty, Central Asias Growing Commercial Hub

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Fuel Frenzy: Indonesia Suffers Sudden 32% Surge in Popular Gasoline Prices Amidst Middle East conflict

Hollister Brings California Cool to the Philippines with First Store Debut at SM Mall of Asia

Frasers Group Boldly Bids $2.3 Billion for Complete Control of Hugo Boss

Zara Unveils Latest Flagship Store in Shanghai, Showcasing New Global Store Design

Guoquans Global Debut: Chinese Home-Dining Giant Ventures into Hong Kong Market

From Disruption to Resilience: How Retail Supply Chains Are Evolving in Asia