June 15, 2026

Latest News

Gap’s outlook is gloomy due to week profits

Mei Ling Tan December 2, 2019

There is no real surprise from Gap’s third-quarter figures released last week: sales are poor, profit is weak – although marginally better than forecast – and the outlook remains gloomy.…

Walmart China opening 500 more stores

Mei Ling Tan December 2, 2019

US retailer Walmart is planning to launch 500 new outlets in China within five to seven years. The expansion will more than double the firm’s presence in the territory in…

Korean retail giants expect improved profits next year

Mei Ling Tan December 2, 2019

After a tough year, South Korean retail giants are tipped to log a modest improvement in their earnings next year on the back of improved business conditions and cost-cutting efforts,…

M&G Acquires Second Logistics Facility In Asia

Mei Ling Tan December 2, 2019

M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a $131 million (155.5 billion Won) modern logistics center close to Seoul on behalf of its core Asian…

Grab Rolling Out Low-Cost Wealth Products

Mei Ling Tan December 2, 2019

Grab is looking to tap the trillion-dollar wealth market across South-east Asia by offering low-cost investment products. Armed with a huge ambition of seizing South-east Asia’s wealth management market, Grab…

DBS Acquires 40,000 Clients in Hyderabad

Mei Ling Tan December 2, 2019

Singapore bank DBS acquired 40,000 clients in Hyderabad after just opening its office earlier this year with plans to accelerate growth through new customer touchpoints. After launching just six months ago,…

ICE Bitcoin Futures Slated for December Launch

Mei Ling Tan December 2, 2019

Atlanta-based Intercontinental Exchange (ICE) is planning to launch bitcoin futures on December 9 in Singapore, following regulator’s new papers permitting the trading of derivatives tracking certain cryptocurrencies. The Bakkt bitcoin…

Facebook reportedly tested a facial recognition app

Mei Ling Tan December 2, 2019

It would be interesting to see how many people flat out don’t trust Facebook. This is the company that got fined $5 billion by the Federal Trade Commission (FTC) for failing…

Qualcomm’s anti-competitive business practices get support from the Trump administration

Mei Ling Tan December 2, 2019

Back in May, Judge Lucy Koh (of Apple v. Samsung fame) made a ruling that still might change the way Qualcomm sells its chips to phone manufacturers. The judge ruled in favor…

Niantic increases Pokemon GO storage limit

Mei Ling Tan December 2, 2019

Great news for Pokemon GO players, especially veterans who’ve played the game for a very long time, as Niantic has just announced another limit storage increase for its mobile game. This…

Vietnamese carmaking startup VinFast gets $950 million credit line

Mei Ling Tan December 2, 2019

VinFast, which aims to become Vietnam’s first domestic car manufacturer, said it has secured a 12-year credit facility for as much as $950 million to help buy machinery and equipment…

Caltex set to float 49 per cent stake in 250 retail sites

Mei Ling Tan December 2, 2019

Fuel and convenience retailer Caltex is planning to undertake an initial public offering (IPO) of up to a 49 percent stake in 250 retail sites. The retailer would retain a…

Toyota to invest $2 billion in developing EVs in Indonesia

Mei Ling Tan December 2, 2019

Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating minister for maritime affairs said.…

Vietjet Launches Black Friday Ticket Promotions from S$0

Mei Ling Tan November 29, 2019

Vietjet launches Black Friday promotions with millions of tickets from only S$0 (*). All promotional tickets are available for the whole day on 29 November 2019 (GMT +7), with the fastest fingers…

Kathmandu, Cactus Outdoor team up for newly launched NZ Made Day

Mei Ling Tan November 29, 2019

Kiwi brands Kathmandu and Cactus Outdoor have created a new line of apparel made in New Zealand to celebrate the inaugural NZ Made Day. Launching today, NZ Made Day is…

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Latest News

Gap’s outlook is gloomy due to week profits

Walmart China opening 500 more stores

Korean retail giants expect improved profits next year

M&G Acquires Second Logistics Facility In Asia

Grab Rolling Out Low-Cost Wealth Products

DBS Acquires 40,000 Clients in Hyderabad

ICE Bitcoin Futures Slated for December Launch

Facebook reportedly tested a facial recognition app

Qualcomm’s anti-competitive business practices get support from the Trump administration

Niantic increases Pokemon GO storage limit

Vietnamese carmaking startup VinFast gets $950 million credit line

Caltex set to float 49 per cent stake in 250 retail sites

Toyota to invest $2 billion in developing EVs in Indonesia

Vietjet Launches Black Friday Ticket Promotions from S$0

Kathmandu, Cactus Outdoor team up for newly launched NZ Made Day

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

Yakult Singapore Swaps Unpopular Orange Flavor for Peach, Sparks Consumer Debate

Ease Your Cost-of-Living: Singaporean Households Grab $390 Support Vouchers!

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

Tim Hortons China Welcomes New CEO Kwok Wah Cheung to Harness Growth and Innovation

Surging Ahead: Luckin Coffee Topples 35,000-Store Milestone with Rapid Global Expansion