SoftBank Group is in talks to get as much as 300 billion yen ($2.76 billion) in financing from three banks. Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho…
The People’s Bank of China will introduce new standards in 17 areas, including blockchain, cloud services and artificial intelligence. China has plans to step up regulation in 17 areas of…
Pork prices have surged following the African swine flu outbreak in Vietnam, driving up prices of related food in supermarkets and restaurants. Over the last two months, the prices of…
VinSmart, a unit of private conglomerate Vingroup, will produce smart televisions in partnership with Google, the company announced Wednesday. The partnership will allow the electronics producer to develop its Vsmart…
Vietjet Air has signed a syndicated loan agreement worth $140 million with three foreign banks to fund its aircraft purchase plans. The lenders were South Korea’s Woori Bank and KEB…
Vietnam has significantly lowered penalties for illegal currency exchanges following outrage over a man being fined VND90 million ($3,900) for exchanging $100 last year. The fine was revoked after a…
Japanese used designer products retailer Komehyo has launched in Bangkok. The CentralWorld shopping complex outlet opened on Friday in cooperation with local partner Saha Group. It is part of the…
Sendo, Vietnam’s second-most visited online market place, has secured $61 million in the latest Series C funding round. The investment will come from existing shareholders as well as new international…
QSR chain KFC has extended its partnership with Menulog for three more years after seeing a strong response to its offer on the food delivery platform over the past 12…
By the end of 2019, there will be 20.3 million online shoppers. For e-commerce brands and retailers, that translates to an abundance of opportunities to engage with consumers – whether it…
Amazon has launched a new service in Australia that allows customers to collect their parcels from hundreds of locations in shopping centres and on high streets in a bid to…
Tse Sui Luen profits plummeted in the first half as Hong Kong protests took their toll, especially during the September quarter. The company, which operates stores under the TSL banner,…
Southeast Asian KFC and Pizza Hut operator QSR Brands is seeking to reboot its IPO in the fourth financial quarter this year. The firm was previously in talks to sell…
The first Liverpool FC Singapore store will open its doors next month, the football team’s second shop in Southeast Asia after Bangkok. Singapore’s Reds fans can find their favourite merchandise…
International private equity firm Blackstone has invested roughly US$244 million in debentures in Future Lifestyle Fashions holding company Ryka Commercial Ventures. The deal is accompanied by Blackstone’s acquisition of a…
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