June 14, 2026

Latest News

HSBC Posts 24 Percent Profit Drop

Mei Ling Tan November 6, 2019

HSBC posted a 24 percent drop in third-quarter profits despite a «resilient» Hong Kong business that managed to offset the city’s technical recession. The bank reported profits of $2.97 billion in the…

StanChart Opens Second Innovation Lab in Hong Kong

Mei Ling Tan November 6, 2019

Standard Chartered recently opened its second eXellerator innovation lab in Hong Kong which will focus on developing solutions for its corporate, commercial and institutional banking clients. Located in the central…

Philippines Central Bank Issues Islamic Finance Rules

Mei Ling Tan November 6, 2019

Bangko Sentral ng Pilipinas aims to issue new implementation rules regarding Islamic finance before the end of the year and potentially allow banks to establish separate subsidiaries for the new…

DBS Leverages Allfunds Platform

Mei Ling Tan November 6, 2019

DBS inks an agreement with Allfunds to leverage its fund distribution capabilities and boost penetration in Asia. DBS’s retail banking and wealth management arm will look to leverage from the…

Gucci powers French Luxury Group Kering’ growth

Mei Ling Tan November 6, 2019

French international luxury group Kering has seen positive trading results brought on by stronger-than-expected sales of its Gucci brand. The group is among several luxury houses that have so far…

Seven more Oppo flagship stores planned for SE Asia

Mei Ling Tan November 6, 2019

Six more Oppo flagship stores are planned across Southeast Asia by next year as the Chinese smartphone brand ramps up its brand profile in the region. The company says it…

Uniqlo to quadruple SE Asia retail store network

Mei Ling Tan November 6, 2019

Japanese casual wear retailer Uniqlo plans a four-fold increase in its Southeast Asian store count during the next decade. Tadashi Yanai, chairman, and CEO of the firm’s parent company Fast…

Vans, The North Face parent reports huge Chinese growth

Mei Ling Tan November 6, 2019

VF Corporation – parent of brands including Vans and The North Face – says sales in China soared 20 percent in the September quarter. Expressed in constant currency terms, they…

Taiwanese milk-tea brand CoCo continues rapid Philippines expansion

Mei Ling Tan November 6, 2019

Taiwanese milk-tea brand CoCo Fresh Tea & Juice is slated to open its third store in Cebu City, Philippines in 2020. CoCo debuted in the urbanized city in March this…

H&M unveils small format retail stores in Berlin

Mei Ling Tan November 6, 2019

Fashion retailer H&M has opened a new ‘hyper-local flagship’ in Berlin’s creative Mitte Garden district. The 300sqm store, one of the brand’s smallest worldwide, offers curated womenswear, selected external brands,…

Gontran Cherrier opens first Asian bakery in Hong Kong

Mei Ling Tan November 6, 2019

Fourth-generation French baker and globally recognized pastry chef Gontran Cherrier has opened his first boulangerie and restaurant in Hong Kong’s K11 Musea. The Hong Kong store and restaurant mark the…

Amazon opening new warehouse in Perth

Mei Ling Tan November 6, 2019

Amazon will open a new fulfillment center in Perth by the end of the year to keep up with increasing demand and offer fast delivery to more customers, the e-commerce…

JB Hi-Fi New Zealand falters while group grows

Mei Ling Tan November 6, 2019

Electronics retailer JB Hi-Fi has seen shares jump 8.3 percent following a strong first-quarter showing, with total group sales growth of 4.7 percent and comparable sales growth of 3.7 percent.…

Sabeco makes $3.9 million a day from beer sales

Mei Ling Tan November 5, 2019

Vietnam’s biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise. In its latest financial report, the Saigon Beer Alcohol Beverage Corp reported…

Vietnam aircraft fleet to quadruple in 20 years

Mei Ling Tan November 5, 2019

Vietnam’s aircraft fleet, at 200 now, will quadruple by 2038 as air travel demand increases and the market sees new players. These figures were cited by Darren Hulst, aircraft manufacturer…

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Latest News

HSBC Posts 24 Percent Profit Drop

StanChart Opens Second Innovation Lab in Hong Kong

Philippines Central Bank Issues Islamic Finance Rules

DBS Leverages Allfunds Platform

Gucci powers French Luxury Group Kering’ growth

Seven more Oppo flagship stores planned for SE Asia

Uniqlo to quadruple SE Asia retail store network

Vans, The North Face parent reports huge Chinese growth

Taiwanese milk-tea brand CoCo continues rapid Philippines expansion

H&M unveils small format retail stores in Berlin

Gontran Cherrier opens first Asian bakery in Hong Kong

Amazon opening new warehouse in Perth

JB Hi-Fi New Zealand falters while group grows

Sabeco makes $3.9 million a day from beer sales

Vietnam aircraft fleet to quadruple in 20 years

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