June 14, 2026

Latest News

RFG recapitalisation plan balloons to $190m

Mei Ling Tan October 24, 2019

Just days after the beleaguered Donut King, Gloria Jeans and Michel’s Patisserie franchisor announced a $160m capital raising initiative, Retail Food Group (RFG) has doubled down on their plans. Initially aiming…

‘Unprecedented’ South Korean boycott damaging Japan’s retailers

Mei Ling Tan October 24, 2019

Having now run for more than 100 days, the scale and impact of the South Korean boycott movement against Japanese products is unprecedented. It is costing retailers, importers, airlines and…

Karl Lagerfeld to launch in India this month

Mei Ling Tan October 24, 2019

Fashion house Karl Lagerfeld is collaborating with premium Indian brand Cover Story to enter the Indian market. A limited-edition collection is being sold in selected Future Group stores in cities…

Fave launches takeaway platform in Singapore

Mei Ling Tan October 24, 2019

Southeast Asian digital merchant-platform Fave has launched a food takeaway service in Singapore. Fave Takeaway will allow customers to pre-order their meal selection and make payment via the app’s digital…

Hyundai Group To Invest $35 Billion In Mobility And Auto Technologies By 2025

Mei Ling Tan October 24, 2019

Hyundai Motor Group said it plans to invest 41 trillion won ($35 billion) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious…

Louis Vuitton in Thailand expands to Phuket

Mei Ling Tan October 24, 2019

Louis Vuitton in Thailand has unveiled a new store in Phuket, its first store outside the capital city of Bangkok. Located in Central Phuket mall, the new boutique features unique…

Vietnam’s Mobile World launches fashion-watch retail model

Mei Ling Tan October 24, 2019

Vietnamese smartphone retailer, The Gioi Di Dong (Mobile World), has discovered a thriving new business model: a fashion-watch retail concept. The company offers a wide selection of watches from well-known…

Sri Lanka’s Island Tea opens its first branch at home

Mei Ling Tan October 24, 2019

Sri Lankan retail tea chain Island Tea has opened for the first time in its home territory with its first branch in Ella. The Ceylanka Trading-owned chain has blossomed in…

Mobile app Ritual launches in Hong Kong to organize pickups

Mei Ling Tan October 24, 2019

Mobile pickup app Ritual has launched in Hong Kong as it expands its global footprint, targeting cities with strong restaurant industries. At the same time, the Canadian-and US-headquartered tech company…

Japan’s RMK aims for Chinese consumers with Tmall Global launch

Mei Ling Tan October 24, 2019

Japanese cosmetics brand RMK has launched a flagship store on Chinese e-commerce platform Tmall Global. The move has been described as part of RMK’s broader focus to tap the lucrative…

One-in-three Hongkongers leaving plastic credit cards in favor of e-wallets

Mei Ling Tan October 24, 2019

More than one-third of Hong Kong consumers are ditching plastic in favor of e-wallets, according to a new FIS report on global retail payment trends. The report showed that e-wallets…

UOB Issued Letter of Demand To Libra Group

Mei Ling Tan October 24, 2019

UOB has asked Libra Group, which is mired in financial troubles, to pay up $18.8 million. UOB has issued a letter of demand to Libra Group for the above amount, based on outstanding…

Singapore Fintech Investments Crossed S$1 Billion

Mei Ling Tan October 24, 2019

Investment in financial technology ventures in Singapore rose sharply in the first nine months of 2019, led by fundraising with payments startups and insurtech firms and a shift toward more-mature…

Citi Setting Up Wholly Owned Securities Unit in China

Mei Ling Tan October 24, 2019

Citigroup, which earlier announced its decision to dissolve its investment-banking joint venture in China, is now setting up a wholly-owned securities business in the world’s second-largest economy. The New York-based bank…

UOB Trains Staff to Adapt to Digital Era

Mei Ling Tan October 24, 2019

In order to upgrade its staff and equip them for the digital era, UOB has launched a comprehensive learning and development program to upskill its employees. The Better U program…

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Latest News

RFG recapitalisation plan balloons to $190m

‘Unprecedented’ South Korean boycott damaging Japan’s retailers

Karl Lagerfeld to launch in India this month

Fave launches takeaway platform in Singapore

Hyundai Group To Invest $35 Billion In Mobility And Auto Technologies By 2025

Louis Vuitton in Thailand expands to Phuket

Vietnam’s Mobile World launches fashion-watch retail model

Sri Lanka’s Island Tea opens its first branch at home

Mobile app Ritual launches in Hong Kong to organize pickups

Japan’s RMK aims for Chinese consumers with Tmall Global launch

One-in-three Hongkongers leaving plastic credit cards in favor of e-wallets

UOB Issued Letter of Demand To Libra Group

Singapore Fintech Investments Crossed S$1 Billion

Citi Setting Up Wholly Owned Securities Unit in China

UOB Trains Staff to Adapt to Digital Era

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