June 25, 2026

Latest News

Indonesia, Malaysia, and Thailand Unveil New Banks for Local Currency Transaction Initiative

Mei Ling Tan August 8, 2025

In a significant move towards fostering regional economic collaboration, Bank Negara Malaysia (BNM), Bank Indonesia (BI), and the Bank of Thailand (BOT) have unveiled an expanded framework for local currency…

China and India Surge Ahead in Global Coal Production Growth, Shaping the Energy Landscape

Mei Ling Tan August 8, 2025

The coal mining landscape is gearing up for a significant shift as developers in 30 countries, particularly China and India, prepare to expand their production capacity despite an impending decline…

Hanoi Metro Reports Impressive Threefold Profit Surge in First Half of Year

Mei Ling Tan August 8, 2025

Hanoi Metro’s post-tax profits surged to VND10 billion (approximately US$381,400) in the first half of 2025, a remarkable threefold increase compared to the same period last year. With revenues climbing…

Alibaba Closes Hema X: The End of Its Ambitious Costco-Style Membership Retail Venture

Mei Ling Tan August 8, 2025

Alibaba Group Holding is set to phase out its remaining Costco-style Hema X store, signaling a pullback from China’s competitive retail market. In a significant shift within its retail strategy,…

Indosat Launches Innovative AI Tool to Combat Digital Fraud and Protect Consumers from Scams

Mei Ling Tan August 8, 2025

In a strategic move to combat the rising tide of digital fraud, Indosat Ooredoo Hutchison (Indosat) has unveiled a state-of-the-art artificial intelligence (AI)-powered Anti-Spam and Anti-Scam solution. This initiative, launched…

Smashburger Promotes Jim Sullivan To Ceo, Aims To Accelerate Franchise-driven Expansion

Mei Ling Tan August 7, 2025

Fast-casual dining chain Smashburger has elevated Jim Sullivan to the position of CEO as part of its strategy to bolster its market standing and speed up its franchise-driven expansion. A…

Chinese E-commerce Giants Disrupt South Africa’s Retail Sector, Claiming 3.6% Market Share

Mei Ling Tan August 7, 2025

The South African retail market has witnessed significant disruption with the entry of Chinese e-commerce firms, Shein and Temu. Together, they constitute 3.6% of the nation’s retail sector, specifically the…

Coupang Surpasses $8 Billion Mark: Record Revenue And Profit Turnaround Amid Taiwan Expansion

Mei Ling Tan August 7, 2025

South Korean retail behemoth Coupang has experienced substantial growth this year, boasting a record revenue of $8.52 billion in Q2, a rise of 19% year-over-year with an FX-neutral basis. This…

Shopify Projects Robust Quarterly Revenue Amidst Resilient Merchant Base And Steady Consumer Demand

Mei Ling Tan August 7, 2025

Shopify, the renowned Canadian e-commerce platform, has projected a positive outlook for its quarterly revenue. This forecast comes amidst no apparent reduction in consumer demand and the impressive resilience of…

Longchamp Unveils Parisian-inspired Redesign For Singapore Boutiques Following Record-breaking Sales Year

Mei Ling Tan August 7, 2025

The renowned luxury bag label, Longchamp, has given its two Singapore stores, located at Ion Orchard and Marina Bay Sands, a fresh new look. The Inspiration Behind the Redesign The…

Vietnamese Processed Foods Struggle to Secure Shelf Space in U.S. Supermarkets

Mei Ling Tan August 7, 2025

Tina Murphy, CEO of MMTT Professional Services and a seasoned shopper from her years in the U.S., expressed her surprise at the glaring absence of Vietnamese products in American retail.…

UOB Reports 3% Decline in H1 2025 Net Profit, Reaching S$2.83 Billion

Mei Ling Tan August 7, 2025

UOB has reported a slight dip in its net profit, which fell 3% to S$2.83 billion (US$2.2 billion) in the first half of 2025 compared to the same timeframe last…

Akamai: Embracing AI Security as a Vital Economic and Strategic Imperative for Retailers

Mei Ling Tan August 7, 2025

Artificial Intelligence (AI) is revolutionizing industries across Asia through generative content, intelligent automation, and rapid decision-making. However, this swift advancement also exposes enterprises to an alarming surge in cyber threats.…

SKT Consortium Takes Charge of Korea’s Next Big Leap with Proprietary AI Foundation Model

Mei Ling Tan August 7, 2025

SK Telecom has made waves in the tech sector with its selection as a core team for the ‘Proprietary AI Foundation Model’ project, an initiative spearheaded by the Ministry of…

7-Eleven Operator Sets Ambitious Goal to More Than Double Share Price by 2030!

Mei Ling Tan August 7, 2025

Seven & i Holdings is charting a bold course towards a 44% profit increase by fiscal 2030, which translates to an annual growth rate of 7%. The operator behind the…

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Latest News

Indonesia, Malaysia, and Thailand Unveil New Banks for Local Currency Transaction Initiative

China and India Surge Ahead in Global Coal Production Growth, Shaping the Energy Landscape

Hanoi Metro Reports Impressive Threefold Profit Surge in First Half of Year

Alibaba Closes Hema X: The End of Its Ambitious Costco-Style Membership Retail Venture

Indosat Launches Innovative AI Tool to Combat Digital Fraud and Protect Consumers from Scams

Smashburger Promotes Jim Sullivan To Ceo, Aims To Accelerate Franchise-driven Expansion

Chinese E-commerce Giants Disrupt South Africa’s Retail Sector, Claiming 3.6% Market Share

Coupang Surpasses $8 Billion Mark: Record Revenue And Profit Turnaround Amid Taiwan Expansion

Shopify Projects Robust Quarterly Revenue Amidst Resilient Merchant Base And Steady Consumer Demand

Longchamp Unveils Parisian-inspired Redesign For Singapore Boutiques Following Record-breaking Sales Year

Vietnamese Processed Foods Struggle to Secure Shelf Space in U.S. Supermarkets

UOB Reports 3% Decline in H1 2025 Net Profit, Reaching S$2.83 Billion

Akamai: Embracing AI Security as a Vital Economic and Strategic Imperative for Retailers

SKT Consortium Takes Charge of Korea’s Next Big Leap with Proprietary AI Foundation Model

7-Eleven Operator Sets Ambitious Goal to More Than Double Share Price by 2030!

Golden Goose Leaps Forward: Chinese and Singaporean Investments Fuel Luxury Brands Global Expansion

Experience Luxury Dining: Tiffany & Cos Inaugural Blue Box Cafe in Southeast Asia to Open in Singapore

French Fashion Sensation Marithé + François Girbaud Unveils First Flagship Store in Malaysia Amid Asian Expansion

Versace in Search of New Leader as CEO Emmanuel Gintzburger Steps Down

Harlan + Holden Brews $12M Expansion Deal for Southeast Asia Presence

Damien Licciardi: From Richemont to Cartiers New MD in Thailand

Grab and GoTo Yield to Pressure: Slash Driver Commissions in Indonesia

Essilor Luxottica and Meta Unveil Affordable AI Glasses for the Masses

Starbucks Brews Major Expansion in India: Targets 100 New Stores Annually

British Sportswear Giant Castore Bags Historic Brand Grenson Shoes: A Strategic Move to Boost Profitability

Danone Boosts Australian Footprint with Profitable Made Group Takeover

Boost in Personalized E-Commerce Experience Demanded by Savvy Singapore Shoppers

Starbucks Brews Plan for India Expansion, Aiming for 100 New Stores Annually in the Tea Land

Kevin Murphy Grows Marketplace Revenue 141% with Pattern

Converse Unveils Mega Flagship Store in Bengaluru, Launches Converse By You Customisation Platform in India