June 26, 2026

Latest News

China’s Food Delivery Wars: Alibaba and Rivals Feel the Profit Pinch

Mei Ling Tan July 17, 2025

In the midst of a fierce food delivery war, China’s major players—Alibaba Group, Meituan, and JD.com—are locked in a high-stakes competition to capture consumer spending in the world’s largest economy.…

Shangri-La Asia Welcomes New CEO: Daughter of Malaysia’s Wealthiest Tycoon Takes the Helm

Mei Ling Tan July 17, 2025

Shangri-La Asia, a leading player in the Asian hospitality sector, has named Kuok Hui Kwong as its new chief executive officer, effective August 1. Kuok is the daughter of Robert…

Bank of America Unveils New Leadership for Global Payments Solutions across APAC Region

Mei Ling Tan July 17, 2025

Bank of America’s (BofA) Global Payments Solutions (GPS) is ramping up its game in the Asia Pacific region with the recent appointment of three key leaders. Lin Guo has taken…

Vietnam Gold Prices Dip as Global Markets Shine Brightly

Mei Ling Tan July 17, 2025

Vietnam’s gold bar prices experienced a decline on Wednesday morning, even as global bullion rates showed an uptick. Local Prices Dip Despite Global Gains In Vietnam, the price for gold…

Singapore Surpasses Hong Kong and London as the Globe’s Most Expensive City for the Affluent

Mei Ling Tan July 16, 2025

Singapore is making waves in the luxury market, clinching the top spot for the highest prices in cars and women’s handbags, along with strong performances in women’s shoes and property…

Vietnam Sets Ambitious Goal: Targeting $4.5B in Cashew Exports by 2025

Mei Ling Tan July 16, 2025

Vietnam is setting its sights on exporting an impressive US$4.5 billion worth of cashew nuts this year, reflecting a 2.7% increase from the previous year, as reported by the Ministry…

Cambodian Banks Struggle Amid Real Estate Challenges and Sluggish Tourism Recovery

Mei Ling Tan July 16, 2025

Cambodia’s banking sector faces a challenging landscape as non-performing loans (NPLs) are projected to surge to between 9.5% and 10% of outstanding loans by 2026. S&P Global Ratings highlights a…

Hyundai Card Leverages Data Insights to Propel Global Expansion Plans

Mei Ling Tan July 16, 2025

Hyundai Card Co. Ltd., a pioneer in the South Korean fintech space, is steering its global ambitions with a sharp focus on data science, dedicating over 30% of its annual…

India’s Banks Thrive Amid Infrastructure Boost and Rising Demand

Mei Ling Tan July 16, 2025

Weak loans in India’s banking sector are projected to climb to 3.1% by March 2026, a trend that S&P Global Ratings attributes to both ongoing economic pressures and specific vulnerabilities…

Starbucks Announces Exciting Shift to 4-Day In-Office Workweek for Employees

Mei Ling Tan July 16, 2025

Starbucks CEO Brian Niccol announced a transition that will require many employees to work in-office at least four days a week, an increase from the current three days. This new…

Pop Mart Anticipates a Whopping 350% Surge in Profits Thanks to Labubu Plush Toy Success!

Mei Ling Tan July 16, 2025

Pop Mart International Group, the acclaimed Chinese toymaker renowned for its whimsical Labubu plush characters, is poised to report an astounding 350% surge in profits during the first half of…

Citi Projects Vietnam’s 2025 GDP Growth at an Impressive 7%: A Bright Future Ahead!

Mei Ling Tan July 16, 2025

Citi has painted a nuanced picture of Vietnam’s economy, indicating that stricter enforcement of rules regarding origin certification might create hurdles for the country’s export growth in the coming months.…

Rakuten Partners with Japan’s GENIAC Project to Propel Generative AI Innovation

Mei Ling Tan July 16, 2025

Rakuten Group, Inc. has recently been selected to participate in the third term of the Generative AI Accelerator Challenge (GENIAC), an initiative backed by Japan’s Ministry of Economy, Trade and…

Vietnamese Shoppers Enthralled by Irresistible Chinese Golden Plums at $19/kg

Mei Ling Tan July 16, 2025

The golden-yellow Chinese plum has burst onto the Vietnamese fruit scene, boasting a subtle fragrance, crisp texture, and a hint of delicate sweetness. Its size surpasses that of traditional Vietnamese…

Da Nang Retailer Faces $3,800 Penalty for Peddling Counterfeit Gucci and Chanel Goods

Mei Ling Tan July 16, 2025

A store in the central city of Da Nang faced significant penalties for hawking counterfeit luxury goods, including popular brands like Gucci, Chanel, and Dior. The Mega Premium Shopping Mall,…

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Latest News

China’s Food Delivery Wars: Alibaba and Rivals Feel the Profit Pinch

Shangri-La Asia Welcomes New CEO: Daughter of Malaysia’s Wealthiest Tycoon Takes the Helm

Bank of America Unveils New Leadership for Global Payments Solutions across APAC Region

Vietnam Gold Prices Dip as Global Markets Shine Brightly

Singapore Surpasses Hong Kong and London as the Globe’s Most Expensive City for the Affluent

Vietnam Sets Ambitious Goal: Targeting $4.5B in Cashew Exports by 2025

Cambodian Banks Struggle Amid Real Estate Challenges and Sluggish Tourism Recovery

Hyundai Card Leverages Data Insights to Propel Global Expansion Plans

India’s Banks Thrive Amid Infrastructure Boost and Rising Demand

Starbucks Announces Exciting Shift to 4-Day In-Office Workweek for Employees

Pop Mart Anticipates a Whopping 350% Surge in Profits Thanks to Labubu Plush Toy Success!

Citi Projects Vietnam’s 2025 GDP Growth at an Impressive 7%: A Bright Future Ahead!

Rakuten Partners with Japan’s GENIAC Project to Propel Generative AI Innovation

Vietnamese Shoppers Enthralled by Irresistible Chinese Golden Plums at $19/kg

Da Nang Retailer Faces $3,800 Penalty for Peddling Counterfeit Gucci and Chanel Goods

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