June 29, 2026

Latest News

US investor buys into Mitra Adiperkasa

US investor buys into Mitra Adiperkasa

US private-equity company General Atlantic has made its first investment in Indonesia by buying into lifestyle retailer Mitra Adiperkasa (Map). It has subscribed for Rp1.08 trillion (US$80.5 million) in bonds…
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Korean duty-free stores suffer losses

Korean duty-free stores suffer losses

Korean duty-free stores newly opened in Seoul are losing money as heavy marketing costs erode profits. A review of financial documents from the major players show heavy competition is taking…
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CapitaLand Mall Asia Showtime in Cannes

CapitaLand Mall Asia Showtime in Cannes

Targeting global retailers who are looking to Asia to chart growth, CapitaLand Mall Asia has its biggest presence ever at international retail event Mapic in Cannes, France. It is the…
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Instant noodles sales slumps in China

Instant noodles sales slumps in China

Instant noodles, once an easy meal for millions of Chinese workers, is getting less popular. Workers scrapping instant noodles are seen as a symbol of the chaining lifestyle of the…
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