Big C Vietnam says it will close its eCommerce site Cdiscount by the end of December. The closure appears to be part of a policy change from Thailand’s Central Group…
And in the simultaneous divestment process for the 20-year McDonald’s China franchise rights, TPG Capital has reportedly withdrawn leaving two rival private equity firms in the race – Bain Capital…
President Joko Widodo (Jokowi) has assured that Indonesia will not import rice at the end of this year because the countrys rice stock is adequate until May 2017. Rice production…
Singapore’s Michelin-starred soya-sauce chicken rice-and-noodle stall Liao Fan may be going international. Shooting to fame in July after being awarded a star by the Singapore Michelin Guide, the hawker stall…
An Iranian banking and financial delegation has paid a visit to Indonesian capital city of Jakarta to discuss facilitating banking ties between the two countries. During the visit, the sides…
Two iconic British department store brands released their annual trading figures overnight – and the contrast was blinding. Debenhams underwhelmed with like-for-like figures showing a decline in sales of 1.1…
Huawei has revealed plans to commercialize its end-to-end narrowband IoT solution early next year, to help operators expand their IoT services into new markets. The vendor plans to release the…
President Joko Widodo (Jokowi) and First Lady Iriana left for Boyolali District, Central Java Province, to attend a function commemorating World Food Day. They left by the presidential plane Indonesia-1…
The hotly-anticipated Touch Bar Mac machines are here and they are packed with shiny upgrades. Apple has launched two new models that are thinner and lighter than ever – a 13-inch…
Watch out Gojek, competitor GrabBike has come to Bali. Ride-hailing app Grab has announced that it launched both GrabBike and GrabExpress services in Bali, as of Oct. 22. Like Gojek, GrabBike…
Global Business Outlook (GBO), a business publication based out of London, has conferred the 2016 awards for ‘Best Commercial Bank’ and ‘Best Retail Bank’ in Thailand to Bank of Ayudhya…
“These aircraft are a strategic investment for increased capacity for UPS customers around the globe,” said Brendan Canavan, president of UPS Airlines. “The 747-8 will allow UPS to upsize our…
Apple is on a research & development spree! The company has announced a bunch of new R&D centers over the past few months, and R&D spendings have skyrocketed. This time,…
BMW is recalling 154,472 vehicles registered in the United States and Canada for a fuel pump problem that could cause stalling, according to a filing with U.S. safety regulators and…
Sunil Bharti Mittal (pictured), founder and chairman of India’s Bharti Enterprises, has been named as GSMA chairman from January 2017 to December 2018. Mittal, the first Indian to be elected…
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