June 23, 2026

Latest News

Hong Kong Investors Eye Filling Station Business in Indonesia

Mei Ling Tan May 25, 2016

Foreign investors have shown strong interest in the downstream oil and gas business in Indonesia. A leading Hong Kong-based company recently announced its interest in investing in the filling station…

Singapore-based Albizia Capital Raises Stake in Indonesian Building Material Supplier

Mei Ling Tan May 25, 2016

Singapore-based investment firm Albizia Capital has increased its ownership in Catur Sentosa Adiprana to help fund business expansion at the Indonesia-listed building materials supplier. In a statement received by the…

Singapore, Indonesia, Cambodia, Thailand Seek Free Trade Zone With EEU

Mei Ling Tan May 25, 2016

Singapore, Indonesia, Cambodia, and Thailand are interested in creating a free trade zone with the Eurasian Economic Union, Russian Deputy Foreign Minister Igor Morgulov said Thursday. “The desire to sign such an agreement…

Tencent Holdings revenues grow 43 per cent

Mei Ling Tan May 24, 2016

First-quarter Tencent Holdings revenues grew 43 per cent to RMB31,995 million (US$4893 million). The Chinese company’s subsidiaries provide media, entertainment, internet and mobile phone value-added services and online advertising services…

IKEA to sell 23 retail parks across Europe

Mei Ling Tan May 24, 2016

The shopping centre arm of furniture giant IKEA is putting up for sale 23 outdoor retail parks across Europe, timing the sale to coincide with a commercial property market boom…

Online shopping in China accounts for 13% of retail sales

Mei Ling Tan May 24, 2016

China’s online shopping market expanded 36 per cent last year to CNY3.8 trillion ($586 billion) to account for 12.6 per cent of total retail sales of consumer goods. Mobile revenue…

JCB and Nets sign merchant acquiring deal in Singapore

Mei Ling Tan May 24, 2016

JCB International Co., Ltd, (JCBI) the international operations subsidiary of JCB Co., Ltd., and Network For Electronic Transfers (Singapore) Pte Ltd (NETS) today announced a new partnership to accept JCB…

Online Travel Booking Grows in China, But Traditional Agents Still Dominate

Mei Ling Tan May 24, 2016

Chinese travelers still trust and use traditional travel agencies more than online booking sites in 2016. But the percentage of online travel agency penetration in China reached a record high…

Shoe manufacturer Le Saunda down at heel for fiscal year

Mei Ling Tan May 24, 2016

Le Saunda Holdings Limited – a company primarily engaged in the manufacture and retail of Le Saunda ladies and men’s shoes, CNE footwear (an O2O brand) and Linea Rosa high-fashion…

Jakarta shopping centers lack inter-connectivity

Mei Ling Tan May 24, 2016

Jakarta may have hundreds of shopping malls, but the city has a long way to go to compete with global shopping destinations like Singapore or Hong Kong, as its malls…

3 Things Investors Should Know About Singapore Post Limited Now

Mei Ling Tan May 24, 2016

Singapore Post Limited is a postal and logistics services company. Its business is currently organised into three major segments: Mail, Logistics, and Retail & eCommerce. Here are three things about the…

Shinsegae opens new duty-free shop in central Seoul with 600 brands

Mei Ling Tan May 24, 2016

South Korea’s retail giant Shinsegae Group opened its duty free outlet on Wednesday in downtown Seoul, about six months upon successfully winning a license on a duty -free retail business…

Hotel Lotte IPO expected to become S. Korea’s biggest offering

Mei Ling Tan May 24, 2016

South Korean retail giant Lotte Group’s hotel unit said Thursday it will go public on the KOSPI market on June 29, which is expected to fetch over 5 trillion won…

Takeover bid of $196m. for Eu Yan Sang

Mei Ling Tan May 23, 2016

A takeover bid for Singapore-based Eu Yan Sang has valued the traditional Chinese medicine retailer at about S$269 million (US$196 million). A consortium comprising Singapore state investment company Temasek Holdings’…

Baidu Wallet launches Southeast Asia foray

Mei Ling Tan May 23, 2016

China’s Baidu Wallet has launched its mobile payment service in Thailand, on the eve of the traditional Thai new-year celebration Songkran. Part of the Baidu search-engine group, the digital payment…

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Latest News

Hong Kong Investors Eye Filling Station Business in Indonesia

Singapore-based Albizia Capital Raises Stake in Indonesian Building Material Supplier

Singapore, Indonesia, Cambodia, Thailand Seek Free Trade Zone With EEU

Tencent Holdings revenues grow 43 per cent

IKEA to sell 23 retail parks across Europe

Online shopping in China accounts for 13% of retail sales

JCB and Nets sign merchant acquiring deal in Singapore

Online Travel Booking Grows in China, But Traditional Agents Still Dominate

Shoe manufacturer Le Saunda down at heel for fiscal year

Jakarta shopping centers lack inter-connectivity

3 Things Investors Should Know About Singapore Post Limited Now

Shinsegae opens new duty-free shop in central Seoul with 600 brands

Hotel Lotte IPO expected to become S. Korea’s biggest offering

Takeover bid of $196m. for Eu Yan Sang

Baidu Wallet launches Southeast Asia foray

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

From Delivery Uniforms to Designer Accessories: DHL and Eric Wongs Eco-Friendly Upcycled Collection Takes Flight

Cracking Into Global Markets: Vietnam’s First Shipment of Ready-to-Eat Eggs Lands in Japan

JD.com Ignites Hong Kong Expansion with Launch of Citys First JD Mall

Vietnam’s Gold Prices Soar Despite Global Market Decline: A Week of Ups and Downs

Prime Minister Albanese Extends Petrol Price Relief for Australian Motorists Amid Middle East Crisis

Malaysia Soars to 15th Spot in Global Economic Competitiveness, Credits Boom in AI and Semiconductor Industry

Heinz and Heineken Unveil Limited-Edition Combo: Beer Meets Ketchup in Epic 150-Year Brand Collaboration

Allianz GI Sets Eyes on Asias Potential: The Future of Asset Management in Rising Eastern Economies

UOB Private Bank Taps Dennis Hong to Fuel North Asias Wealth Management Expansion