June 20, 2026

Latest News

Meituan Sees Silver Lining as Food Delivery Battles Cool Down Despite Another Quarter Loss

Mei Ling Tan June 2, 2026

Meituan, China’s foremost food delivery company, reported its third consecutive quarterly loss this Monday. However, it did manage to meet revenue growth projections. The company has been weathering a particularly…

Family Offices Pivot towards AI and Diversification amid Geopolitical Uncertainty: UBS Report

Mei Ling Tan June 2, 2026

Global financial markets are experiencing profound shifts due to geopolitical and structural uncertainties, leading family offices globally to reconsider their investment strategies. This emerges from UBS’s “Global Family Office Report…

Besi APac Partners with DHL Express to Slash Greenhouse Emissions through Sustainable Aviation Fuel

Mei Ling Tan June 2, 2026

Besi APac Sdn. Bhd., the Malaysian unit of top semiconductor assembly equipment manufacturer BE Semiconductor Industries N.V., has entered into a partnership with DHL Express by joining their GoGreen Plus…

OCBC Joins Forces with Major Business Chambers to Boost China-ASEAN Trade

Mei Ling Tan June 1, 2026

OCBC, Singapore’s second-largest bank, is amplifying its efforts to harness the expanding economic ties between Greater China and Southeast Asia. This new endeavor sees the bank forming a strategic partnership…

Mastercard Unveils Phone. Passport. Mastercard Campaign: Revolutionizing Travel in Southeast Asia with Seamless Digital Payments

Mei Ling Tan June 1, 2026

Mastercard has launched a new campaign aimed at making travel across Southeast Asia more seamless and rewarding for consumers. The initiative, named “Phone. Passport. Mastercard”, primarily focuses on improving the…

Chagees Expansion Spree Boosts Revenue but Dents Profits: Inside the Chinese Tea Giants Strategy

Mei Ling Tan June 1, 2026

Chagee, the acclaimed Chinese tea chain, has experienced yet another boost in revenues, despite the ongoing expansion of its stores seeming to take a toll on its profit margins. Currently,…

Abercrombie & Fitch Conquers Asia: Opens New Store in Manilas SM Mall of Asia

Mei Ling Tan June 1, 2026

Abercrombie & Fitch, the well-known American fashion label, has extended its global reach with the opening of a new store in the Philippines. Nestled within the bustling SM Mall of…

Barbara Werschine Takes the Helm at Lanvin: A Luxury Brands New Era Begins

Mei Ling Tan June 1, 2026

Lanvin Group has announced the appointment of Barbara Werschine as the new Chief Executive Officer (CEO) of Lanvin. This strategic decision is part of the luxury fashion group’s initiative to…

Naora Opens Its Doors: A Membership-Based Global Sailing Journey Across 183+ Destinations

Mei Ling Tan May 29, 2026

From the outer reefs of the Maldives to the hidden anchorages of Raja Ampat, from the wild coast of Patagonia to the Society Islands of the South Pacific — NAORA…

Segafredo Brews Bold Move: Italian Espresso Hits Shelves in 900+ Woolworths Stores Across Australia

Mei Ling Tan May 29, 2026

Italian espresso company, Segafredo, has extended its reach into the Australian retail grocery market with a new product lineup. Over 900 Woolworths stores nationwide and their online platform will carry…

New Leadership Horizons: Nigel Parsons Takes Reins as Asahi’s Europe and International Division CEO

Mei Ling Tan May 29, 2026

Nigel Parsons has been announced as the new CEO of Asahi’s Europe and International (AEI) segment, succeeding Dragos Constantinescu who is set to leave his position at the end of…

Ferrero Expands Beyond Sweets: Innovation and Brand Extension Fuel Retailer Growth Opportunities

Mei Ling Tan May 29, 2026

Ferrero, a globally recognized confectionery brand, is venturing into new categories, offering retailers a chance to expand their growth. The company’s commitment to quality, local manufacturing, and exceptional execution is…

Siam Piwat Elevates Luxury Ecosystem with Global Giants: A Bid to Become Thailands Hub for High-Net-Worth Clients

Mei Ling Tan May 29, 2026

Siam Piwat Group, a leading Thai developer and operator of renowned shopping outlets like Siam Paragon, Siam Center, and Siam Discovery, has announced a strategic alliance with four major luxury…

Modella Capital Scoops Up Danish Retailer Flying Tiger, Eyeing Global Expansion

Mei Ling Tan May 29, 2026

Flying Tiger Copenhagen, a Danish variety store chain renowned for its affordable home goods and craft kits, has been acquired by Modella Capital, a UK-based private equity firm. Established in…

EU Slaps Chinese Retailer Temu with $232M Fine for Failing to Halt Sale of Illegal Products

Mei Ling Tan May 29, 2026

Temu, a prominent Chinese online retailer, has been penalized with a €200 million (US$232 million) fine by European Union (EU) tech regulators for their apparent laxity in addressing the sale…

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Latest News

Meituan Sees Silver Lining as Food Delivery Battles Cool Down Despite Another Quarter Loss

Family Offices Pivot towards AI and Diversification amid Geopolitical Uncertainty: UBS Report

Besi APac Partners with DHL Express to Slash Greenhouse Emissions through Sustainable Aviation Fuel

OCBC Joins Forces with Major Business Chambers to Boost China-ASEAN Trade

Mastercard Unveils Phone. Passport. Mastercard Campaign: Revolutionizing Travel in Southeast Asia with Seamless Digital Payments

Chagees Expansion Spree Boosts Revenue but Dents Profits: Inside the Chinese Tea Giants Strategy

Abercrombie & Fitch Conquers Asia: Opens New Store in Manilas SM Mall of Asia

Barbara Werschine Takes the Helm at Lanvin: A Luxury Brands New Era Begins

Naora Opens Its Doors: A Membership-Based Global Sailing Journey Across 183+ Destinations

Segafredo Brews Bold Move: Italian Espresso Hits Shelves in 900+ Woolworths Stores Across Australia

New Leadership Horizons: Nigel Parsons Takes Reins as Asahi’s Europe and International Division CEO

Ferrero Expands Beyond Sweets: Innovation and Brand Extension Fuel Retailer Growth Opportunities

Siam Piwat Elevates Luxury Ecosystem with Global Giants: A Bid to Become Thailands Hub for High-Net-Worth Clients

Modella Capital Scoops Up Danish Retailer Flying Tiger, Eyeing Global Expansion

EU Slaps Chinese Retailer Temu with $232M Fine for Failing to Halt Sale of Illegal Products

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

Chinese Beauty Brand Judydoll Conquers Europe via Joybuy E-commerce Platform

Lululemon Issues Apology in China for Cultural Misstep at Great Wall Event

Buccellati Unveils Palatial Asia-Pacific Flagship Store in Bangkok, Boosting Presence in Southeast Asia

Asia’s High-Net-Worth Travellers Now Have a World-First Option: A Private Sailing Membership That Moves With Them

Domestic Demand Dwindles in China Despite Soaring Industrial Output

Shein and BHV Call it Quits: End of Controversial Fashion Partnership in Paris

Billion-Dollar Bite: Yum China Gobbles up Pizza Hut in Transformative $1.2B Deal

Starbucks Korea Closes for Sensitivity Training Following Historic Campaign Controversy

Chow Tai Fook Unveils Chic Redesigned Boutique in Vancouvers Luxury Retail Hub, Oakridge Park

China Cracks Down on Walmart’s Sams Club Over Food Safety Concerns

Thriving Puppy Preschools: Chinas New Trend in Pet Pampering

Nike Unleashes Football Universe in Hong Kong Stores to Ignite World Cup Fever