June 19, 2026

Latest News

Dairy Farm sells Wellcome Taiwan to Carrefour

Mei Ling Tan June 4, 2020

Hong Kong-headquartered Dairy Farm is to sell its Wellcome Taiwan grocery retail business to Carrefour, with settlement later this year after regulatory approvals have been granted. The deal – worth…

SGX Launches Singapore Single Stock Futures

Mei Ling Tan June 4, 2020

In response to growing client demand for a broader suite of Singapore-linked equities products, Singapore Exchange (SGX) will launch 10 Singapore Single Stock Futures (SSFs) on 15 June 2020. The list…

Volkswagen To Install Porsche’s CEO As Volkswagen Brand Chief

Mei Ling Tan June 4, 2020

Volkswagen Chief Executive (CEO) Herbert Diess will promote Porsche CEO Oliver Blume to become head of the Volkswagen brand as part of a broader management reshuffle, Auto Motor and Sport…

HSBC Adds Offshore Investment Options

Mei Ling Tan June 4, 2020

The bank has become the first international bank in China to roll out Qualified Domestic Limited Partnership (QDLP) investments. HSBC is expanding overseas investment options for its Chinese high-net-worth (HNW) clients…

Giant Nike Thailand opens flagship store in Bangkok

Mei Ling Tan June 4, 2020

A giant Nike Thailand flagship store has opened in Bangkok’s Siam Center, with a footprint spanning more than 9000sqft. Designed to showcase Nike’s product innovation across multiple categories, the store…

Grocery shopping online in China booms due to virus outbreak

Mei Ling Tan June 4, 2020

Grocery shopping online is poised for explosive growth in China, with more than half consumers saying they are buying more online even after stores reopen. According to research by GlobalData,…

Cebu Pacific resumes some domestic flights yesterday

Mei Ling Tan June 3, 2020

Budget airline Cebu Pacific on Saturday said it would resume some domestic flights by June 2, but international flights would remain suspended from June 1 to 30. “We will continue…

Citi Appoints APAC Tech Vice Chair

Mei Ling Tan June 3, 2020

Will McLane was named Asia Pacific vice chairman of technology at Citi, according to an internal memo, in addition to his existing role as vice chairman of the global financial…

Ted Baker plots new heading after hefty loss

Mei Ling Tan June 3, 2020

British lifestyle brand Ted Baker is seeking to raise £95 million to strengthen its balance sheet in the wake of the Covid-19 pandemic and fund a strategy for expansion dubbed…

BeChef plans 50-strong shared kitchen network across Japan

Mei Ling Tan June 3, 2020

BeChef has launched a shared kitchen in Kyoto, with plans to host 300 eateries across Japan within the next three years. The first BeChef + Kyoto-branded shared kitchen occupies a…

Teafolia closing down, Singapore’s latest victim of the virus outbreak

Mei Ling Tan June 3, 2020

Singaporean bubble tea brand Teafolia has permanently ceased operations in the territory. A Facebook post announcing the closure cited the “current economic situation” as the reason for shuttering its outlets.…

CIMB Appoints Group CEO

Mei Ling Tan June 3, 2020

He succeeds Zafrul Tengku Abdul Aziz, who resigned as group CEO of CIMB Group Holdings and CEO of CIMB Bank in March to join the Malaysian cabinet as finance minister. CIMB Group,…

Amazon is making Alexa even more powerful with a slew of new features

Mei Ling Tan June 3, 2020

When it comes to smart speakers, Amazon dominates the US market with its Alexa-powered Echo devices. According to a report published early this year by eMarketer, nearly 70% of US smart…

JK Tyre Announces Entry Into The US Market

Mei Ling Tan June 3, 2020

JK Tyre & Industries Ltd. today announced the commencement of operations in the United States. JK Tyre has set up a new entity – Western Tires INC – based at…

Google releases new features for some of its Android apps

Mei Ling Tan June 3, 2020

If you own an Android smartphone, you’ll be getting a handful of nifty features in the coming months. However, if you own a Pixel phone, you’ll be getting most of these new…

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