June 18, 2026

Latest News

Online retail the ‘silver lining’ in Singapore retail space

Mei Ling Tan April 24, 2020

The Singapore retail real estate market has weakened amidst the coronavirus pandemic, according to a quarterly market report released by Edmund Tie. Transactions fell across all real estate sectors despite…

Central Pattana improves Covid-19 communication to reassure shoppers

Mei Ling Tan April 24, 2020

Thai shopping center operator Central Pattana is promoting new hygiene and preventive measures to reassure customers their centers are safe during the coronavirus pandemic. Central Pattana’s ‘Central’s Hygiene and Safety’…

H&M tops fashion transparency

Mei Ling Tan April 24, 2020

Fashion Revolution has crowned H&M the most transparent fashion business in the world in 2019, scoring 73 percent of a possible 250 points in its annual Fashion Transparency Index. The…

UOB Offers Liquidity Boost to SMEs

Mei Ling Tan April 24, 2020

Businesses that require urgent access to funding to stay afloat during the Covid-19 outbreak can take up pre-approved loans of up to S$200,000 ($140,000) and only service the interest until December…

Burger chain Eggslut set to open in Korea and Singapore

Mei Ling Tan April 24, 2020

SPC Group, operator of Shake Shack in South Korea, is bringing Eggslut, the California-based egg sandwich chain, to Seoul. The group has acquired the rights to exclusively operate in South…

Cath Kidston to close UK stores and stronger focus on Asia

Mei Ling Tan April 24, 2020

British home-furnishings and apparel retailer Cath Kidston will permanently close all 60 of its stores in the UK, realigning itself as a wholesaler and online brand. The locations, currently shuttered…

Ex-Deutsche Banker Kicks Off Japanese Crypto Exchange

Mei Ling Tan April 24, 2020

Japan’s FXCoin will begin operations after more than two years of building its foundation led by founder and chief executive Tomoo Onishi – ironically an ex-FX sales manager with Deutsche…

UBS Tops Broadridge’s China Rankings for Asset Managers

Mei Ling Tan April 24, 2020

UBS Global Asset Management took the top of Broadridge’s ranking of global asset managers in China, based on a survey of 50 fund gatekeepers from the mainland market. The survey…

Citi to Hand Job Offers to All Summer Interns

Mei Ling Tan April 24, 2020

Fears among graduates that virtual or shortened internship programs at banks amid the Covid-19 pandemic will make it more difficult for them to secure a job after completing the program…

FairPrice launches mobile supermarket in Singapore

Mei Ling Tan April 24, 2020

Singapore supermarket chain FairPrice has launched a mobile grocery service dubbed ‘FairPrice on Wheels’, delivering essential groceries closer to customers’ homes. With FairPrice on Wheels, customers living far away from…

Facebook investing billions in India’s Jio Platforms

Mei Ling Tan April 24, 2020

Facebook has paid US$5.7 billion for a 9.99-per-cent stake in Indian telco and e-commerce enabler Jio Platforms, becoming the largest minority shareholder in the Reliance Industries-controlled company. The size of…

Alibaba Cloud Launches USD 30 Million Global SME Enablement Program

Mei Ling Tan April 23, 2020

Alibaba Cloud, the data intelligence backbone of Alibaba Group, today launched a Global SME Enablement Program to provide cloud technology relief worth more than USD 30 million to new and…

Singapore Digital Payment Provider Expands Abroad

Mei Ling Tan April 23, 2020

Digital payment and digital banking solution provider Fomo Pay has opened an office in Kuala Lumpur, Malaysia and has partnered OCBC Bank on a cross-border funds collection service. Fomo Pay…

Social group e-commerce booms in China during Covid-19 crisis

Mei Ling Tan April 23, 2020

Social group e-commerce is booming, fuelled by the consequences of the coronavirus pandemic, reports Chinese online retail platform JD. The online retailing model has experienced a major boost as Chinese…

Owners Agree Lower Sale Price for Bank Permata

Mei Ling Tan April 23, 2020

The two partners will lower the purchase price of the Indonesian bank to 1.63 times Permata’s shareholders’ equity as at March, from 1.77 times the equity. Standard Chartered and partner…

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