The number of South Korean cafes continues to grow at a brisk pace, according to a government recent study. The Korea Fair Trade Commission reported there were 15,036 coffee shops…
Fast-fashion retail giant H&M has labeled India its fastest-growing emerging market. The firm is now targeting ₹2,000 crores (US$280,000) in turnover from the territory, a goal it is likely to…
Tesco executives and advisors will this week start evaluating offers for its Thai and Malaysian businesses following Friday’s deadline for binding offers. However, with the asset valued somewhere in the…
Thailand’s Central Retail Corporation achieved 8 percent revenue growth last year to US$7.1 billion and an 11-per-cent boost in profit to $394.7 million. CEO Yol Phokasub said the improvement reflected…
There is currently an almost endless array of technologies and innovations that Asian retailers can invest in as they look to future-proof their business and meet the expectations of the…
Starbucks Japan is to open a greenhouse store in western Tokyo this month, set in a theme park celebrating flora and fauna. Located inside the Hana Biyori greenhouse operated by…
Axa Mandiri Financial Services, one of Indonesia’s major insurance companies, expects to maintain double-digit growth in premium income this year, by tapping into the large customer base of its parent company,…
DBS is ramping up its portfolio advisory capabilities to provide Private Bank and Treasures clients with more insightful and comprehensive investment reviews. DBS is introducing a portfolio review tool, co-developed…
Standard Chartered on Thursday has pushed back its target return on tangible equity, despite posting a commendable increase in annual profits. The revenue growth came from its main markets. The lender…
The expectation for India’s consumption to recover in 2020 is getting pushed out further, according to forecasts by BNP Paribas. Given that the nation’s slowest economic expansion in 10 years…
It’s been almost two years since Apple acquired Shazam, the music recognition software that everyone installs on their phones. To this day, Shazam would allow Android users to connect to the…
Shares of Tesla Inc fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker’s vehicle registrations in China. Data from LMC…
“The company has also placed colleagues who came in close contact with the infected employee in self-quarantine and taken steps to have them tested for possible infection,” Hyundai Motor said…
Retail and e-commerce accounted for nearly a quarter of online marketing in Vietnam last year as players compete for more customers. The category claimed 23.9 percent of $1.26 billion spent…
Carrefour China has achieved its first quarterly profit in seven years according to the Tian Rui, CEO of Suning Group, which bought the former French hypermarket group last September. During…
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