June 16, 2026

Latest News

Bamboo Airways soars to $13 million profit

Mei Ling Tan January 10, 2020

Bamboo Airways reported pre-tax profit of VND303 billion ($13 million) in 2019 after one year of flying. The private airline expects profits to increase by VND1 trillion ($44.4 million) in…

Vietnam Railways struggles to compete with budget carriers

Mei Ling Tan January 10, 2020

The Vietnam Railways Corporation (VNR) has admitted its inability to meet performance targets because of competition from low-cost airlines. VNR transported VND8.4 trillion ($362 million) worth of cargo in 2018,…

Former HSBC Heavyweight Joins OCBC

Mei Ling Tan January 10, 2020

OCBC has hired former HSBC Greater China CEO to lead a new wholesale banking unit. OCBC has appointed former HSBC Greater China chief Helen Wong as deputy president and head of global…

Carrefour Easy store opens inside Suning branch

Mei Ling Tan January 10, 2020

Convenience-store Carrefour Easy has opened inside Chinese retailer Suning.com’s Shanghai Zhongshan store, marking the latest step towards integrating the two retail businesses. With sales areas ranging from 100sqm to 250sqm,…

Citi To Hire 2,500 Coders This Year

Mei Ling Tan January 10, 2020

Citigroup’s investment bank plans to recruit 2,500 programmers this year as technology reshapes the business. The move should save as much as $600 million in 2020. Citi intends to beef up…

Tycoon Gives $9 Million on Twitter to Test for Happiness

Mei Ling Tan January 10, 2020

Japanese online retail fashion tycoon Yusaku Maezawa will conduct the social experiment in a serious attempt to observe if the payments boost happiness. 1,000 individuals randomly selected amongst his Twitter…

Shinsegae cedes claim to BTS brand after legal stoush

Mei Ling Tan January 10, 2020

South Korean department store franchise Shinsegae has relinquished its claims to the K-pop boy band BTS brand name following a threat of legal action by the band’s representatives. “We renounce…

Luckin Coffee ways into the vending-machines landscape

Mei Ling Tan January 10, 2020

China’s largest coffee chain Luckin Coffee is moving into the vending machines market. “It allows us to get closer to consumers and we are not restricted by the license approvals,”…

Saigon Co.op launches new concept Finelife in Ho Chi Minh City

Mei Ling Tan January 10, 2020

Vietnam retail group Saigon Co.op has launched a new supermarket concept, Finelife, in Ho Chi Minh City. Located in the upmarket Ha Do Residential Area in District 10, Finelife occupies…

Longreach Group bought Japan’s Caffe Veloce

Mei Ling Tan January 10, 2020

Asian private equity firm The Longreach Group has again acquired a Japanese coffee chain – this time the Caffe Veloce from Chat Noir Company. Without disclosing the amount of the…

Asian Licensing Conference lifting off in Hong Kong

Mei Ling Tan January 10, 2020

The Asian Licensing Conference at the Hong Kong Convention and Exhibition Centre is being held this week. The event, organised by the Hong Kong Trade Development Council (HKTDC), focuses on…

Indian tea chain Chai Kings ready for expansion

Mei Ling Tan January 10, 2020

Indian tea retailer Chai Kings has secured US$1 million in funding from a group of angel investors, including The Chennai Angels, Hyderabad Angels and TiE India Angels. The Chennai-based tea…

Muji launching in Vietnam

Mei Ling Tan January 10, 2020

The first Muji Vietnam store is set to open within three months, a year after the Japanese household goods and apparel chain established an office in the country. As we…

BMW Group India Delivers 9641 Vehicles In 2019

Mei Ling Tan January 10, 2020

The locally-made X3, X5 and X1 contributed significantly to the sales of BMW vehicles in 2019 On the Mini front, the locally the locally-produced Countryman commanded a share of over…

Half of Vietnamese buyers favor used cars assembled locally

Mei Ling Tan January 10, 2020

55 percent of buyers prefer used cars assembled in Vietnam to those imported from South Korea and Japan, a 2019 survey found. This figure is several times higher than the…

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Latest News

Bamboo Airways soars to $13 million profit

Vietnam Railways struggles to compete with budget carriers

Former HSBC Heavyweight Joins OCBC

Carrefour Easy store opens inside Suning branch

Citi To Hire 2,500 Coders This Year

Tycoon Gives $9 Million on Twitter to Test for Happiness

Shinsegae cedes claim to BTS brand after legal stoush

Luckin Coffee ways into the vending-machines landscape

Saigon Co.op launches new concept Finelife in Ho Chi Minh City

Longreach Group bought Japan’s Caffe Veloce

Asian Licensing Conference lifting off in Hong Kong

Indian tea chain Chai Kings ready for expansion

Muji launching in Vietnam

BMW Group India Delivers 9641 Vehicles In 2019

Half of Vietnamese buyers favor used cars assembled locally

DBS Unveils Singapores First Retail-Ready Tokenised Gold Offering: Buy, Trade, and Hold via One Digital Platform

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