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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia18/09/2023

Sacombank, a major creditor of Bamboo Airways, is seeking approval from economic regulators to invest in the local carrier.< Phan Dinh Tue, a Bamboo Airways board member, said at an unusual meeting on Friday that acombank is a credit institution supporting Bamboo Airways with capital. Hence, Sacombank is genuinely interested in the restructuring process of […]

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Retail Asia01/08/2022

Content creation is important in the present time, especially when digital marketing is booming across the globe. With the world going online, pushing out relevant content for the consumers is extremely important for a business. With the help of content, it is possible to increase brand awareness and brand loyalty and further build customer engagement. […]

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Retail Asia01/05/2022

Among numerous efforts that the Singaporean government has made to drive up economic growth in the country, one of the initiatives that’s gotten the most traction is the Global Investor Programme (GIP). The GIP, an official division of Singapore’s Economic Development Board (EDB), is a programme whose goals are (1) to attract promising investors and […]

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Retail Asia06/04/2022

After flailing through the 2000s as a consumer electronics giant and missing out on the mobile boom, Panasonic found itself a new life with electric cars taking off when Elon Musk and Tesla made the bold and audacious bet on the industry in the mid-2000s. Now, to complete its reinvention it has announced an investment […]

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Retail Asia28/10/2021

Love, Bonito today announced the close of its Series C funding round, raising a total of US$50Million. The round was led by Primavera Capital Group, a global investment firm whose previous investments include Alibaba, ByteDance, Yum China and Mead Johnson China. Adastria and Ondine Capital participated in the round too. Love, Bonito’s current investors include Openspace Ventures and Kakaku.com. Proceeds […]

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Retail Asia29/09/2021

The Swiss bank appoints one of its investment bankers to a key sustainability role. Zurich-based UBS is naming Laurent Bouvier to front a new team of investment bankers focused on environmental, social, and governance responsibility, according to a memo seen by finews.com. Bouvier, a managing director, is currently co-head of the global industries group, with Charles Otton. Bouvier’s promotion […]

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Retail Asia14/07/2021

Speaking at the opening address of the ATxSummit, Singapore Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat announced that Singapore will be stepping up investments to unlock the full potential of the digital revolution through collective action. Investment in research and innovation is key to building solutions for the future and staying at the forefront of […]

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Retail Asia05/07/2021

Alibaba co-founders Jack Ma and Joseph Tsai are reportedly pledging their shares in the Chinese e-commerce giant in exchange for significant loans from global banks. The two tech billionaires have pledged their shares to banks including UBS, Credit Suisse, and Goldman Sachs, according to a «Financial Times» report citing company documents. The shares pledged were […]

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Retail Asia06/02/2020

Grab has bought Singapore-based robo-advisory start-up Bento Invest which will be rebranded as GrabInvest, offering wealth management solutions to drivers, merchant partners and consumers through the Grab app. Grab’s move adds another business vertical under its financial-services division Grab Financial Group which will now be led by Bento Invest founder and CEO Chandrima Das. The […]

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Retail Asia30/01/2020

The investment bank of UBS didn’t deliver as much as the bank had hoped it would in 2019. The heads of the unit have reacted to the underperformance by setting new hiring targets. UBS wants to sign experienced staff to boost its investment bank in the U.S., according to a report. The move follows after the […]

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Retail Asia23/01/2020

The slowdown in the Indian auto market has also dented long term plans of automakers in India. Hyundai which was gearing up to set up a new plant in India has now postponed its plans by two or three years. Hyundai Motor India Managing Director (MD) & CEO, S.S. Kim told Times Of India in an […]

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Retail Asia02/01/2020

Central Group subsidiary Central Retail Corporation, aims to raise up to THB81.1 billion (US$2.7 billion) in an initial public offering (IPO), which will be Thailand’s largest yet. Central Retail’s IPO price will range between THB40 to 48 per share. The company will sell up to 22.1 per cent of its stock or 1.69 billion shares […]

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Retail Asia16/12/2019

Vietnam’s fintech firms secured $410 million, or 36 percent of the global capital pouring into Southeast Asia between January and September, behind Singapore. The country’s share of regional venture capital funding devoted to fintech soared from just 0.4 percent in 2018, according to a report prepared by the United Overseas Bank (UOB), PwC and the Singapore Fintech […]

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Retail Asia27/09/2019

Grab is looking to gain pole position in Indonesia’s budding digital payment market, reportedly exploring a merger between two major players – a local entity it owns and another one backed by China’s Ant Financial. A merger between Grab-backed ONO and Ant-backed DANA would give the ride hailer app an edge over its major Indonesia competitor Gojek, […]

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Retail Asia19/09/2019

UBS is going to revamp its investment banking unit along the lines of a wealth management business. The goal is to make the unit leaner and more global. Piero Novelli and Rob Karofsky are about to unveil their plans for a revamp of the investment banking business at UBS, according to media reports. The two managers have been […]

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Retail Asia29/08/2019

Softbank Group’s Vision Fund has made its first foray into energy storage technology with a $110 million investment in Switzerland-based Energy Vault. While many countries are keen to use renewable energy as part of efforts to cut carbon emissions in the fight against climate change, the challenge has been to find a way to store […]

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Retail Asia07/08/2019

Quick service restaurant KFC announced last week it is investing $1.5 million in a “completely new concept for the fast-food industry” – a first of its kind drive-thru-only restaurant. Located in Newcastle, NSW, the store will feature five lanes and will utilize new technology to improve efficiency and speed in order from the on-site kitchen. […]

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Retail Asia15/05/2019

Chinese textile and retail investment company Shandong Ruyi will list an IPO for its recently acquired The Lycra Co in the hopes of raising around US$500 million. The group is currently exploring a listing in the US as it works with Goldman Sachs, according to those familiar with the prospective deal. Progress has been slow […]

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Retail Asia01/03/2019

ELSA has raised $7 million in a Series-A round from Google’s AI Fund Gradient Ventures and other U.S. investors. The investment round for ELSA, a mobile app that uses artificial intelligence and speech recognition technology to help language learners improve their English pronunciation, was led by Gradient Ventures, Google’s AI-focused venture fund. According to tech […]

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Retail Asia01/03/2019

Vietnam received $2.58 billion in foreign direct investment (FDI) in January-February, up 9.8 percent from the same period a year earlier. FDI pledges, which indicate the size of future FDI disbursements, were more than 2.5 times higher than the same period last year, climbing to $8.47 billion, the Ministry of Planning and Investment said in […]

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