News

South Korean restaurants feel the pinch of surging delivery costs

Higher demand for food delivery workers has ramped up the cost of labour in the industry.

Tmall launches perfume advising services

Nearly 200 customers tried out the service on its launch.

What millennials and Gen Zs spend on most

ZALORA finds younger consumers are becoming more interested in sports-related products. 

Central Retail invests US$1.45b in Vietnam operations

The company plans to generate some US$4.3b in sales by 2027.

E-commerce trends brands need to keep an eye on

Two in three shoppers in Singapore browse online platforms daily. 

What mode of payment Filipino buyers prefer most

Cards were used in over half of the e-commerce transactions in 2022. 

Suntory Group posts nearly 20% profit growth in 2022

Its profit stood at JPY136.2b, approximately US$1.01b.

Starbucks to open 400 stores in APAC in 2023

Its newly-opened 5,000th store is located in Gwanyang-si, South Korea.

Philippines’ baby food market to shrink by 4.5% annually until 2028

This is due to the lower childbirth rates and rising inflation.

Redbubble faces inflation-led headwinds despite cost-cutting

Investors have turned bearish because of changes in consumer behaviour.

Singapore Furniture to ramp up support to businesses, employees

This came following Finance Minister Wong’s call for businesses to upgrade.

Shiseido launches NARS Cosmetics in India

It aims to ramp up its growth in Asia Pacific.

Deliveroo invests in upskilling riders

It allotted over $100,000 to provide upskilling opportunities to the riders.