Staff Reporter

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.

Experts on adopting ESG standards: Rebuild supply chain and business models, prioritise sustainable and ethical practices

As consumers become more conscious of ESG issues, companies must keep up with this shift by becoming "listening organisations" and focusing on ESG practices.

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.

Luxury retailers to expand China offerings to other festivals: report

Retail sales in the country have generally been stronger during cultural festivities.

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.

Amazon plans hiring persons with disabilities in Singapore

It aims to employ 15% of its associates in operation networks from persons with disabilities.

adidas sees US$746m loss in 2023

This is due to the “adverse impact” of the Yeezy write-off.

L’Oreal posts 6.6% sales growth in North Asia in 2022

Its sales amounted to €11.32b (US$12.07b).