Staff Reporter
Over 70% of consumers at risk of falling victim to digital fraud
Over 70% of consumers at risk of falling victim to digital fraud
This includes emails that offer free gifts and exclusive deals.
Addressing supply chain pain points will form a new source of competitiveness, says PwC leader
Michael Cheng observed that localisation, digitisation, and the circular economy would become major themes for supply chain innovation.
Most shoppers want to see products in-store before ordering online
61% of consumers in the Asia Pacific agreed to this, higher compared to Europe and the Americas.
Malaysian retailers urge government to withdraw luxury tax proposal
This could deter both foreign and local consumers from shopping in the country
Indians favour local over imported brands: Mintel
The support for local brands was driven by economic uncertainty and the climate crisis.
More than 70% of retailers plan to expand in 2023: CBRE
Around 15% plan to right-size.
Philippine-based hard discount store DALI bags $15m ADB investment
DALI is the first hard discount retail firm in the Philippines.
Central Retail’s expansion hinges on tourism-driven growth
Central Retail announced plans to invest US$826.6m in 2023.
Calbee’s expansion seeks to counter declining savory snack market in Japan: Analyst
Calbee plans to expand in China and North America.
BNPL poised to be the most preferred payment method in Southeast Asia: report
BNPL payments grew by 226% in central areas.
South Korea's Coupang narrows loss to $92m in 2022
This improved by $1.5b.
Central Retail net profit up by over 2,600% in 2022
Its net profit amounted to THB7.605b (US$220m).
Philippines’ F&B firm Universal Robina posts 12% net income growth
Net income from continuing operations stood at P14.5b (US$263m).
Tim Hortons, Marubeni partner to tap Southeast Asia’s growing coffee culture
It plans to launch its cafes across Singapore, Malaysia, and Indonesia.
Women expect ‘lifestyle-centric’ menstrual products
This pushes brands to highlight comfort and health in menstrual care.
Amazon India integrates logistics network with ONDC
The cooperation aims to expand support to sellers.
Weekly News Wrap: Alibaba cut 19,000 employees last year; Woolworths attributes in-home dining boom to inflation
And US-based retailer Foot Locker is in talks with Metro Brands for India entry.
Most Read
1. Global brands accept high costs as gateway strategy squeezes local shops 2. Australian retailers cut jobs as fuel and supply chain costs surge 3. Estée Lauder in early talks with Puig over possible merger 4. Hong Kong consumers stay cautious as dining out leads spending 5. Singapore consumers stay cautious despite income growth hopesResource Center
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