Vann Villegas
Three new shopping malls to open in Jakarta in 2023
Three new shopping malls to open in Jakarta in 2023
Knight Frank said six more malls will open by 2025.
Around 1 in 2 Singaporeans intend to buy audio, video technology
Malaysia has the largest market share of content creators in the region.
Philippines’ San Miguel Foods net income up 21% YoY in 2022
Its revenue rose 16% YoY to around $3.2b.
LEGO Group expands manufacturing in Vietnam
It will also open a factory in the US state of Virginia.
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Seven & i to close 14 Ito-Yokado stores
It aims to focus its core strategy on food.
These are the top social media platforms used by APAC marketers
Around 60% of marketers view social media as more important for their organisations.
Kave Home enters SEA with Singapore flagship store
The store is located in Raffles City.
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.
Women expect ‘lifestyle-centric’ menstrual products
This pushes brands to highlight comfort and health in menstrual care.
Online sales drive South Korea’s 4% retail growth in January
The country’s offline sales dipped by 0.5%.
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.
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.
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