Vann Villegas
APAC brands reinvests highest percentage of revenue in media spend
APAC brands reinvests highest percentage of revenue in media spend
Around 4.6% of the brand revenue of APAC brands was spent on advertising.
Malaysia to record ‘healthy’ spending growth in 2022: Fitch
It posted a three-year high 29.9% growth in retail sales in May.
First Nike Style concept store opens in South Korea
It is located in Hongdae in the capital Seoul.
Philippines’ Emperador lists on SGX main board
It aims to generate 50% of its sales from outside the Philippines by 2025.
Around 9 in 10 SG SMEs export to over 10 int’l markets
The average number of international destination markets in Singapore is 35.
Central Retail, GULF partner for solar power production
They invested $2.5m to establish Greengen Energy.
Central Retail eyes investing over $862.2m in Vietnam in the next 5 years
It plans to be to number one omnichannel platform in Vietnam.
Philippine-based liquor firm to join SGX main board on 14 July
It will be the first Philippine-listed company to hold a secondary listing on SGX.
Malaysia posts highest wholesale, retail trade sales since 2013 in May
It increased by 19.9% YoY to around $29.4b.
A.S. Watson invests $114.7m more in tech to improve customer experience
Priorities for investment include O+O solutions and in-store technologies.
Maje expands to Southeast Asia with ZALORA
It is available in ZALORA Singapore and Malaysia starting on 1 July.
FedEx, eBay partner to boost APAC e-commerce market
eBay sellers in the region can get competitive discount rates.
Retailers eye using recycled plastic, sustainable materials in products
Some companies in the personal care sector are offering re-fillable options
Ultra-fast, same day delivery on the rise for e-commerce
However, the trend might slow down due to inflationary pressures, Fitch said.
Lukfook’s attributable profit rises 36.9%YoY in 2022
It saw a record revenue growth of 32.5%.
JD Health buys pet care business
The acquisition was worth $355.4m.
Cybersecurity revenues from consumer goods sector to reach $6.5b by 2025
This is due to the rise in digitalisation in their operations.
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1. Shopee allocates $38.46m to SME programmes for 2026 2. Lazada launches tiered membership programme in six Southeast Asian markets 3. China’s FMCG market logs 1.3% growth in Q3 on more O2O purchases 4. IKEA opens first New Zealand store at Sylvia Park 5. Singapore shoppers start year-end buying earlierResource Center
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The Filipino snack brand transformed bacon into both a culinary canvas and a consumer favourite.
