Jaleen Ramos

Vingroup to sell stake in SDI Company

SDI, Sado Company, and Vincom Retail will no longer be Vingroup subsidiaries after the transaction.

Australian retail spending growth slows down to 2% YoY in 2023

Whilst traditional retail spending growth slowed, online retail increased in 2023. 

India's light vehicle sales to hit record 4.9 million as economy grows

SUVs emerged as the driving force behind India's robust vehicle sales.

Around 4 in 5 Australian households embrace online shopping in 2023

About 9.5 million households made online purchases in 2023.

K-Beauty market to hit $13.9b by 2027

The Asia-Pacific region accounted for about 69.9% of the K-beauty products industry share.

Duravit unveils first flagship store in Vietnam

This is the brand’s first location in Southeast Asia. 

Established brands in APAC remain resilient amidst emerging competition: report

Incumbent brands remained steady at 28% and won in 27% of the categories against insurgent brands.

Philippines' URC profit down 12% YoY to $230.1m in 2023

The company attributed the decline to higher comparables from a land sale. 

JD.com's net income surges 132.8% YoY to $3.4b in 2023

The company’s revenue reached $152.8b, up by 3.7% from 2022. 

McDonald's global outage raises concerns over reliance on digital services: GlobalData

The report stressed the need for the restaurant industry to prioritise digital investment.

Levi’s revamps Kyoto store

It has a station that allows shoppers to customise their apparel with embroidery, patches, and more. 

China, Bangladesh partner to boost RMG industry

The two countries discussed the potential collaboration to promote the apparel industry of Bangladesh on the global stage.

JD.com upgrades ‘Spring Dawn Initiative’ with AI services

It now includes a store launch AI assistant, AI-driven content creation tools, and a digital presenter live streaming service. 

Why trust in AI crucial for F&B industry transformation

Some brands are now turning to innovative AI techniques in food creation.

Indonesia's garment, textile industry urges gov't action on imports, costs, instability

The industry faces challenges such as low competitiveness, widespread layoffs, and diminishing export markets.

Sustainability, technology advancements reshape packaging industry: report

The industry is evolving with a growing emphasis on sustainability and the integration of smart technologies.