Stores
ADB, Cambodia’s Foreign Trade Bank to boost financing for MSMEs
MSMEs comprise 99% of Cambodia’s enterprises.
ADB, Cambodia’s Foreign Trade Bank to boost financing for MSMEs
MSMEs comprise 99% of Cambodia’s enterprises.
Malaysia hot coffee segment to grow 4.5% in 2027
In 2022, on-premise consumption contributed 25% to the category's value share.
Central Retail records 10% sales growth during Vietnamese New Year Festival
Vietnam has also experienced growth of 6.3% in the retail sector.
L’Oréal, Miu Miu partner for exclusive worldwide licence agreement
Miu Miu is now part of the L’Oréal Luxe division.
PARKnSHOP names new managing director
Freda Ng was appointed as PARKnSHOP's chief operating officer in 2023.
Jollibee Group sets up the largest solar panel installation
The installation in the Canlubang Baking Facility will consist of 6,300 solar panels.
Estee Lauder to reduce employees by up to 5% amidst decline in sales
Organic sales were down 8% YoY due to challenges in Asia travel retail, amongst others.
Hong Kong retail sales to post stable growth
This is due to the improved market condition and the return of international tourism.
Toys ‘R’ Us ANZ to exit UK, focus on Australia
The UK business expansion is not within the company’s reach.
Korean skincare brand AXIS-Y opens flagship store in Seoul
The store is located in the Cheongdam district, below AXIS-Y headquarters.
Thailand's Jaspal Group expands to the Philippines
The first Jaspal store is in Mall of Asia, Metro Manila.
Around 3 in 5 APAC consumers consider health, well-being impacts in food purchase
As a result, functional food products are seeing increasing demand.
Wholesaler Metcash acquires 3 firms for $363.4m
The companies it obtained were Superior Food, Bianco Construction, and Alpine Truss
IKEA introduces AI assistant in OpenAI GPT
The feature offers specific and customised home design needs for IKEA customers.
Vetreska expands FUR store in Singapore
The flagship store is located in One Holland Village.
How AI reshapes Asia’s foodservice sector
Operational efficiency due to AI use boosts companies’ bottom line.