News

Swee Lee unveils new music lifestyle store in Clarke Quay

Highlights of the store include dedicated spaces for product demos, lounging, and listening to vinyl records. 

Swee Lee unveils new music lifestyle store in Clarke Quay

Highlights of the store include dedicated spaces for product demos, lounging, and listening to vinyl records. 

GreenCorp acquires Emad Bakeries to strengthen food investment platform

The acquisition is expected to strengthen GreenCorp's investments in food processing operations.

Southeast Asia's coffee and tea shop sales surge to $4.4b

Singapore was seen by some coffee chains as a strategic hub for their international ventures in the coffee industry.

Privatisation move for Isetan Singapore underway

Isetan Mitsukoshi will acquire 19,500,000 shares in Isetan Singapore for $140m.

ION Orchard launches Singapore's 1st Sustainable Takeaway Programme

Sustainable Takeaway will run from 1 April to 30 September 2024.

Indonesian consumers embrace functional fragrances as stress level rises

Around 80% of consumers consider a product’s health impact in their purchase.

L Catterton Asia forms JV with Sanjiv Mehta for Indian market

Mehta will serve as its executive chairman of India, effective 4 April.

Australia's Easter-labelled online candy SKUs down 10 % YoY amidst cost-of-living crisis

Still, seasonal chocolate sales are expected to outpace other chocolate confectionery types in the country.

Coupang to invest $2.23b to expand ‘rocket delivery’ in South Korea

It will set up more than eight fulfilment centres to serve as logistical hubs for swift delivery.

Jollibee invests $28m in beverage firm Botrista

The investment aligns with its goal of tapping into the growing market for beverages globally.

Around 9 in 10 APAC retail CIOs plan to invest in GenAI

Challenges in GenAI adoption include cybersecurity and privacy.

 JD Super and Quinta do Noval partner to bring premium Portuguese wines to China

It will expand the selection of Portuguese wines on JD Super’s platform.

Ingka Investments completes acquisition of Ikano Bank

It is expected to strengthen IKEA's financial services portfolio.

GOPIZZA to expand to over 200 outlets in South Korea

It will be launching in partnership with the convenience store brand GS25.

Venturi Partners invests $25m in DALI Discount for Philippine expansion

It is Venturi Partners’ second Philippine investment after Pickup Coffee.