News

Proposed tax hikes could hurt no-alcohol beer in Thailand

A tax hike on no-alcohol beer is being considered to discourage attracting novice drinkers.

Proposed tax hikes could hurt no-alcohol beer in Thailand

A tax hike on no-alcohol beer is being considered to discourage attracting novice drinkers.

Top 25 global retailers post 7.1% revenue growth despite economic woes

GlobalData linked this to the pandemic-driven shift in shopping habits. 

Meituan launches food delivery brand KeeTa in Hong Kong

It is initially launched in Mong Kok and Tai Kok Tsui,

Miniso marks 10th year with expansion to new markets

Lifestyle retailer leverages globalisation, consumer trends, and partnerships for future growth.

ZALORA expands regional fulfilment hub in Malaysia

With a 50% expansion, it increased its capacity to house 7 million items. 

Over 50% of SG households change grocery buying habits amidst inflation

More than 40% decreased their budgets, whilst nearly 15% allotted a higher budget for groceries. 

adidas to release remaining YEEZY products 

The company ended its partnership with YEEZY after the hate speech of rapper Ye.

APAC retailers rely on supply chain innovation, ESG to meet post-pandemic challenges

Retailers must adapt to new consumer demands, leverage technology to improve supply chain efficiency, and embrace ESG sustainability: PwC.

Sun & Sand Sports enters Southeast Asia with first Singapore store

The new store offers over 21 brands across c varying sports.

Shopee launches new initiative to strengthen IP protection 

It recently launched its Brand Protection Partnership initiative. 

Apple opens online store in Vietnam

Customers can personalise their shopping and avail of retail services online.

Mobile wallets gradually displaces traditional payments in India: report

Payments through mobile wallets are expected to rise by 23.9% annually until 2027. 

Jollibee exits PHO24 business

This will enable the company to concentrate on its other businesses.

Suntory Beverage & Food net profit up nearly 10% in Q1

Its net profit attributable to owners amounted JPY14.6b.

Reliance Retail net profit grows by 12%

Its net profit amounted to INR2,415 crore.

Central Retail posts over 75% net profit growth in Q1

Its net profit stood at THB2.31b during the quarter.