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Heineken Thrives in First Half of Fiscal Year Despite Cutting 3000 Jobs
Mei Ling Tan2 min read
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Heineken Thrives in First Half of Fiscal Year Despite Cutting 3000 JobsKim Kardashian’s Skims Expands to India: A Revolutionary Partnership with Reliance RetailZankore: Indosat Partners with Ooredoo, Nokia, and NVIDIA to Revolutionize AI Infrastructure in Asia-PacificIndonesia Sparks Digital Evolution in Retail with First Nationwide Connected Packaging ContestSingapore’s Jumbo Group Launches Joint Venture to Propel Ng Ah Sio Bak Kut Teh Brand in ChinaCoupang’s Financial Rollercoaster: From Massive Profits to Significant Losses Amidst Data Breach CrisisHeineken Thrives in First Half of Fiscal Year Despite Cutting 3000 JobsKim Kardashian’s Skims Expands to India: A Revolutionary Partnership with Reliance RetailZankore: Indosat Partners with Ooredoo, Nokia, and NVIDIA to Revolutionize AI Infrastructure in Asia-PacificIndonesia Sparks Digital Evolution in Retail with First Nationwide Connected Packaging ContestSingapore’s Jumbo Group Launches Joint Venture to Propel Ng Ah Sio Bak Kut Teh Brand in ChinaCoupang’s Financial Rollercoaster: From Massive Profits to Significant Losses Amidst Data Breach Crisis
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False Quality Claims Threaten Kimberly-Clarks Diaper Sales in China: Repercussions and Recovery Strategies
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South Korea’s Startup Boom: How Flexible Digital Regulations Could Unleash a ₩2.4 Trillion Venture Capital Upsurge
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Asia Pacifics First Mastercard Airport Dining Club Debuts in Hong Kong: A Premium Travel Experience for Affluent Flyers
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Coupang’s Financial Rollercoaster: From Massive Profits to Significant Losses Amidst Data Breach Crisis
Coupang, the South Korean e-commerce giant, reported a revenue of US$8.9 billion and a loss of $570 million for the second quarter. The loss is a…
Kim Kardashian’s Skims Expands to India: A Revolutionary Partnership with Reliance Retail
Renowned fashion brand, Skims, has recently launched in India through an exclusive collaboration with Reliance Retail. The brand is going to be…
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Heineken Thrives in First Half of Fiscal Year Despite Cutting 3000 Jobs
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General Retail News
The broad sweep of Asian retail: chains, consumers, policy and the deals that move the market.
General
2 min read
Singapore’s Jumbo Group Launches Joint Venture to Propel Ng Ah Sio Bak Kut Teh Brand in China
The popular Singapore-based Jumbo Group has recently announced its intention to broaden the reach of its Ng Ah Sio Bak Kut Teh brand in China, commencing with a focus on Shanghai. Joint Venture for International Expansion Jumbo Group’s wholly-owned…
General
2 min read
Singapore Retail Sales Surge: Recreational Goods and Jewellery Take the Lead in June
Retail sales in Singapore experienced increased growth in June, with most sectors seeing improvements, with the most significant ones being recreational goods, watches, and jewelry. According to the Department of Statistics, retail sales—excluding motor…
General
2 min read
Hong Kong Retail Market Records 14th Month of Sturdy Growth, Despite Slight Cool-Off
In June, Hong Kong saw an impressive rise in retail sales, with a 4.6% increase compared to the same month in the previous year. This resulted in a total of HK$31.5 billion (US$4.02 billion) in sales, signifying a consistent growth pattern for the 14th…
General
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Unveiling the Hidden Loophole in EU’s New AI Labeling Rules: A Threat to Authentic Online Content?
The European Union (EU) understands the need for transparency in AI-generated content and has decided to enforce mandatory labeling of such content. However, this new ruling has not been without its own set of challenges. EU’s New AI Act The EU’s AI Act,…
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Supply Chain Desk
Indonesia Sparks Digital Evolution in Retail with First Nationwide Connected Packaging Contest
Over 40 universities are participating in a national initiative to explore how product packaging can be transformed into a constant customer engagement platform through augmented…
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Real Estate Desk
Hong Kong Land Buys Singapore’s Wheelock Place for $900 Million, Boosting Its Commercial Footprint
Hongkong Land, a leading property investment, management, and development group, has successfully secured a deal to purchase Singapore’s premium shopping centre, Wheelock Place.…
- Crackdown on Underground Hospitality: Thailand Targets Illegal Hotels on Phuket Island
- Hong Kong Sees Record $2.2B Surge in Bulk Property Investments Amid Rising Rental Demand
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Surge in Electric Vehicle Sales: Vietnam Outpaces Southeast Asia with 71% Growth
During the first half of this year, Vietnam emerged as the leader in Southeast Asia for battery electric vehicle (BEV) sales, with 115,986 units sold. This…
False Quality Claims Threaten Kimberly-Clarks Diaper Sales in China: Repercussions and Recovery Strategies
Kimberly-Clark, the renowned maker of Kleenex tissues and Huggies diapers, lowered their annual profit and sales projections on Tuesday. This forecasting…
Data & Intelligence
Research desk
Surveys, market data and analyst insight shaping Asia's consumer economy.
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ReportJul 30Mei Ling Tan3 min read
Boosting Retail Margins: Uniting Fragmented Product Data through AI
While customers continue to make purchases across various channels, several retail businesses struggle with outdated and disconnected systems. These systems were designed during a simpler time and are now proving to be…
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Amazon, Temu and Shein to Dominate Australia’s Marketplace Sector at the Expense of Local Competition
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