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In the latest trading session, Singapore’s three major banks, DBS, OCBC, and UOB, all witnessed record high closures. Spearheading gains on the Straits Times Index, OCBC saw a 3.3% rise, closing at S$26.34 (US$20.39). UOB climbed 2.9% to S$41.69, and DBS…
Over the years, durian growers in Malaysia have been increasing production levels to meet the rising demand from China. This surge in demand has resulted in an abundance of the fruit, causing a significant drop in prices. Malaysia, renowned for its prized…
Lululemon, the renowned athletic apparel company, is reinitiating its Like New programme in Hong Kong, in collaboration with Redress, a local NGO. This endeavour aims to give a second life to pre-owned clothes and is part of Lululemon’s broader sustainability…
Japanese brewing company Sapporo is set to enter into a strategic partnership with Danish brewer Carlsberg, which entails a $643 million investment for a 25% stake in a Singapore-based joint venture. This venture, which will span across Southeast Asia and…
In the first half of 2026, Vietnam’s coffee exports amounted to US$4.78 billion, marking a decrease of 14.4% compared to the same period in the previous year. This decline in value comes despite a 9.7% year-on-year increase in exported volume, reaching 1.1…
Malaysia has outlined an ambitious plan to decrease its dependence on imported food by half by 2050 in an effort to bolster national food security. This objective arises as the nation grapples with an annual food import expenditure hitting around 80 billion…
Vietnam’s textile and garment industry saw a slight increase in exports for the first half of the year, reaching an estimated $22.2 billion, marking a 1.7% rise compared to the same period in the previous year. This information was released by the Vietnam…
Jorge Rubio Nava, Global Head of Citi Social Finance, recently outlined Citi’s global role in social finance and the prospects for growth in Vietnam and throughout Asia. Citi’s Impact in Social Finance Since its establishment in 2005, Citi Social Finance has…
The popular convenience store chain, 7-Eleven, has filed a lawsuit against sportswear behemoth Nike, alleging that their upcoming sneaker design infringes upon 7-Eleven’s iconic tri-color branding. This legal action comes in response to the striking…
In celebration of its 185th anniversary, Watsons Hong Kong has unveiled a heritage concept store in Yau Ma Tei. This innovative store seeks to blend the brand’s long-standing pharmacy heritage with the excitement of experiential retail and exclusive…
Domino’s Pizza China has made significant strides in expanding its presence across the country, with its total number of outlets now reaching 1550. This was achieved through the addition of 235 new stores during the first half of the year, a move that has led…
Singapore’s retail sector experienced continued growth in May, albeit at a slower pace than in April. Statistics from the Department of Statistics indicate that retail sales, excluding motor vehicles, parts, and accessories, rose by 3.7% in May. This increase…
