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Shell Thailand has initiated a significant expansion in its convenience retail sector across Southeast Asia, marking this advancement with the launch of its inaugural Convenience+ store. This venture has been developed in partnership with Tops Daily, a…
Singaporean furniture company Castlery has launched its debut physical store in the United States, choosing the Chelsea area of Manhattan for its flagship site. The 3,000 square foot showroom represents a significant shift for the brand, moving from an…
Martin Lindstrom, the current CEO of Ikea under the DFI Retail Group, has announced his decision to step down from his position by the end of May. This move marks the end of his impressive 36-year tenure at the world-renowned Swedish furniture retailer.…
Swedish furniture giant Ikea is broadening its reach in India with the inauguration of a new 3000 square foot store in Pune. This move is a continuation of the company’s assertive expansion across the country, adding to its already established locations in…
In response to the recent spike in global oil prices, the Malaysian government has made the decision to decrease the monthly quota for subsidized RON95 fuel from 300 liters to 200 liters, with the policy effective from April. Reasons for the Reduction This…
In a notable development, gasoline prices in Vietnam saw a significant drop ranging from 6.47% to 18.8% late on Thursday. The widely used RON95 fuel recorded the highest decrease of 18.8%, reducing its price from Wednesday to VND24,330 (equivalent to US$0.92)…
Indian billionaires are vying to introduce cost-effective medications for diabetes and obesity in response to the escalating demand for reasonably priced alternatives to the well-known weight-loss drug, Ozempic. Sun Pharmaceutical Industries, established by…
Cambodia has been increasing its fuel imports from Singapore and Malaysia in a bid to compensate for supply shortages caused by ongoing conflict in the Middle East, which continues to hamper global fuel supply chains. The Minister of Mines and Energy for…
Last Thursday, Vietnam experienced a significant surge in gasoline prices, which increased by 20% to reach their highest level since July 2022. This sharp rise is linked to ongoing conflicts in the Middle East, which have prompted a double-digit escalation in…
Swaggle, a pet care subsidiary of supermarket titan Coles, will be shutting down after a two-year run, it has been confirmed. Swaggle marked Coles’ entry into the thriving pet care industry which is currently valued at over $33 billion annually in Australia.…
The Australian federal government is currently seeking public feedback on the possibility of enacting laws to regulate the marketing of infant formula in the country. This consultation process is open for submissions until the 10th of April. The Background…
Australian Government Considers Infant Formula Marketing Regulations The Australian federal government recently invited public responses to a consultation paper, exploring the potential introduction of laws to limit or completely halt the marketing of infant…
The price of gasoline is on a continual rise, leading the government to depend on its stabilization fund to provide subsidies. On Tuesday, there was yet another increase, with the price of RON95 fuel skyrocketing by 7.69% to VND29,120 (US$1.11) per litre.…
In recent years, technology firms have been reluctant to constrict minors’ access to their platforms, citing technical constraints, practicality issues, overreach, and security threats. However, an increasing number of governments are now viewing these…
The Ministry of Commerce in Cambodia has sent out a public appeal to all citizens and fuel station owners to desist from hoarding fuel in an attempt to maintain a stable supply chain throughout the country. The public notice, issued on the 6th of March,…
Muji, the renowned Japanese lifestyle retailer, is set to launch a hotel in Kyoto, a city well-known for its rich historic and cultural heritage. The grand opening of this hotel, christened Muji Base Kyoto Kiyomizu, is slated for May 20th. Location and…
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