13 stories in this topic
Sour Sally, the pioneering premium frozen yoghurt brand out of Indonesia, is set to participate in FLAsia 2026, a top-tier franchise and licensing exhibition in Asia. The event is scheduled to take place from August 13-15 at the Marina Bay Sands Expo and…
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 significant reversal from the same period last year, which saw an operating income of $149 million and a marginal…
The luxury group Kering has reported an upturn in its performance for Q2, indicating a return to revenue growth. CEO Luca de Meo has attributed this encouraging development to the early signs of progress across Kering’s portfolio, following recent operational…
Cathay Pacific Airways, the third most highly ranked airline globally last year, has announced its potential to realize a profit surge of up to 76% for the first half of this year. This surge, driven by robust passenger and cargo demand, is in comparison with…
Thailand is working to stimulate the consumption and distribution of 300,000 metric tons of southern durian due to an oversupply caused by a decline in exports to China, primarily related to quality issues. The director-general of the Department of Internal…
On Tuesday, Vietnam witnessed its lowest gold prices since the start of July, resulting from a decline in worldwide prices due to escalating tensions in the Middle East. The price of a gold bar from the Saigon Jewelry Company fell 0.88%, to VND147.1 million…
United Overseas Bank (UOB), a leading financial institution based in Singapore, has increased its prediction concerning Vietnam’s GDP growth for the current year. Previously, the bank estimated a 7% increase; however, based on the country’s…
Fast Retailing, the Japanese firm that owns the popular clothing brand Uniqlo, reported a 45.7% quarterly profit surge, despite facing challenges from the Iran war’s impact on supply chains and logistics. Achieving this milestone puts the company on track for…
On Wednesday, a mother from one of Thailand’s wealthiest families officially withdrew the lawsuit she lodged against her son under the “ungrateful child law.” The litigation stemmed from accusations her son, Siranudh “Psi” Scott, made against his older…
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…
In response to the ongoing conflict in the Middle East, Indonesian public corporation Pertamina has substantially elevated its fuel prices, marking the first rise since hostilities commenced. The price of 92-octane gasoline, popularly referred to as Pertamax…
The price of gold in Vietnam continued to decline on Monday, with reductions seen throughout the day following an initial drop of nearly 1% earlier in the day. Saigon Jewelry Company, a prominent gold retailer, noted a further 0.42% decrease in its gold bar…
On Tuesday morning, the U.S. dollar saw marginal gains against the Vietnamese dong. Vietcombank’s transactions reflected a 0.008% rise in the value of the dollar, selling at VND26,349. The U.S. Dollar on the Black Market Interestingly, on the black market,…