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DHL Express, the internationally recognized express service provider, recently announced the appointment of Karen Tan as the Chief Information Officer (CIO) for the Asia-Pacific region. Tan, who is based in Singapore, will assume the position currently held…
Honda is set to introduce its ADV 350 touring scooter in Vietnam, a model that enthusiasts previously had to source through private importers. Anticipation is building as shipments are scheduled to commence by the end of this quarter, with Honda dealers now…
In the rapidly evolving landscape of the aviation insurance market, the Asia-Pacific region is set to take flight with remarkable momentum. The market is projected to expand at an impressive compound annual growth rate (CAGR) of 8.7% from 2022 to 2032,…
Leadership Transition at Kenvue Kenvue, Johnson & Johnson’s consumer healthcare sector, has appointed Anindya (Andy) Dasgupta as the new group president for the Asia-Pacific region. The appointment is effective as of July 14th. Mr. Dasgupta will be succeeding…
In a remarkable shift, delivery has emerged as the leading channel in Asia Pacific’s foodservice market, skyrocketing from 10% in 2019 to a projected 23% by 2024, according to the latest insights from Euromonitor International. This evolution is part of a…
The luxury goods sector, a dazzling stalwart of economic growth that typically thrives at about 7% annually, is bracing for a slowdown in 2025, according to insights from Morgan Stanley. This promising world of high-end fashion and lavish accessories is…
With the rise of cloud computing, circular economy initiatives, and renewable energy adoption, Asia-Pacific operators are setting new benchmarks for sustainable practices, shaping a green future across the global telecom industry. Japan’s KDDI stands at the…
With optical fiber networks now reaching the majority of households in many markets, the region’s fiber broadband subscriptions surpassed the 500-million mark at the end of 2022. This figure represents an impressive 85.1% share of the entire residential…
Uniqlo is aggressively expanding its reach by opening more than 20 flagship stores in Asia, Europe, and North America from this month, taking its worldwide store count to more than 2500. In Asia, the Fast Retailing-owned brand will open its largest store in…
Foreign companies, especially Chinese, are investing and hiring more staff in Vietnam to shift their production to the country or expand. In the first half of the year recruitment and payroll services provider Adecco saw a 10% year-on-year jump in demand for…
Etihad Cargo, the cargo and logistics arm of Etihad Airways, is expanding its freighter network with a new route to Madrid. Starting 15 July 2024, Etihad Cargo will operate two weekly Boeing 777 freighter flights between Abu Dhabi and Madrid, adding over 200…
The Lego Group has appointed Claus Kristensen as its new senior VP for Asia Pacific (Apac) to oversee the region and newly reshuffled business units. Kristensen will succeed Eric Maugein, who stepped down after nearly 20 years at the company to begin a new…
Shareholders of Bamboo Airways, at an extraordinary general meeting on Monday, rejected plans for a private placement of shares to increase charter capital. The proposal for a VND9.57-trillion ($405.5 million) issue to increase the capital to VND28 trillion,…
Thanh Cong Group (TC Group) on April 11 announced its sales results for March with over 5,770 Hyundai automobiles sold in Vietnam last month, up 5.5% over February. Hyundai Accent continues to be the best-seller model in March with 1,355 units delivered to…
Swiss crypto bank SEBA will look to establish its Asia Pacific presence by opening a new office in Hong Kong. According to a statement, SEBA has officially opened its Hong Kong office, with managing director Ludovic Shum appointed to lead the city’s executive…
The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group’s grocery chain that will see the two launch co-branded products. Freshippo will begin sales next month at its stores, of which…
