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Swedish fashion conglomerate, H&M, has recently undertaken a restructuring exercise which has led to job cuts in Singapore. This move comes as the retailer transfers its Southeast Asian hub from Singapore to Kuala Lumpur in Malaysia. The restructuring…
Panpuri, a prominent fragrance brand from Thailand, has recently announced an aggressive expansion plan that aims to establish 16 new retail outlets across Asia within the year. This initiative marks a significant step in the company’s comprehensive growth…
China’s leading convenience store chain, Meiyijia, is propelling its expansion into Southeast Asia with the launch of its first stores in Vietnam under a fresh international brand, Ohmee. Marking the company’s maiden retail venture beyond China, three stores…
In a strategic move to bolster its foothold in Southeast Asia’s most significant economy, OCBC has entered into an agreement to procure HSBC’s retail banking and wealth management operations based in Indonesia. The Acquisition Details OCBC’s Indonesian…
In a bid to solidify its foothold in the rapidly burgeoning regional infrastructure market, global banking conglomerate Citi has announced the appointment of Bhavin Shukla as its new Managing Director. Shukla is set to steer the firm’s Infrastructure…
Moncler Group, the parent company of Moncler and Stone Island, has announced a robust first quarter. The company’s earnings were primarily driven by sales in Asia. First Quarter Sales Surge The group registered a substantial $1.03 billion in sales during the…
Amouage, a renowned perfume retailer originating from Oman, has made its first foray into the Indian market with a boutique outlet in the Mall of Asia located in Bangalore. Amouage’s Global Presence Founded in 1983, Amouage has significantly expanded its…
Qantas Freight, a subsidiary of the Australian airline Qantas, recently announced the launch of its dedicated freighter services to Singapore. These services, which are expected to begin on April 3, 2026, will operate twice a week and include stops in Sydney,…
Global express service giant, DHL Express, has recently announced the appointment of Herbert Vongpusanachai to the position of Senior Vice President, Commercial for Asia Pacific, effective April 1, 2026. Vongpusanachai, in his current role as Managing…
Global eyewear conglomerate EssilorLuxottica has recently acquired a piece of the pie in Thailand’s optical market, Top Charoen. This move is part of EssilorLuxottica’s expansion plan in Southeast Asia, reinforcing its presence in one of the fastest-growing…
As the conflict in Iran intensifies, both consumers and businesses across Asia are bracing for a potential crisis. The war is causing a squeeze in oil and plastics supplies, leading to an increase in prices on a broad range of products, from ramen noodles to…
As the conflict in the Middle East escalates, DBS, a Singapore-based bank, is observing a significant rise in safe haven flows, leading to an increase in deposit growth. However, this development could also lead to a downward trend in Singapore’s interest…
Southeast Asian coffee chains, including Malaysia’s Zus Coffee and Indonesia’s Kopi Kenangan, are extending their reach beyond their national borders, looking to make their mark on the region’s burgeoning café culture. Unleashing the Flavor of Southeast Asia…
Standard Chartered, a leading UK-based financial institution, has recently announced the appointment of Karby Leggett as the regional head of digital assets. This move comes amidst the swift rise in the acceptance and adoption of digital currencies, tokenized…
Dior Beauty has unveiled its most expansive outlet in Southeast Asia, located in the Siam Takashimaya section of Bangkok’s IconSiam center. This move marks a strategic expansion in one of the most significant luxury consumer markets in the region. The latest…
Bode, the New York-based brand, has inaugurated its first independent store in Tokyo, marking a definitive retail existence in Asia and continuing its worldwide growth. Store Location and Strategy The store has been strategically established in Yoyogi-Uehara,…
