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Francois Kohler has been named the new president for South and Southeast Asia by luxury giant LVMH, effective February 23. Kohler succeeds Chris Chong, who is venturing into new professional pursuits. In his new role, Kohler will be reporting directly to LVMH…
Based on a report from the Ministry of Industry and Trade’s Department of Domestic Market Management and Development, Vietnam holds fourth place globally and tops the ranks in Southeast Asia in terms of pork consumption. Forecasts predict that by 2025, each…
Former UBS technology executive, Werner Schlossmacher, has taken on the role of Chief Operating Officer (COO) for Barclays Private Bank Asia. Barclays has confirmed his appointment in a recent statement. Schlossmacher will be stationed in Singapore, from…
BNP Paribas Wealth Management has bolstered its philanthropic operations by unveiling a new donor-advised fund (DAF) platform in Asia. The platform, dubbed the “BNP Paribas Bridge Foundation,” is dedicated to assisting Asian entrepreneurs, affluent…
DHL Group has made substantial progress in its commitment to environmental sustainability across the Asia Pacific region. This comes as part of their initiative to meet the region’s increasing need for reduced-emission logistics solutions. By 2025, DHL has…
In 2025, Thailand outperformed all Southeast Asian nations in the purchase of gold bars and coins, signaling a surge in demand. According to the World Gold Council, total purchases in the country amounted to 51.4 tonnes, which represented approximately 36% of…
Despite the rise of e-commerce, physical retail continues to retain a strong appeal among consumers. According to Savills latest survey of its global expert network on occupier outlooks, physical retail is proving resilient with responses leaning 65% towards…
The Vietnamese motorcycle market experienced a significant expansion of 14.9% in the previous year, marking the most substantial growth rate within Southeast Asia. This surge was, in part, propelled by a substantial increase in sales of electric motorcycles.…
Last year saw Singapore experiencing the second-slowest growth rate in its food delivery market among prominent Southeast Asian nations, according to recent research. The Food Delivery Platforms in Southeast Asia report by Momentum Works reveals that…
DBS Hong Kong, a subsidiary of Singapore’s DBS Bank, has announced the appointment of Xu Qing as the Chief Credit Officer for North Asia and Managing Director, Senior Risk Executive for Hong Kong. Mr. Qing’s appointment came into effect on February 1st. In…
In 2025, Vietnam stood out as the sole Southeast Asian nation to experience a decline in its sales of gold bars and coins. The volume experienced a 14% decrease from the previous year, falling to 36.1 metric tons, in spite of robust consumer interest. Gold…
Chunghwa Telecom, a Taiwan-based telecommunications company, has officially partnered with SES, a satellite operator based in Luxembourg. The two companies have struck a Memorandum of Understanding (MoU) to develop the first second-generation O3b mPower…
Levi Strauss & Co has recently named Vicky Skelton, an experienced executive within the company, as the new Managing Director for East Asia Pacific. This move comes as part of the denim giant’s strategy to boost growth in this key region. Vicky Skelton’s New…
Hapas, a fashion accessories retailer based in Vietnam, is reportedly setting its sights on raising a minimum of $15 million in a forthcoming funding round. The objective of this fundraising effort is to bolster its omnichannel footprint and facilitate…
KK Group, a key player in retail, has unveiled its first independent KKV flagship store in Vietnam, signifying the company’s second international flagship venue as it continues its expansion in Southeast Asia. Store Location and Features The new outlet is…
AS Watson, a health and beauty retail giant, has announced ambitious expansion plans for the coming year, with around 1,000 new stores expected to open. This move comes in response to a significant surge in customer engagement via the company’s loyalty…
