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South Korea has the potential to draw an extra ₩2.4 trillion in yearly venture capital investment and launch numerous additional startups if it were to adopt more favorable digital regulations, a recent study conducted by Oxford Economics for Digital…
Indonesia’s leading ride-hailing company, GoTo, announced its second successive quarterly net profit on Wednesday. The positive financial outcome was underpinned by significant expansion in its fintech sector and continued fiscal prudence. For the quarter…
During the first half of 2026, online retail sales have seen a significant surge, growing by over 40% year-over-year on key e-commerce platforms. This is triple the growth rate of Vietnam’s overall retail sector. Online Marketplaces Experience Rapid Growth…
In Vietnam, the excitement of the 2026 World Cup has sparked a shopping frenzy, as consumers eagerly take advantage of retail promotions. With retailers offering substantial discounts on household appliances and fashion items, Vietnamese shoppers have been…
Bangkok is emerging as Southeast Asia’s most dynamic hub for ultra-high-net-worth (UHNW) individuals, illustrating Thailand’s increasing allure for global wealth despite ongoing economic and geopolitical instability. The UHNW populace in Thailand’s capital is…
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…
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 the first half of 2026, Vietnam saw a significant increase of 17.8% in its fruit and vegetable exports, reaching a total of US$3.65 billion. This upward trend was notably reflected in the second quarter, where exports alone generated a revenue of $2.18…
California’s Vuori, an activewear brand, is reportedly putting China at the forefront of its global expansion strategy. The company’s intention is to expand its global store network more than twofold. China at the Heart of Vuori’s Expansion Plan In a recent…
In the most recent 2026 IMD World Competitiveness Ranking, Malaysia’s standing significantly improved, moving up eight spots to claim the 15th place. This notable advancement represents the country’s greatest leap in recent years. The International Institute…
In April, Singapore’s retail sales growth accelerated, with most sectors, especially petrol service stations, experiencing significant advancements. The Department of Statistics reported a 4.5% rise in retail sales, excluding motor vehicles, parts, and…
Thailand’s merchandise exports experienced a surge for the 21st month in a row in March 2026, reaching a new high of US$35.16 billion, an increase of 18.7% when compared to the previous year. The Ministry of Commerce reported these figures, highlighting a…
The family of the late Chairman of the Samsung Group, Lee Kun-hee, is nearing the completion of a sizeable inheritance tax payment. The amount, approximately 12 trillion won ($7.95 billion USD), is expected to be settled later this month. Final Installment…
Yum China Holdings ended the 2025 fiscal year on a strong note, with an increase in delivery orders and expedited store openings fueling a rise in sales and profits, even amidst muted consumer spending in China. Performance Overview During the quarter that…
Australia’s logistics and warehousing sector is experiencing robust growth, increasing the demand for storage systems that adhere to rigorous technical and safety standards. This has led suppliers to modify their products to align with the country’s stringent…
The Asia Pacific continues to be a global hotspot for mobile innovation, acting as a catalyst for change in telco strategies due to the growing data consumption rate in the region. According to the Ericsson Mobility Report, global mobile network data traffic…
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