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The average price of hotel rooms in Ho Chi Minh City (HCMC) experienced a 20% increase on a year-by-year basis in the second quarter, reaching VND2.4 million (US$92) per night as a result of robust demand. This surge in demand was largely fueled by…
DayOne Data Centers, the Singapore-based data center operator, has announced its plans to file for a U.S. initial public offering (IPO). The move comes as the firm aims to raise approximately $5 billion, given the increasing demand for AI infrastructure.…
Renowned dairy and plant-based milk brand, MilkLab, has expanded its market by introducing its Almond and Oat varieties to consumers in New Zealand via Woolworths stores. The move is in response to the increasing demand for dairy alternatives among New…
The retail sector in Hong Kong experienced a healthy growth in May, a trend that is anticipated to sustain, given the positive economic climate. Data from the Census and Statistics Department reveals a 7.9% year-on-year increase in retail sales, reaching…
The Hong Kong Exchanges and Clearing (HKEX) is advancing its plans to rejuvenate the trading of gold futures as the demand for the commodity keeps escalating across mainland China. This move comes amidst the city’s pursuit to introduce fresh gold products and…
A recent study reveals that Singapore experienced the second-lowest growth in its food delivery market in the previous year amongst significant Southeast Asian nations. The gross merchandise value (GMV) for food delivery in Singapore escalated by 13% in 2025,…
Following their impressive online achievements in the US, South Korean cosmetic start-ups are seeking to strengthen their physical presence in the world’s largest consumer market. These brands, including Tirtir, D’alba, Torriden and Beauty of Joseon, are…
The Asia Pacific region is leading in mobile ad request with a growth of 44%. This is almost twice the average growth of the Americas and EMEA regions, both of which are pegged at 23%. This was the conclusion of the Global Trends in Mobile Advertising H2 2018…
South Koreans are spending record amounts shopping with their mobile devices, raising the risk of debt downgrades for retail giants still focused on mall traffic. The odds that the nation’s No 1 department store operator, Lotte Shopping Co, will miss debt…
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