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The Ferrero Group, an international confectionery company, has confirmed its plans to acquire Purely Elizabeth, a wellness brand from the U.S. that has gained significant recognition in the health-conscious food sector. The move by Ferrero is aimed to further…
DHL Express, the global logistics company, has recently introduced a new direct flight service connecting Shanghai and Bangkok. This additional capacity expands a trade route that forms a critical link between China and the burgeoning economies of Indochina.…
Chinese hotpot giant Haidilao is making another attempt to break into the burger industry with its new venture, Fresh Burger, while simultaneously growing its budding sushi brand, Nyoisushi. This diversification comes as the company’s main business…
As customers are increasingly leveraging ChatGPT and Google’s Gemini for product recommendations, retailers are looking to capitalize on the opportunity by making their products appear prominently in chatbot search results. However, they are wary of…
In the first half of 2026, MegaFon Tajikistan, the telecommunications operator, reported significant infrastructure upgrades. These included an upgrade of 47 base stations, expansion of LTE coverage, reinforcement of its fiber transport network, and…
Allianz Global Investors (AllianzGI) is set to acquire UOB Asset Management (UOBAM), the asset management division of Singapore’s United Overseas Bank (UOB). This acquisition will notably augment AllianzGI’s influence in Southeast Asia and provide broader…
Malaysia is making strides in its efforts to enhance digital connectivity within the country. The nation’s communications regulatory body is encouraging licensed telecommunications entities to consider participating in the construction of a new domestic…
New Zealand’s publicly traded skincare company, Me Today, is adjusting its earnings forecast upwards, spurred by promising growth and robust global prospects. Boosting Revenue and Slowing EBITDA Decline In advance of the company’s forthcoming disclosure of…
Authentic Brands Group has announced Shanghai Hui Zhong as its primary operational partner for the Nautica and Spyder brands in mainland China, Hong Kong, and Macau. The new appointment aims to bolster the brands’ growth trajectory in these regions.…
Costco, the multi-national corporation recognized for its warehouse club model, has embarked on an exciting new venture in China. Costco has launched an online flagship store on JD, one of China’s largest online retailers, thereby marking a significant point…
In the first half of 2026, China’s durian imports saw a significant increase of 47% compared to the previous year. This was largely due to surplus stock from Southeast Asian exporters, such as Thailand and Malaysia, following a decrease in durian prices.…
American fast-food chain Chick-fil-A is set to expand its footprint in Singapore with the inauguration of its second restaurant, located at Millenia Walk, on July 30th. This new establishment forms part of the company’s strategic growth plan following its…
In a collaborative effort, TikTok and Thailand’s Department of Internal Trade have drastically elevated durian sales on TikTok Shop, underscoring live commerce as a significant conduit for Thai agricultural commodities. The initiative led to a tenfold surge…
Asics, the renowned Japanese sportswear brand, is set to open its second flagship store in Japan. The grand opening is scheduled for later this month, and the new store will be located in the bustling heart of Tokyo’s Shinjuku district. This four-storey…
Emirates SkyCargo, the air cargo carrier, has unveiled a strategic expansion plan for its freight services throughout East and Southeast Asia. The move is aimed at enhancing the cargo flight frequencies and destinations to meet the increasing demand.…
IndiaMart, a leading online marketplace in India, intends to significantly boost its investment in artificial intelligence (AI) technologies. The company has announced plans to double spending on AI tools every six months with an aim of mitigating false…
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