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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…
Tata Electronics, a primary supplier for tech giant Apple in India, has increased its internal security measures following a potential leak of confidential client files on the dark web, according to a source from Tata and two industry representatives. In…
Global food corporation Danone is extending its foothold in Australia by acquiring Made Group, the parent company of Cocobella and Rokeby. This transaction is an element of a two-part acquisition designed to increase Danone’s influence in the Asia Pacific…
Starting July 1st, Malaysians will have the ability to withdraw cash from any bank’s automated teller machines (ATMs) or smart recycler machines (SRMs) across the country without the usual RM1 (US$0.25) interbank fee. This new initiative will grant debit…
Beginning in October, Singapore will permit foreign central banks and sovereign entities to store their gold reserves within its borders. This move is aimed at reinforcing Singapore’s standing as a regional hub for gold trading and storage. The city-state’s…
In response to the rapid digital transformation impacting consumer habits throughout the Asia-Pacific region, financial institutions are focusing on redefining their mobile applications to become integral components of daily transactions. Mastercard, a global…
Chagee, the acclaimed Chinese tea chain, has experienced yet another boost in revenues, despite the ongoing expansion of its stores seeming to take a toll on its profit margins. Currently, Chagee owns a staggering 7531 teahouses, located primarily in Greater…
Air China Cargo Co., Ltd. has cemented a deal with Airbus to procure an additional four A350F freighters. This agreement expands the company’s total order for this aircraft model to 10 units, supplementing the six A350F freighters previously ordered in…
Chinese retail giant, VIPshop, has recently announced an increase in their first-quarter profits, a result of robust clothing sales and enhanced margins during the Lunar New Year shopping period. The firm revealed a total net revenue of RMB26.6 billion…
Thai shoppers can now enjoy the elegant and sculptural designs of Alaia, as the brand has expanded its Southeast Asian presence by opening its inaugural boutique in Bangkok. The luxury retail venue, Central Embassy, is host to the new store. The boutique…
The Oversea-Chinese Banking Corporation (OCBC) has announced plans to bolster its wealth-management staff in Hong Kong by 30% this year. This move is a strategic reaction to an increasing demand from its clientele for investment and financing services.…
