Topic
31 stories in this topic
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…
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…
In May, Singapore saw an unprecedented increase in the proportion of renewable energy in its power generation mix, according to recent market data analysis. This considerable achievement is attributed to the country’s efforts to scale up solar power…
Inflation this year is likely to be 2.5-3 percent, well below the target of 4 percent set by the National Assembly, due to low consumer demand, analysts said. Global prices of strategic materials are likely to climb in the next few months due to geopolitical…
Instagram is doing what Facebook did a long time ago, it gives users more control over the data they share with third-party apps. New in-app features are available starting today for iPhone users, which allows them to protect the data they share on Instagram.…
ZTE has launched the first 5G smartphone in China, the ZTE Axon 10 Pro 5G. The vendor’s flagship 5G smartphone is ready for commercial use on China’s upcoming 5G networks. The device has achieved downlink speeds of 2Gbps under China’s 5G experimental network…
Massimo Dutti Singapore has launched its sixth store, at Jewel Changi. The Inditex-owned fashion label’s almost 600sqm retail space features the brand’s newest design concept for the first time in Southeast Asia and following the opening of a similar outlet…
Vietnam’s power prices went up 8.36 percent Wednesday after remaining unchanged for two years. A senior official of the Ministry of Industry and Trade told that prices have gone up from VND1,720 (7.4 cents) per kWh to VND1,864 (8 cents), exclusive of VAT. The…
US-based restaurant chain Wing Zone plans to open five more outlets in Manila by the end of this year ahead of pursuing more Southeast Asian opportunities. As Wing Zone opens new restaurants internationally, the company is exploring more local flavours and…
Malaysian palm oil prices are set to hold steady in 2019 at an average of RM2,303 a tonne, according to estimates by the Malaysian Palm Oil Council (MPOC), while global output of the tropical oil is expected to rise by 3 million tonnes. “Global palm oil…
Convenience store chain 7-Eleven is holding advanced talks with India’s Future Group to enter the territory. The parties may announce an agreement to launch a network of 7-Eleven India stores next month, according to inside reports. Future Group would operate…
South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million. The company purchased the brand four years ago for KRW34 billion ($30 million), before taking over its global…
Hong Kong’s new Taiwanese tea and bubbles sensation KiKi Tea is welcoming the Year of Pig with the inaugural launch of ‘Chinese New Year Puddings’ by three Michelin starred chef Albert Au Kwok-Keung. Exclusive recipes with finest ingredients by the starred…
Karan Tanna led Yellow Tie Hospitality, the leading food and beverage franchise management company, has tied up with Taiwan based beverage brand, Chachago to launch its first outlet in Bengaluru in January 2019. Yellow Tie has acquired the master franchise…
Bottled ice tea brand Brewhouse Ice Tea Monday said it has secured US$ 2 million loan from Singapore-based FMCG firm Food Empire Group to expand its footprint and product offerings. Food Empire Group had previously invested US$ 6,00,000 in Positive Food…
With more women spending more on eating out, they have become linchpins of the F&B industry, a study indicates. A new survey by HCMC-based market research firm Decision Lab finds that female consumers can make or break the food and beverage industry of…
