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On Monday, AliExpress, Alibaba’s subsidiary, was slapped with a record-breaking €550 million (US$629 million) fine by the European Union for its failure to address sales of illegal, dangerous and counterfeit items on its platform. This penalty is considered…
The Market Surveillance Department has issued fines totaling VND215 million (US$8,163.74) to seven retail stores in Da Nang, Vietnam for selling fake merchandise from brands such as Gucci and Nike. The shops, located in popular tourist areas Son Tra and Hoi…
The Australian federal government is currently seeking public feedback on the possibility of enacting laws to regulate the marketing of infant formula in the country. This consultation process is open for submissions until the 10th of April. The Background…
Since July 2025, Malaysia’s Road Transport Department has confiscated over 1,050 high-end vehicles, including brands such as Rolls-Royce, Lamborghini, Mercedes-Benz, and BYD. The total value of these seized vehicles exceeds RM200 million (US$50.9 million).…
A significant crackdown operation in Vietnam resulted in the seizure of over 1,800 counterfeit luxury items, including fake Gucci glasses and Hermes watches. The operation targeted a store specializing in the sale of counterfeit branded merchandise. Vendor…
In a significant policy shift, Bangkok Bank, Thailand’s largest bank by assets, has halted account openings for certain foreign customers without long-term residency. This move is a part of a broader crackdown on fraud that could impact visitors and some…
China’s economy has been battered by the fallout from strict COVID-19 curbs including lockdowns and transport restrictions that have kept consumers home, pushed up unemployment, and tangled supply chains. Alibaba has also had to contend with a wide-ranging…
Cryptocurrency miners in China are shifting their operations to other markets abroad following Beijing’s latest crackdown. A committee from China’s State Council announced on Friday that it would crack down on crypto, specifically naming Bitcoin as a major…
More than a dozen major technology firms in China are set to face similar restrictions imposed on Jack Ma’s Ant Group as Beijing widens its fintech crackdown. 13 tech titans – including Tencent, ByteDance, JD.com, Meituan and Didi Chuxing – were summoned to a…
