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Coca-Cola Co on Wednesday agreed to sponsor a protected reserve in the Amazon rainforest, joining beer maker Heineken and a growing list of global corporations signing up to the Brazilian government’s “Adopt a Park” program. Environmentalists say that the…
Singapore-based Koufu Group is taking R&B Tea to the Philippines with Shakey’s Pizza. Under the franchise agreement, Shakey’s will sell selected R&B Tea drinks in Shakey’s and Peri Peri stores in the first year of business, and subsequently open at least five…
Thailand’s Pace Corporation has finally filed for the bankruptcy of its Dean & Deluca US business after all of its North American stores were shuttered last year. According to documents submitted with the filing, Dean & Deluca US has liabilities as high as…
DC Super Heroes Cafe in Manila permanently closed on Thursday, announcing the move on Facebook. In the post, management thanked customers of the SM Megamall store who had been fans of the superheroes-themed cafe since it opened in 2018. “To say that it was…
Le Hoang Diep Thao has transferred all shares in the Trung Nguyen empire she ran with her ex-husband, pursuant to their final divorce ruling. Thao, former deputy director of Trung Nguyen Group (TNG), is no longer on the company’s list of shareholders, TNG…
Coca-Cola Vietnam has been ordered to pay VND821.4 billion ($35.4 million) in back taxes and penalties stretching back over nine years. Dang Ngoc Minh, deputy head of the General Department of Taxation, said 57.3 percent of the amount is the back tax, 35.2…
Bacardi Global Travel Retail has launched a glittering Aberfeldy pop-up store in partnership with Ever Rich Duty-Free at Taiwan’s Taoyuan International Airport. The pop-up store will run until the end of February, during what is the region’s peak holiday…
Frozen-themed cafes are popping up in Japan, marking the release of the Disney animated film Frozen 2. A Frozen-themed cafe has opened as a time-limited pop-up at Oh My Cafe at Tokyu Plaza in Harajuku. The themed pop-up will remain open until January 13. A…
Dutch brewer Heineken sold over 5 million Sabeco shares Friday, bringing its stake in Vietnam’s biggest brewer Sabeco down to 4.32 percent. The shares, equivalent to an approximate 0.81 percent stake, were sold to buyers whose identities have not been…
The number of coffee shops in South Korea continues to grow. More than 71,000 coffee shops are now operating nationwide, with 14,000 openingsz last year alone. According to a report by KB Financial Group Management Research Institute, the increase in the…
Vietnam’s biggest brewer Sabeco reaped VND90 billion ($3.87 million) in revenue a day in January-September, a double-digit rise. In its latest financial report, the Saigon Beer Alcohol Beverage Corp reported revenues of over VND28.3 trillion ($1.22 billion)…
Capsule coffee brand Nespresso is inviting business partners to join an exclusive farm-to-table culinary experience designed by Chef Vicky Cheng, owner and executive chef of Michelin-starred Vea Restaurant and Lounge in Hong Kong. To further encourage the…
Chinese tea chain Heytea will open a new store at Westgate, Singapore on Saturday. The minimalist store design is inspired by the traditional Chinese handscroll and attempts a “Zen” vibe intended to provide customers with an immersive store experience to…
Changi Airport Group and DFS Group have launched the first luxury-focused Singapore online liquor store. Called iShopChangiWines.com, the store will offer duty- and GST-absorbed premium-priced wines, Champagnes, and sakes. Consumers can now purchase up to 30…
Hong Kong-based entities of Pernod Ricard – Pernod Ricard Asia HQ, Pernod Ricard Hong Kong and Macau and Pernod Ricard Travel Retail Asia – will be helping to tackle the growing problem of throw-away fashion and glass by partnering over 200 of its employees…
Fine beverages retailer Whittard of Chelsea has partnered with Ruentex Group to launch its first stores in Taiwan. The new venues, located in Breeze Nanshan department store and Mitsui Mall in Taichung, are early steps in the firm’s emerging international…
