McDonald’s has recorded another quarter of increasing sales, largely credited to the firm’s emphasis on providing value. This success has been observed across all markets. Global and Domestic Sales Growth Global sales, comparable to the previous year, rose by…
Vietnam has the second-lowest operating costs among nine countries in Asia and is assessed to have high logistics development potential, a report says. The monthly minimum operating cost for a manufacturing company in Vietnam is $79,280, compared to leader…
Centara Hotels & Resorts, Thailand’s leading hotel operator, is focusing on three key sustainability initiatives as part of the company’s recently announced 2019 Sustainability Plan: eliminating single-use plastic products; reducing its food waste footprint;…
Korea’s air purifier market has tripled since 2016 thanks to worsening fine-dust pollution levels and growing health concerns. Last year, Koreans bought 1.8 million air purifiers worth around 760 billion won ($676 million), according to market researcher GfK.…
Starbucks Korea and 7-Eleven Thailand have announced positive results for their respective anti-plastic campaigns. A report revealed that the local Starbucks subsidiary has seen consumption of single-use straws cut by half in the months since introducing…
A Seoul court fined BMW Korea 14.5 billion won ($12.9 million) for manipulating documents on emissions to sell some 29,000 vehicles in Korea. The Seoul Central District Court announced Thursday that the local unit of BMW is guilty of violating customs law.…
Hyundai Motor will recall about 79,000 diesel-powered vehicles to fix faulty emission-related components, the Environment Ministry said Tuesday.Korea’s biggest carmaker by sales is expected to recall 78,721 vehicles encompassing three different models due to…
South Korea is to ban big-time supermarkets and retailers nationwide from selling single-use plastic bags in an attempt to conserve natural resources and reduce recyclable waste. The ban will come into effect on Tuesday as part of a revised law on conserving…
Large supermarkets are banned from giving or selling plastic shopping bags to customers. The Ministry of Environment announced Monday that it will completely prohibit grocery franchises and supermarkets over 165 square meters (1,776 square feet) from selling…
Starbucks Korea is stocking all 1,225 of its stores nationwide with paper straws in a bid to cut down on its plastic usage. Starting last Monday, Starbucks began stocking all of its stores with white paper straws, which it found during trials to be more…
The government is considering reducing its levy on palm oil exports, Coordinating Economic Affairs Minister Darmin Nasution said on Thursday, as the country pushes to maintain its position in international markets for the commodity. Speaking at an industry…
It’s not easy to convey the scale of the two initiatives Apple announced today to reduce its carbon footprint in China—Building 200 megawatts of solar projects in the provinces on its own and partnering with its Asian suppliers to install another 2 gigawatts…
Known for her commitment to sustainability and her engagement for environmental causes, actress Olivia Wilde, will be the face of H&M’s Conscious Exclusive campaign, set to be unveiled in around 200 H&M stores worldwide and online on 16 April. “Sustainability…