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Coles has announced a 3.6% increase in group sales, reaching $44.3 billion, with an EBITDA rise of 11% to $3.9 billion for the current fiscal year. The group’s net profit after tax also increased, up by 2.4%, yielding a total of $1.07 billion. Driving Growth…
Grab Holdings, a Singapore-based tech company, surpassed Wall Street’s revenue expectations in Q2, with a surge in consumption across its ride-hailing and food delivery services, seemingly unaffected by global economic uncertainties. Superapp Drive Pays Off…
Hermes, the esteemed French luxury brand, has demonstrated impressive sales growth in the first half of the current year. This surge in revenue was experienced across all regions as affluent customers continued their patronage of the brand’s distinguished…
Remy Cointreau, the renowned French spirits manufacturer, has generated its initial quarter of sales growth since the start of 2023, and has accordingly updated its annual profit forecast. This encouraging development is attributed to the easing of tariff…
The Philippine thrift banking sector revealed strong performance indicators as it reported total assets reaching $19.5 billion (PHP1.1 trillion) by the end of 2024, marking a 6% increase from the previous year. The data, released by the Chamber of Thrift…
Digital banks in Singapore are striding confidently into the future by expanding their portfolios with higher-margin products like investments and loans, but two years after their debut, they still face significant challenges. A recent report from…
GrabCab, a new player in Singapore’s taxi market, is gearing up to launch next month, becoming the sixth taxi operator in the bustling city-state with an initial fleet of 40 electric hybrid vehicles. The move comes from Grab’s subsidiary, GrabRentals, which…
The exciting landscape of ride-hailing in Vietnam just got a little more dynamic. Lalamove, a Hong Kong-based logistics company, recently launched its ride-hailing services in Ho Chi Minh City, which are available for both motorbike and car rides (four- and…
South Korea’s Retail Sector Sees 9.2% Growth Amid Rising Online Sales In a marked turnaround, South Korea’s retail industry experienced a remarkable 9.2% year-on-year growth in March 2025, driven by a surge in online shopping. While brick-and-mortar stores…
The fintech company strengthens its management team with seasoned executives from the insurance and financial services industries. In a significant move signaling its commitment to growth, vertX IQ, a rising technology provider for pension funds, has…
