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In April, Singapore’s retail sales growth accelerated, with most sectors, especially petrol service stations, experiencing significant advancements. The Department of Statistics reported a 4.5% rise in retail sales, excluding motor vehicles, parts, and…
The Cambodian Government has revised its economic growth expectation for 2026, dropping it from an earlier prediction of 5% to a more conservative 4.2%. Prime Minister Hun Manet, in the recently published medium-term fiscal framework for 2027-2029, cited a…
Sea Limited, a Singapore-based tech conglomerate, has reported substantial growth in both sales and profit for the fiscal quarter ending March 31. This surge in growth has been attributed to the ongoing success of its e-commerce arm, Shopee. Impressive…
Hong Kong’s robust economic performance earlier this year has culminated in an improved financial forecast from HSBC, despite minimal influence from the Middle East conflict. Bright Economic Outlook and Impacts of Conflict HSBC’s Global Investment Research…
Amazon has announced that it will abolish the referral fee for sellers in India on items priced under 1000 rupees (approximately US$10.98). This decision aims to encourage more retailers to use their platform and gain a stronger hold on India’s competitive…
Singapore and the United Kingdom’s financial regulators have initiated a novel partnership that focuses on artificial intelligence (AI). The aim of this collaboration is to enhance cross-border opportunities between the two markets. The Monetary Authority of…
Pandora, recognized as the world’s leading jewelry brand in terms of sales volume, has announced its plan to establish a fresh regional headquarters in Singapore. The move forms part of a broader growth strategy designed to strengthen the company’s footprint…
United Overseas Bank (UOB) of Singapore has revised its predicted GDP growth rate for Vietnam upward, from 7.5% to 7.7%. This adjustment comes in response to Vietnam’s stronger-than-anticipated economic performance in the third quarter. Impressive Economic…
In September, retail sales in Singapore continued their upward trajectory, albeit at a slower pace than in August. Overview of Retail Sales Singapore’s retail sales, excluding motor vehicles, witnessed a 2% growth in September. This figure is slightly lower…
The Prada Group has demonstrated sustained growth for the 19th straight quarter, even in the face of a complex global retail landscape. The financial results for the nine months leading up to September 30 reveal a promising overview. Financial Overview During…
In the second quarter ending September 30, Luk Fook Holdings, a prominent jewelry group, has revealed impressive double-digit growth in several critical indicators. Retail Sales Value on the Rise The group recorded an 18% year-on-year increase in Retail Sales…
In the third quarter, Coca-Cola revealed a 5% increase in net revenue, rising to $19.2 billion. Their organic revenue also observed a 6% increase during this period. Challenging Market Conditions James Quincey, the Chairman and CEO of Coca-Cola, acknowledged…
Cafe Amazon, a coffee chain operated by PTT Oil and Retail Business (OR), is accelerating its global expansion plans. Notably absent from its target locations, however, is Vietnam. This strategic decision follows the withdrawal of a Thai investor from Cafe…
Federal Express Corporation, a world-leading express transportation company, is enhancing its support for businesses throughout the Asia Pacific. This move is in response to adapt to shifting market priorities, alterations in tariffs, and changes in customs…
At the FlyPharma Amsterdam 2025 conference, leaders from the worldwide pharmaceutical industry gathered to highlight the importance of collaboration for the steady global transportation of essential healthcare items and life-saving medicines. The conference…
Liege Airport (LGG) has been experiencing an upward trajectory in terms of both aircraft movements and cargo volumes during the third quarter. A robust 23% growth in tonnage was recorded for the months of July, August, and September in 2025 as compared to the…
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