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Jollibee Foods Corporation (JFC) has recently undergone a rebranding effort, now going by Jollibee Group, with an eye on further global expansion. Rebranding for Global Growth Despite retaining its legal entity as JFC, the firm has announced that this…
Despite relatively stationary sales figures, Hong Kong’s DFI Retail Group has reported robust profit growth in the first half of the fiscal year. Sharing profits with shareholders saw an impressive rise of 39 per cent to US$105 million in the six months…
Popeyes, the renowned American fast food brand, has initiated its franchise program in the Philippines. This move comes in the wake of the country’s stellar performance, making it the leading global market for Popeyes in terms of transactions, as reported by…
The retail landscape in Asia is witnessing a striking transformation as digital shopping experiences increasingly complement traditional brick-and-mortar stores. Consumers are embracing a fusion of online convenience and in-store engagement, creating a unique…
Two projects were completed and another two were launched in Q1. Prime Residential Sector on the Rise Kuala Lumpur’s prime residential sector is gearing up for significant expansion, buoyed by a post-pandemic recovery, supportive government initiatives aimed…
In the latest financial report, telecommunications titan Singtel announced that its CEO, Yuen Kuan Moon, received a total compensation of SGD 8.2 million (approximately US$6.4 million) for the fiscal year ending March 31, 2025, marking a notable 16% increase…
Bitcoin Suisse Turns Profit and Eyes Global Markets Bitcoin Suisse is on the rebound, marking a significant turnaround in its financial fortunes and gearing up for international expansion. At its recent Annual General Meeting held in late June, the Zug-based…
Swiss Economy’s Growth Weighed Down by Global Concerns The Swiss economy’s growth appears to be buoyed more by immigration trends than by domestic productivity, according to Raiffeisen’s latest semi-annual economic forecast. The report highlights that…
Vietnamese consumers spent an estimated US$16 billion on online purchases via platforms such as Shopee, Lazada, and TikTok Shop in 2024, placing the country among the top three e-commerce markets in Southeast Asia. The recently unveiled Southeast Asia…
According to a recent report by Colliers, the Philippine hospitality sector is on the upswing, bolstered by significant infrastructure improvements and an influx of international visitors. In 2024, the country welcomed nearly 5.95 million tourists, a figure…
Malaysia’s digital banking landscape is shifting, as the nation’s new players in the sector are reassessing their approaches to deposit gathering amidst challenges in lending growth, which has turned out to be more costly and sluggish than initially…
Indonesia’s fixed communication services market is poised for steady growth over the next five years, with projections indicating a rise to USD 3.7 billion by 2029, up from USD 3 billion in 2024, according to recent analysis by GlobalData. This anticipated…
The global eyewear market is on a meteoric rise, poised to expand from $200.46 billion in 2024 to an astonishing $323.76 billion by 2030, according to The Research Insights. This impressive growth translates to a compound annual growth rate (CAGR) of 8.3%, a…
STEM Demand and Technological Integration Drive Global Toy Market Growth The global toy market is on a remarkable trajectory, with projections showing growth from $316.14 billion in 2024 to a whopping $445.97 billion by 2032. This surge represents a compound…
Indonesia’s fixed communication services market is poised for significant growth, projected to reach USD 3.7 billion by 2029, up from USD 3 billion in 2024, according to insights from GlobalData, a leading data and analytics firm. This upward trajectory is…
Indonesia’s biggest tech firm GoTo on Tuesday said it had slashed underlying losses in the second quarter to US$78.25 million, down from $280 billion a year earlier, helped by intense cost-cutting measures. GoTo, backed by Japan’s SoftBank Group and…
