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Ho Chi Minh City (HCMC) has reached a significant milestone, achieving its highest ranking in the Global Financial Centers Index (GFCI) since its inception in 2022. This notable rise, documented in the latest GFCI report released last week, sees HCMC score…
Deputy Prime Minister Nguyen Hoa Binh shared an ambitious vision at a recent meeting with consultants, presenting it to the National Assembly during its ongoing session. Richard McClellan, the global ambassador of property developer Terne Holdings, voiced his…
Neobank Revolut is strategically placing its Western European headquarters in the heart of Paris while simultaneously applying for a French banking license. In an exciting development for the European banking scene, UK-based neobank Revolut is broadening its…
Netflix would like to help you stick to your fitness-related new year’s resolutions this year. Starting December 30, 30 hours of video content will become available on the platform, through a partnership with NIke. Reality check: in recent years, the number…
India, Vietnam and Brazil could account for as much as 30% of Apple supplier’s Foxconn production in upcoming years as Apple seeks to diversify its supply chain out of China. Key electronics manufacturers are moving faster to diversify their capacity…
With the expansion of the ‘quick commerce market’, which offers guaranteed delivery within an hour, South Korean firms are employing gas stations as warehouses and logistics hubs. It has become a new alignment of interest between the quick commerce industry…
Large pharmaceutical enterprises in India have expressed their hope to establish a pharmaceutical industrial park in Vietnam, with an initial investment of about $500 million. The idea of setting up the pharmaceutical industrial park was launched during…
Doubts about Hong Kong’s ability to retain its status as a global hub have been spotlighted in the past weeks by multiple entities – including the local government – citing various issues ranging from politics to the pandemic. Doubts about staying are…
Glenn Martens may still be prepping his debut collection for Diesel, but he’s already leaving his mark on the brand. The Belgian designer, who was tapped as the Italian brand’s creative director last October, has imagined a new store concept for Diesel, an…
The GIH is launched under the Dell Technologies Digital Future – Made in Singapore initiative that aims to fast track the adoption of digital solutions and drive digital innovations developed in Singapore for partners and customers globally to be…
DHL Express plans to move into a new cargo building at Hartsfield-Jackson International and create a “gateway to the Southeast” as it expands its presence in the region. DHL Express, which serves the U.S. market with only international shipments, saw a nearly…
The Chinese technology conglomerate is pushing ahead with global expansion plans, despite recent app bans in India and the United States. Tencent is planning to open a new office in Singapore, which will be its regional hub for Southeast Asia, where it also…
Financial technology, alongside other developments, helped boost Hong Kong’s ranking as a tech innovation hub to tenth place worldwide in the latest KPMG survey. Hong Kong’s ranking improved from 12th place last year, according to the KPMG report which…
Beijing has directed state-owned banks and enterprises to help set up infrastructure in Macau to aid financial diversification, and to serve as a contingency plan if the situation in Hong Kong worsens. Two officials who helped develop the Shanghai stock…
Amazon has launched a new service in Australia that allows customers to collect their parcels from hundreds of locations in shopping centres and on high streets in a bid to improve its delivery offer before the biggest online shopping days of the year. First…
The firm is looking to replicate the European success of its Apex platform – which powers fintech unicorns including Revolut, Monzo and Starling Bank – in the region. Global Processing Services (GPS) has opened its new regional headquarters in Singapore,…
