CIMB Group, Malaysia’s second-largest bank in terms of assets, has announced its intention to expand its private wealth business to Singapore and Thailand by the end of the year. This move is part of a larger plan to double the bank’s wealth assets under…
Vicca Ng has been appointed as the Chief Operating Officer (COO) of Hextar Retail, a Malaysian retail conglomerate. Ng’s new role takes effect immediately and she will continue to supervise the group’s retail operations, in addition to serving as an executive…
Techcombank, Vietnam Technological and Commercial Joint Stock Bank, is strategizing to bridge global capital with Vietnam’s escalating investment needs. The bank is placing digital financial infrastructure at the forefront, seeing it as a pivotal factor for…
Hotel101 Global, a venture supported by Jollibee Foods founder Tony Tan Caktiong, is marking its expansion into Thailand with an investment of US$200 million. This investment is aimed at the development of three new hotels in Southeast Asia’s top tourist…
Gold prices in Vietnam experienced a downward trend on Wednesday, continuing a 0.3% dip from earlier in the trading day. The Saigon Jewelry Company suffered a 0.67% price drop of their gold bars from the morning, bringing the total loss for the day to 1.1%.…
Vietnam has made significant strides in its food export sector with its first shipment of ready-to-eat poultry eggs to Japan. The delivery was facilitated by Vinh Thanh Dat Food (VFood) on Thursday, following an extensive collaboration with a Japanese…
Malaysia’s well-known coffee chain, Zus Coffee, has made its debut in Indonesia, marking its first venture into Jakarta. The launch marks yet another step in the company’s ambitious strategy to expand across Southeast Asia. The opening of the new store in…
British streetwear brand, Palace, is set to inaugurate its first independent retail store in Mainland China, within the historic district of Zhangyuan in Shanghai. The store, which opens its doors to the public this Friday, draws inspiration from the…
Chinese fintech titan, Alipay, is ramping up its endeavors in AI-driven commerce with the introduction of an innovative AI payment infrastructure devised to bolster the burgeoning “agentic economy”. As per a press release issued on Monday, Alipay unveiled the…
In Singapore, three prominent online retailers, namely Boarding Gate, Origin Sleep, and Light In The Box, have been implicated in deceptive practices aimed at manipulating consumers’ purchasing behaviors. These retailers were found to be manipulating elements…
Misto Holdings, the South Korean fashion and golf corporation, has announced an impressive surge in their first-quarter earnings, owing to robust demand for K-fashion labels and golf equipment. The company reported a 4.2% year-over-year increase in revenue,…
Asia’s leading beauty brand, Amorepacific, has unveiled its rejuvenated flagship retail hub, Amore Yongsan. With a new approach focused on artificial intelligence-powered diagnostics, personalized cosmetic products, and a unique shopping experience, this…
Brands like Ranavat, Fable & Mane, and Squigs Beauty are making their mark in the United States beauty industry, thanks to the rising interest in Ayurvedic-inspired beauty products. Ayurveda, an ancient Indian medical system commonly referred to as the…
Disney, a company known for fiercely guarding its characters and intellectual property, has forged a new path by entering into a three-year licensing agreement with OpenAI. Through this groundbreaking deal, users of OpenAI’s Sora platform will be able to…
WeRide and Grab have recently been given the go-ahead by Singapore’s Land Transport Authority to initiate their full-scale Ai.R fleet testing in Punggol. This move is significant as Punggol will be the nation’s first residential area to potentially provide an…
Sunnies, a renowned lifestyle brand from the Philippines, has established its presence in Thailand, inaugurating its initial outlets in Bangkok. The company has also announced its intention to introduce two additional stores by the end of the current year.…