13 stories in this topic
Metro, a well-known retailer based in Singapore, has announced plans to shutter its department stores located at Paragon on Orchard Road and Causeway Point. This decision comes in line with the company’s strategic pivot away from traditional large-format…
A significant fire broke out at Coupang’s No. 32 logistics center located in Incheon, west of Seoul, prompting an evacuation of surrounding businesses and factories due to structural collapse concerns. The fire, which originated on the building’s sixth floor…
Starbucks has announced ambitious plans to open up to 100 outlets annually in India, marking an accelerated expansion in one of the company’s most rapidly growing global markets. Sushant Dash, CEO of Tata Starbucks, emphasized the potential for significant…
OCBC, Singapore’s second-largest bank, is amplifying its efforts to harness the expanding economic ties between Greater China and Southeast Asia. This new endeavor sees the bank forming a strategic partnership with two prominent business chambers, the…
The U.S. dollar experienced a surge against the Vietnamese dong on Thursday morning, while oscillating around its apex value against significant international currencies this year. Vietcombank, a prominent banking institution, reported a minor increase of…
E-commerce behemoth, Coupang, endured a significant blow following a data breach in South Korea, leading to a loss in its fourth quarter. The company’s profits plummeted and its revenue failed to meet analyst predictions, reflecting the extensive impact of…
YouTube TV is making efforts to regain former subscribers by offering a substantial discount. Individuals who have recently ended their subscription may be eligible for savings of up to $60. New Attraction for Previous Subscribers In a bid to reconnect with…
Le Saunda, a prominent footwear retailer in Hong Kong, recently revealed disappointing financial results for the first half of the fiscal year. The company’s performance reflects a troubling trend, marked by widespread losses across its operations.…
In a targeted action against one of Myanmar’s most infamous cyber fraud hubs, the country’s ruling military junta reportedly confiscated several Starlink satellite internet devices. This operation follows an investigation, which exposed the significant…
Japanese retail giant Muji is stepping up its global expansion efforts with key flagship store launches in Southeast Asia and Europe. This move is part of the company’s wider plan for international growth. Major Store Openings in Southeast Asia Muji, under…
Apple’s CEO, Tim Cook, has expressed serious concerns about the potential implications of a Chinese invasion of Taiwan on the company’s supply chain, particularly for the electronic chips vital to Apple’s devices. This fear has been sparked by recent…
Arla Foods, a leading global dairy company, has introduced its Protein Pudding range to the Australian market. The range, which includes two flavours – Chocolate and Salted Caramel, is being distributed by a number of local retailers such as Coles, Harris…
Oat Milk Goodness (OMG), a renowned Australian plant-based beverage firm, recently announced its plan to extend the reach of its popular 1L Barista Oat Milk to 900 Woolworths outlets across the nation by November. This is a significant increase from the 544…