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Global spirits manufacturer, Suntory, has introduced a new flavour to its product range – Minus 196 Lemon & Passionfruit. This debut marks a first for the brand in the local market, as it is the first time they have combined two fruit flavours in a single…
DBS, a Singaporean financial institution, is expanding its operations in mainland China by acquiring a bond underwriting license. With this license, the bank’s China division is now permitted to function as a principal underwriter for non-financial corporate…
In a bid to strengthen its foothold in India’s highly competitive e-commerce sector, Amazon recently announced that it will cease to charge sellers referral fees for products priced under 1,000 rupees, or US$10.98. This decision, revealed by the company on…
Doritos, a widely recognized brand, has recently ventured into the protein snack sector in the U.S., launching a high-protein tortilla-style chip. The company’s foray into the functional snack market is part of a broader initiative, with other subsidiaries of…
The family-owned Australian brand, Honey Australia, has recently extended its reach into the Gulf Cooperation Council (GCC) through an exclusive collaboration with the Lulu Group. Honey Australia’s premium products are now widely available across Lulu…
Citi, the American multinational investment bank, is set to enhance its service to Korean corporate clientele with the inauguration of a new desk in Chicago. Expanding Coverage of Korean Corporates The newly launched Korea desk in Chicago is part of Citi’s…
AS Watson, a Hong Kong-based health and beauty retailer, is potentially planning a move into the Australian market. The company is believed to be considering an acquisition of over 90 pharmacies in Australia. Expansion into Australia The company’s interest is…
Jollibee Foods Corporation (JFC), a dominant player in the food service industry, is poised to strengthen its position in Asia through the acquisition of a South Korean hot pot buffet brand, Shabu All Day, and the anticipated introduction of a rapidly-growing…
In a rapidly shifting luxury retail landscape, renowned players such as Kering and LVMH are finding it increasingly challenging to retain the interest of elite and aspirational customers alike. However, amid this tumultuous environment, luxury goods company…
U.S. entertainment giant, Playboy, is set to sell half of its Chinese operations to UTG Brands Management Group, a local operator of consumer brands. The deal, worth $122 million, will see UTG take responsibility for managing all operational aspects of…
Italian luxury hatmaker Borsalino is gearing up for a significant foray into the Chinese market. This move will be facilitated through a partnership with Shanghai’s Essence Group. A Five-Year Plan for Expansion A comprehensive five-year plan for development…
In January, member companies of the Vietnam Automobile Manufacturers’ Association (VAMA) experienced a substantial increase in sales, with 36,875 vehicles sold. This represents a 95% growth from the same time the previous year. Breakdown of Sales The majority…
The US dollar experienced a minor decrease against the Vietnamese dong in the informal market this past Saturday. The devaluation, at a modest 0.08%, saw the dollar trading at VND 26,250 at unauthorized exchange locations. Vietcombank, a significant player in…
Italian luxury fashion house, Moncler, has announced the opening of its first independently operated store in Thailand. The store is situated in IconSiam, one of Bangkok’s largest multifunctional retail complexes. Expanding Footprint in Asia Pacific The…
On Friday, gold prices in Vietnam experienced a dip while global bullion prices noted a hike. The price of a gold bar from the Saigon Jewelry Company witnessed a decrease of 1.01%, bringing its value down to VND175.4 million (US$6,757.33) per tael. Each tael…
Red Bull, the globally recognized energy drink brand, is broadening its Australian beverage range with the introduction of two novel flavors. The new flavours, dubbed Lilac Edition and Winter Edition, are set to hit the market this month. The Lilac Edition…
