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Standard Chartered attracted 7,000 millennials to open new accounts with its «JumpStart» offering which targets the youth segment with a focus on low fees and thresholds. The JumpStart savings account offering was soft-launched just two months ago and…
The majority of Singapore millennials are extremely passionate about social causes such as human rights, poverty and helping the elderly, and prefer to gain life experiences when they have the financial means, rather than physical possessions. These key…
People born in the year 2000 will turn 19 this year, entering university or finding jobs in a society struggling with slowing economic growth and a rapidly declining population. But as Korea adapts to a difficult economic environment, how will this new…
Convenience food is a concept that has been prevalent and popular in the western countries for a long time now. Globally, the demand for ready-to-eat (RTE) food products has been increasing over the last few years on account of busier lifestyle of consumers…
More and more Vietnamese entrepreneurs are banking confidently on the popularity of bubble tea among the nation’s youth.It was past 10 in the night, but the bubble tea shop was packed. “I opened this milk tea shop just a few months ago, but people have been…
Fitness wearables are no longer just a matter of wrist straps or pieces of practical jewelry. Such technology now works via our clothing. Smart garments are all set to supercharge the fashion industry in the years to come. We are fortunate to have been living…
An increasing number of young Vietnamese are taking the startup route, willing to take risks and wait for rewards. Pham Khanh Linh seemed to be all set on a rewarding career, finding a job at global financial firm Goldman Sachs after graduating from the…
Each Saigon resident spends $11.5 on average per month on convenient foods and drinks, a consumer research firm says. The product groups most often chosen by consumers are non-alcoholic drinks, nutritional beverages, confectionery and snacks like instant…
Millennials are driving growth in Indonesia’s e-commerce industry as they buy a wide range of items, from clothes and gadgets to phone credit and electricity tokens, from online outlets with increasing frequency, according to a recent report from market…
Samsung Electronics has chosen India as the first country in which to release its Galaxy A9 mid-range smartphone. The company is set to begin sales of the model on Nov. 28. The A9, introduced on Oct. 11 in Kuala Lumpur, in the presence of some 1,000…
Just before the Fair Trade Commission comes to a decision on whether Apple has violated domestic fair trade laws, Korean phone distributors are calling the tech giant out for being the only phone manufacturer in the country that makes them pay for display…
Meitu and Xiaomi have formed a strategic partnership to jointly launch Meitu-branded phones and other smart devices. The partnership between Meitu – best known for its selfie app – and Xiaomi, a fast-growing technology company with smartphones at its core –…
Local banks have invested an additional 345 billion won ($303.8 million) into start-up support. Based on past results, the latest funding could yield 11,000 jobs, D.Camp said on Wednesday. In 2012, 18 local banks teamed up to create and invest 500 billion won…
Park Jong-hwan is a Korean start-up success story. Twenty years ago, he was living in a basement room with a friend. In 2015, he became a legendary figure after selling his Kim Gisa navigation service to Kakao for 62.6 billion won ($56.0 million). The co-CEO…
Attracting Millennials has been key for retailers, but the consumer population, characterized by rapidly shifting expectations in light of digital transformation, has remained elusive to many traditional retailers and buying categories, resulting in piles of…
Shoppers in their 20s in South Korea have become more prone to spending big on luxury items and services, emerging as a new consumption trend, according to industry data. Mobile commerce company Tmon says the sales pattern over the past three months showed…
