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Luckin Coffee, the largest cafe chain in China, has bolstered its presence in Malaysia by establishing three new outlets in the city of Johor Bahru last July. The first two branches were launched at Sutera Mall and Austin Heights early in the month, followed…
Vietnamese coffee brand, Every Half, has recently raised a total of US$8 million in a Series A funding round. The considerable investment comes courtesy of existing investors Openspace Capital and DSG Consumer Partners. The new capital will be used to…
The surge in diesel prices, precipitated by conflict with Iran, could hasten the electrification of China’s heavy-duty truck fleet this year, according to market analysts and auto manufacturers. This shift could further expedite the decline in fuel…
On Running, a sportswear brand, has recently launched an automated factory in Busan, South Korea where robots are used to manufacture running shoes. The company expresses its intent to establish more such factories in the United States and Europe to…
In 2025, prominent positions in Asian investment banking fee generation were predominantly filled by Chinese corporations, spearheaded by a surge in offshore bond issues and a remarkable initial public offering (IPO) boom in Hong Kong. Leading Positions…
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.…
Malaysian state oil company Petroliam Nasional Bhd (Petronas) started trial runs at the crude distillation unit (CDU) for a joint-venture refinery with Saudi Aramco in Malaysia last week, two sources with knowledge of the matter said this week. The move marks…
Coordinating Minister for Maritime Affairs and Acting Minister of Energy and Mineral Resources Luhut Binsar Panjaitan has said the development of the Jakarta-Surabaya rapid train will use the existing track. “For the rapid train, we will use the existing…
