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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…
Beginning in October, Singapore will permit foreign central banks and sovereign entities to store their gold reserves within its borders. This move is aimed at reinforcing Singapore’s standing as a regional hub for gold trading and storage. The city-state’s…
Shinsegae Group’s chairman, Chung Yong-jin, is set to expand his role within the organization, assuming CEO positions at both E-mart and Shinsegae Property. This move by the South Korean retail heavyweight signals an aggressive push for growth in its primary…
Nespresso has recently announced that pop singer Dua Lipa will become its global brand ambassador in a bid to enhance its resonance with a younger, culturally engaged audience. As part of this collaboration, Dua Lipa is set to headline the Vertuo World…
Nike has recently made several key changes to its top-tier executives across various geographical territories. Cathy Spark has been promoted to the position of Vice President (VP) and General Manager (GM) of Greater China. Replacing Angela Dong, a seasoned…
Insurer Singlife’s comprehensive shared service center, PROPEL, has announced a change in leadership one year after its inception. Yirong Wee has assumed the role of chief executive officer (CEO), succeeding Steven Ong, who will spearhead a new business…
DBS Bank has become the first Singaporean financial institution to be appointed by the People’s Bank of China as an RMB clearing bank. This significant development bolsters Singapore’s role in offshore renminbi infrastructure and heightens DBS’ strategic…
The Asia Pacific region is becoming an increasingly significant catalyst in bolstering worldwide trade resilience, despite international commerce encountering numerous challenges due to policy fluctuations. This finding is part of a recent update to the DHL…
Singapore, during the maiden “Europe Conference 2025”, solidified its position as a reliable conduit connecting Europe and Asia, fostering sustainability, innovation, and enduring collaboration across the continents. The Singapore Business Federation (SBF)…
Sandeep Kataria, the Chief Executive Officer of Bata, has announced that he will be resigning from his role in September to seek fresh prospects. The departure will coincide with the appointment of Panos Mytaros as the corporation’s new Global CEO. Transition…
The Swiss bank appoints one of its investment bankers to a key sustainability role. Zurich-based UBS is naming Laurent Bouvier to front a new team of investment bankers focused on environmental, social, and governance responsibility, according to a memo seen…
Indonesia has an important role and can take advantage of tourism development in the maritime silk route of the 21st century in China, according to China National Tourism Administration (CNTA) Information Center Director Cai Jiacheng. “Indonesia has its own…
