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CIMB Group, Malaysia’s second-largest bank in terms of assets, has announced its intention to expand its private wealth business to Singapore and Thailand by the end of the year. This move is part of a larger plan to double the bank’s wealth assets under…
Bangkok is emerging as Southeast Asia’s most dynamic hub for ultra-high-net-worth (UHNW) individuals, illustrating Thailand’s increasing allure for global wealth despite ongoing economic and geopolitical instability. The UHNW populace in Thailand’s capital is…
Japanese brewing company Sapporo is set to enter into a strategic partnership with Danish brewer Carlsberg, which entails a $643 million investment for a 25% stake in a Singapore-based joint venture. This venture, which will span across Southeast Asia and…
The e-commerce sector in Southeast Asia is witnessing significant growth, with its Gross Merchandise Value (GMV) projected to reach around US$350 billion by 2030 and escalate to US$630 billion by 2035. For businesses aiming to tap into this growth, achieving…
Emirates SkyCargo, the air cargo carrier, has unveiled a strategic expansion plan for its freight services throughout East and Southeast Asia. The move is aimed at enhancing the cargo flight frequencies and destinations to meet the increasing demand.…
Tiffany & Co, the prestigious luxury jeweller, announced their plans to launch their first-ever Blue Box Cafe in Southeast Asia. Set to make its debut in Singapore’s flagship store next month, this move is meant to elevate the brand’s presence within the…
Harlan + Holden, a lifestyle and coffee brand, is reportedly close to finalizing a funding round estimated to be around US$12 million. This capital injection is intended to propel the brand’s expansion strategy across Southeast Asia. Harlan + Holden: From…
Renowned Italian jewelers Buccellati have recently expanded their presence in the Asia-Pacific region with the inauguration of their largest store in Thailand. The store, situated on the M Floor of Siam Paragon in Bangkok, signifies the brand’s debut in the…
Mastercard has launched a new campaign aimed at making travel across Southeast Asia more seamless and rewarding for consumers. The initiative, named “Phone. Passport. Mastercard”, primarily focuses on improving the payment experience for travelers journeying…
Malaysia’s well-known coffee chain, Zus Coffee, has made its debut in Indonesia, marking its first venture into Jakarta. The launch marks yet another step in the company’s ambitious strategy to expand across Southeast Asia. The opening of the new store in…
Singapore has taken over from Indonesia as the leading stock market in Southeast Asia. This shift has come as Indonesia’s market capitalization has dropped dramatically due to an uncertain future outlook. From its peak in January, the total market…
Thai shoppers can now enjoy the elegant and sculptural designs of Alaia, as the brand has expanded its Southeast Asian presence by opening its inaugural boutique in Bangkok. The luxury retail venue, Central Embassy, is host to the new store. The boutique…
Swedish fashion conglomerate, H&M, has recently undertaken a restructuring exercise which has led to job cuts in Singapore. This move comes as the retailer transfers its Southeast Asian hub from Singapore to Kuala Lumpur in Malaysia. The restructuring…
Overseas-Chinese Banking Corporation (OCBC) and the Australian High Commission in Singapore have recently launched a five-year strategic alliance aimed at fortifying trade and investment flow between Australia and Southeast Asia. The partnership is designed…
BHC Chicken, a renowned fried chicken brand originating from South Korea, is setting its sights on broadening its reach within Southeast Asia, with plans to launch in Vietnam. This move is part of an ongoing expansion strategy that is rapidly growing the…
China’s leading convenience store chain, Meiyijia, is propelling its expansion into Southeast Asia with the launch of its first stores in Vietnam under a fresh international brand, Ohmee. Marking the company’s maiden retail venture beyond China, three stores…
