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Jollibee Foods Corp, a major player in the foodservice industry, has announced its intention to separate its international operations from its existing company structure. This significant move involves setting up a new, independent entity, which will be…
Malaysia is taking proactive measures to reclaim its portion of China’s palm oil market, following a precipitous drop of almost 39% in export volumes year-on-year in the first ten months of 2025. Factors Influencing the Decline According to Malaysia’s…
In the first half of the fiscal year, Metcash released a diverse range of results as the firm navigated a challenging trading period. The group’s revenue for the six months concluding on October 31 saw a slight increase of 0.1%, amounting to $8.5 billion.…
DHL Supply Chain, the world’s leading contract logistics provider, has announced an investment of approximately €130 million (560 million SAR) towards the establishment of a regional logistics and distribution hub in Riyadh, located in Saudi Arabia’s Special…
The Singtel Group has reported a 14% increase in underlying net profit, reaching SGD 1.35 billion in the first half of the year. This growth has been mainly driven by regional associates Airtel and AIS, as well as operating companies NCS and Optus. Profit…
Cosmetics giant Estée Lauder has recently invested in a minority share of the Mexican perfume label Xinú. This move represents Estée Lauder’s first venture into the Latin American market. The investment strategy was executed through New Incubation Ventures…
Pandora, recognized as the world’s leading jewelry brand in terms of sales volume, has announced its plan to establish a fresh regional headquarters in Singapore. The move forms part of a broader growth strategy designed to strengthen the company’s footprint…
Singapore Telecommunications Limited (Singtel) has divested approximately 0.8% of their direct investment in their regional associate, Airtel. The sale generated SGD 1.5 billion, marking an important step in Singtel’s ongoing plan to streamline operations via…
DHL Express has confidently set its sights on growth amidst a rapidly changing global trade environment. The company is guided by its recently launched Strategy 2030, marking a full year of an ambitious plan. CEO for Asia Pacific, Ken Lee, explains that the…
Urban Revivo, a leading fashion brand from Asia often dubbed as “the Zara of Asia,” has recently launched its flagship store in the UK, on Neal Street in Covent Garden. The 515 square meter store is nestled among unique boutique stores and established…
Fore Coffee, the Indonesian F&B retailer, is set to diversify into the donut market, inaugurating their inaugural Fore Donut outlet at Supermal Karawaci, Tangerang. Capitalising on Premium Baked Goods Market The strategic move into donuts is a bid to leverage…
Indonesia’s popular food and drink retailer, Fore Coffee, is making its mark in the donut industry by inaugurating its inaugural Fore Donut store in Supermal Karawaci, Tangerang. This strategic growth initiative enables Fore to take advantage of Indonesia’s…
Hive & Wellness Australia Begins Business Review Hive & Wellness Australia, the firm behind the Capilano Honey brand, has initiated a comprehensive evaluation of its operations. The company has engaged the services of Rothschild & Co to assist in this…
Grab is stepping into the spotlight with plans to acquire GoTo, Indonesia’s dynamic tech giant, in a deal tantalizingly pegged around $7 billion. According to sources, the Singaporean-based company has enlisted advisors to navigate the intricacies of this…
