In partnership with the Japanese conglomerate Marubeni Corporation, Tim Hortons is gearing up to launch in Singapore. Marubeni Growth Capital Asia Pte. Ltd, Marubeni’s wholly-owned subsidiary based in Singapore, will bring the Canadian coffee chain to the...
According to a survey of over 2,000 Indonesians by The Trade Desk and YouGov, 88% of Indonesians plan to make a purchase during Ramadan. Female millennial online shoppers are expected to spend more than the general population. Indonesians are embracing digital in...
Asia’s largest real estate investment trust, Link Reit has made a foray into Singapore through its planned acquisition of two Singapore retail developments, Jurong Point and Swing By, from Mercatus Co-operative. The deal, worth USD 1.6 billion, is expected to be...
Berli Jucker Public Company Limited (BJC), the Thai conglomerate and owner of Big C Supercenter, has launched a POS system to help Thai traditional stores (or so-called “Sho Huay Shops). The goal is to equip the stores with a modern management system with information...
SEA Limited (SEA Ltd), a Singapore-based e-commerce giant and the parent company of Shopee, the largest pan-regional e-commerce platform in Southeast Asia and Taiwan, has committed to expanding its investments in Malaysia. SEA Ltd plans to develop a cloud computing...
After ten years in Vietnam, Starbucks expects to open its 100th location there in the second quarter of 2023 and continue to expand in the foreseeable future. The US chain presently operates 87 locations across seven cities in Vietnam, 50 of which are in Ho Chi Minh...
The Bistro Group, a company that manages different international dining concepts, announced expansion plans for the first quarter of the year. In a statement, Bistro Group revealed its plan to open more branches of its existing dining concepts and introduce new...
Demand for pet food in the Philippines is on the rise, according to the US Department of Agriculture (USDA). The FAS in Manila projected that the pet food industry in the Philippines will reach USD 434 million in 2023. The report also indicates that the dry dog food...
Unilever, one of the largest retails/FMCG companies in the world, recently announced that it will expand its personal care factory in the Philippines. The project will cost PHP 4.8 billion (USD 88 million), making the plant Unilever´s largest factory globally. Back in...
IFC, a member of the World Bank Group, is considering an investment of USD 20 million in GS25, a convenience store chain in Vietnam. IFC visited five stores and a warehouse in Thu Duc City, Ho Chi Minh City in February and March 2022 to evaluate the proposed plan. The...
Australia-based retail chain Harvey Norman is mobilizing its expansion plans for the Malaysian market in 2023 to improve its accessibility to cover a larger segment of customers nationwide. It plans to establish a new 47,300 sq ft store in Johor Baru. On opening a...
Thailand’s Big C Supercenter recently announced plans to overhaul the image of its stores while strengthening its digital ecosystem to increase sales opportunities and enhance its offerings to meet customers’ changing lifestyles. The company’s...
