Australian retailer Spotlight has announced its plans to expand its presence in Singapore and Malaysia. It just reopened its newly revamped store at Plaza Singapura, located along Singapore’s main shopping street, Orchard Road. The store occupies 2,543 sq m of...
Vietnamese retail giant Mobile World Group (MWG) has launched its first brick-and-mortar location in Indonesia under the name Era Blue Electronic. This joint investment is between MWG and local distributor PT Erafone Artha Retailindo, a subsidiary of Erajaya Group....
In October 2022, Singapore launched the updated industry transformation map (ITM) for the retail sector, one of 23 sectorial ITMs to be refreshed. The refreshed roadmap is expected to help arm the sector with what it needs to meet the accelerated changes brought about...
Large retailers are expanding their presence in Vietnam, which is expected to rank among the top 10 consumer markets in the world this decade. The Japanese clothing retailer Uniqlo has added three new locations in Hanoi, bringing the total number of its store to 15...
As the Philippine economy continues to recover from the COVID-19 pandemic, Filipino integrated property developer SM Prime Holdings is expanding its mall footprint, with the opening of SM City Tanza, its eight SM Supermall in Cavite on October 14, 2022. SM City Tanza...
Leading coffee chain brands like Starbucks Coffee, Coffee Bean & Tea Leaf, and Kenangan Coffee will be expanding in Malaysia by 2023 due to a flurry of investments from both domestic and foreign brands. Statista has predicted that the Malaysian coffee market will...
Valiram, a Malaysian retail business, has launched Indonesia’s first Salvatore Ferragamo store. The store, located in Plaza Indonesia, is part of Valiram’s expanding international network of stores under various licensed brands, including Victoria’s...
Thai retailers are evolving from big box stores with a wide variety of products and prices to next-generation stores catering to a modern lifestyle and capitalizing on technology to offer personalized products and services. In effect, both large and small retailers in...
In a bid to encourage blockchain-related innovation, the central bank of Singapore: Monetary Authority of Singapore (MAS) introduced stricter digital asset regulations. MAS’ Managing Director, Ravi Menon, said that despite several warnings to investors against digital...
Thailand’s largest beverage company, Thai Beverage (ThaiBev), has confirmed its commitment to spend THB 5-8 billion (USD 130-210 million) to expand its businesses in 2023, mainly targeting for the domestic market. Of the total investment budget, THB 1.1 billion...
The BHC Group, South Korea’s second-largest chicken franchise by sales, has announced the opening of its third store in Malaysia in November 2022 as part of its strategy to expand into Southeast Asia. The new restaurant is located in Kuala Lumpur and will be...
E-commerce enabler Etaily held its first media roundtable series in mid-September 2022, entitled “The Etail Insider”, where some industry players shared the latest trends and insights in the Philippines’ e-commerce sector. Etaily founder and CEO...
