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Three new shopping malls to open in Jakarta in 2023
Three new shopping malls to open in Jakarta in 2023
Knight Frank said six more malls will open by 2025.
Bvlgari wants to tap into China’s male fragrances market
The market is projected to surge at a 10% compound annual growth rate between 2023 and 2027.
Around 1 in 2 Singaporeans intend to buy audio, video technology
Malaysia has the largest market share of content creators in the region.
Philippines’ San Miguel Foods net income up 21% YoY in 2022
Its revenue rose 16% YoY to around $3.2b.
Logitech Singapore, Watsons partner to bring greater access to tech accessories
Logitech is the first global tech brand to partner with Watsons.
Reliance Consumer relaunches Campa in bid to rival Coca-Cola, PepsiCo
Coca-Cola and PepsiCo currently dominate the Indian carbonates market.
Philippine-based Max’s Group’s organic income growth climbs nearly 40%
The restaurant chain reported its 2022 organic net income growth stood at P622m (US$11.3m).
Central Retail’s Tops launches over 200 Coles items in Thailand
This is the brand’s first presence in the market.
adidas’ Greater China market posts revenue decline
Its revenue from the market dropped by 36% in 2022.
Prada sees 2% sales decline in APAC in 2022
Retail sales stood at €1.23m (US$1.30b).
JFC posts 26.4% net income growth in 2022
The Philippine-based food chain also recorded a sales growth of 40.2%.
Baby food sales in Taiwan to grow despite birth rate decline
GlobalData projected it to expand between 3-4% annually.
LEGO Group expands manufacturing in Vietnam
It will also open a factory in the US state of Virginia.
Australian retailer Coles eyes Thailand’s health food and drinks market
Coles recently signed an agreement with Central Food Retail.
Colgate taps foodpanda to expand customer reach
The three-year partnership spans 11 APAC markets.
Giordano attributable net profit up 41.1% YoY in 2022
Its revenue rose 12.4% YoY to $481.1m
Seven & i to close 14 Ito-Yokado stores
It aims to focus its core strategy on food.
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