News

APAC brands reinvests highest percentage of revenue in media spend

Around 4.6% of the brand revenue of APAC brands was spent on advertising.

Malaysia to record ‘healthy’ spending growth in 2022: Fitch

It posted a three-year high 29.9% growth in retail sales in May.

FMCG Asia Awards 2022 opens doors for nominations

Entry submission will close on 07 October 2022.

First Nike Style concept store opens in South Korea

It is located in Hongdae in the capital Seoul.

Philippines’ Emperador lists on SGX main board

It aims to generate 50% of its sales from outside the Philippines by 2025.

Around 9 in 10 SG SMEs export to over 10 int’l markets

The average number of international destination markets in Singapore is 35.

Amazon launches Japan products on Singapore platform

These feature popular brands such as Pokemon, Nintendo, and Bandai.

JD Worldwide launches physical experience center in Xi’an

The centre showcases various products such as food, liquor, and supplements.

Central Retail, GULF partner for solar power production

They invested $2.5m to establish Greengen Energy.

Central Retail eyes investing over $862.2m in Vietnam in the next 5 years

It plans to be to number one omnichannel platform in Vietnam.

Philippine-based liquor firm to join SGX main board on 14 July

It will be the first Philippine-listed company to hold a secondary listing on SGX.

Costco completes purchase in 45% stake in Taiwan business

The company operates 14 warehouses in Taiwan.

Alibaba’s RT mart launches bottle recycling initiative in China

Empty plastic bottles will be transformed into table tennis tables.