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Business

Summarised business news across Asia

Business

Japan's Macnica Looking towards China & SEA

Nov 30, 2024

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2 min read

Japan's Macnica Looking towards China & SEA

Business

Xanh SM Goes After Grab

Nov 30, 2024

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2 min read

Xanh SM Goes After Grab

Vietnam's Vingroup is backing Xanh SM mission to dominate the ride-hailing scene.

Business

APAC Baby Food Market in Decline

Nov 24, 2024

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2 min read

APAC Baby Food Market in Decline

The baby food sector anticipates a 2% decline in retail value sales from 2024 to 2029 due to reduced fertility rates and mothers having children at older ages

Business

Functional Beverages Buzz Malaysians

Nov 24, 2024

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2 min read

Functional Beverages Buzz Malaysians

Consumers there are increasingly focused on wellness, seeking out drinks that offer added health benefits like vitamins and probiotics

Business

 India's Giant Adani Group in Trouble

Nov 24, 2024

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2 min read

India's Giant Adani Group in Trouble

This turmoil has hit the stock market hard, with Adani's share prices taking a nosedive

Business

$300 Billion ByteDance

Nov 19, 2024

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2 min read

$300 Billion ByteDance

ByteDance, the parent company of TikTok, is now valued at $300 billion.

Business

Amazon Launches Haul

Nov 15, 2024

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2 min read

Amazon Launches Haul

This new feature is Amazon's answer to Temu style shopping sites.

Business

Unstoppable e-Commerce Trend in APAC

Nov 15, 2024

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2 min read

Unstoppable e-Commerce Trend in APAC

Popular platforms like Douyin and WeChat in China or TikTok in Thailand are leading this trend

Business

SEA Limited's Comeback

Nov 15, 2024

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2 min read

SEA Limited's Comeback

The company's revenue for July to September 2024 beat expectations.

Business

Tencent Tears Through Expectations

Nov 14, 2024

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2 min read

Tencent Tears Through Expectations

The tech giant's net profit jumped by 47%, reaching $7.36 billion

Business

More Losses For KFC Indonesia

Nov 12, 2024

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1 min read

More Losses For KFC Indonesia

They’ve closed 47 outlets and laid off 2,274 employees

Business

Singapore Airlines Flies Forward into Competition

Nov 11, 2024

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2 min read

Singapore Airlines Flies Forward into Competition

Passenger demand remains solid, with the airline’s load factor at 86.4% from March to September.

Business

Jollibee Group Acquires Tim Ho Wan

Nov 9, 2024

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2 min read

Jollibee Group Acquires Tim Ho Wan

Jollibee continues its push into international markets, adding another Michelin-recognized brand to its portfolio

Business

Malaysia's FINAS Collabs With Neigbours

Nov 9, 2024

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2 min read

Malaysia's FINAS Collabs With Neigbours

At the Taiwan Creative Content Fest, FINAS, shared plans to launch a funding scheme

Business

Singapore Insurance Company Targets Concert Goers

Nov 8, 2024

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2 min read

Singapore Insurance Company Targets Concert Goers

The company hopes to boost demand for its hourly travel insurance plan

Business

Timeline: FashionValet's Inception to Recent Scandal

Nov 8, 2024

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3 min read

Timeline: FashionValet's Inception to Recent Scandal

A snapshot of FashionValet's beginnings, continuous losses, to financial scandal

Business

U Mobile Shocks Market Over 5G Win

Nov 5, 2024

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1 min read

U Mobile Shocks Market Over 5G Win

Many expected Maxis or CelcomDigi (CDB) to secure the bid due to their size and financial strength.

Business

Singaporeans Say No 4 Day Work Week

Nov 4, 2024

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2 min read

Singaporeans Say No 4 Day Work Week

Singapore National Employers Federation found that only 5% of the 330 employers polled are open to the idea

Business

Record High Cash Reserves For Berkshire Hathaway

Nov 4, 2024

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1 min read

Record High Cash Reserves For Berkshire Hathaway

Warren Buffett continues holding off on major acquisitions

Business

FashionValet Under Corruption Investigation

Nov 4, 2024

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1 min read

FashionValet Under Corruption Investigation

Khazanah and PNB called the sale a responsible exit

Business

Volkswagen Demands Wage Cuts

Oct 31, 2024

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2 min read

Volkswagen Demands Wage Cuts

The German automaker is facing its lowest earnings in three years

Business

Adidas Stronger in China

Oct 31, 2024

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1 min read

Adidas Stronger in China

The famed shoe brand is reporting a strong third-quarter growth in China

Business

TikTok Shop Survived Indonesia's Axe

Oct 31, 2024

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3 min read

TikTok Shop Survived Indonesia's Axe

How TikTok Shop survived the Indonesian government's nationwide ban.

Business

Low Activities in Bursa Malaysia

Oct 30, 2024

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2 min read

Low Activities in Bursa Malaysia

Bursa Malaysia is facing a rocky period as declining trading activity dampens its strong performance

Business

Profits Tank For PwC

Oct 30, 2024

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1 min read

Profits Tank For PwC

PwC's business in Asia faced a 12.7% profit decline this year

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