Southeast Asia
DFI Retail names new CEO of 7-Eleven in South China, Hong Kong, Macau, and Singapore
DFI Retail names new CEO of 7-Eleven in South China, Hong Kong, Macau, and Singapore
He will lead the brand’s strategy and operations in these markets.
CapitaLand achieves 92% bookings for The Senique Hanoi in preview
It is CLD's fourth sales launch in 2024.
Frasers Hospitality opens first hotel residence in Northern Vietnam
The development comprises 88 fully furnished serviced apartments.
SG Singles’ Day online sales surge by 159% in 2023
SEA’s transactions also skyrocketed by 140%.
Singapore doubles RE import capacity under LTMS-PIP
Keppel’s importer licence was also extended to support this move.
ESR fully leases Phase 1 of Suvarnabhumi industrial park
Phase 1 measures 363,000 square metres.
Genesis Alternative Ventures raises $163m for SEA venture debt fund
It has already deployed US$20m venture loans to start-ups across the region.
YUP raises US$30m in Series B funding round
It will be used for SEA market expansion and the acquisition of an Indonesian banking licence.
Singtel’s Thai subsidiary AIS wins court battle over revenue share dispute
National Telecom Public Company Limited was claiming an additional ฿16,252m in revenue share.
Frasers Hospitality debuts in Taiwan with Fraser Residence Taipei
The new residential property will open in 2027.
Singapore-based firms top private equity deals in Southeast Asia: EY
Private equity activity across the region went up 31% to U$586m last quarter.
New Zealand PM to visit Singapore for business delegation
The visit hopes to create new and revitalise existing partnerships.
SIA taps Mastercard for Southeast Asia loyalty card programs
The co-branded credit and debit card programs offer new ways to earn KrisFlyer miles.
PropertyGuru lays off 79 employees
Affected employees will receive a severance package and extended medical insurance.
Delivery Hero ends negotiations for foodpanda business sale in SEA
The company said they remain open to future M&A.
Deloitte’s Siah Weng Yew: Digital transformation demands shift in business models, mindset, and proactive approach
Weng Yew also emphasises the critical balance between digital innovation and maintaining robust internal controls.
ZALORA seizes opportunity in revenge tourists’ purchasing power
The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.
Commentary
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When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?