Retail/FMCG | Grow Your Business

Philippines Explores Halal Cooperation with Indonesia

Sep 1, 2019

The Philippines’ Department of Trade and Industry (DTI) has expressed its interest to enter into a Mutual Recognition Arrangement (MRA) on halal certification and accreditation with Indonesia in a bid to strengthen bilateral economic relations between both countries....

East Japan Railway to Open Retail Outlets in 27 Metro Stations in Singapore

Sep 1, 2019

Japan’s largest passenger train line operator, East Japan Railway Company (JREast) is planning to open retail outlets at 27 of the 32 stations on Singapore’s upcoming Thomson-East Coast MRT (Mass Rapid Transit) Line, which will begin partial operations by the...

Thailand Plans E-Commerce Tax by 2020

Sep 1, 2019

Thailand is expected to introduce a value-added-tax on electronic businesses in 2020, aiming at collecting between USD 98 million to USD 131 million a year. The proposal will be sent for parliamentary approval later in 2019. According to official sources, the...

Consortium Led by GIC Invests USD 500 Million in Vingroup’s Retail Arm

Sep 1, 2019

A consortium led by GIC, Singapore’s sovereign wealth fund, and Vingroup Joint Stock Company (Vingroup), signed agreements for an investment in VCM Services and Trading Development Joint Stock Company (VCM), a subsidiary of Vingroup that engages primarily in consumer...

JD.com Becomes Largest Shareholder in Tiki Vietnam

Aug 1, 2019

Chinese online e-commerce giant JD.com has become the largest shareholder in Tiki Vietnam, Vietnam’s second largest e-commerce platform by traffic after Singapore-based Shopee. It’s primary competitors in the country are Alibaba owned Lazada and Singapore-based...

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Philippines Explores Halal Cooperation with Indonesia

East Japan Railway to Open Retail Outlets in 27 Metro Stations in Singapore

Thailand Plans E-Commerce Tax by 2020

Consortium Led by GIC Invests USD 500 Million in Vingroup’s Retail Arm

JD.com Becomes Largest Shareholder in Tiki Vietnam

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