Wholesale and Retail

Wholesale and Retail

Wholesale and Retail is a section of Business News on investvine.com
Thai-owned Sabeco aims to conquer half of Vietnam’s beer market

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Vietnam's largest brewer, Saigon Beer Alcohol Beverage Corp., or Sabeco, after its acquisition by Thai Beverages has set a target to grow its share of...
Japanese enter e-cash and online lending market in Indonesia

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Indonesia, a country where millions of people don’t have bank accounts and therefore cannot pay with other means than cash, is stepping up its...
ThaiBev “wins” bid for Saigon Beer maker

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Thai Beverage, through its Vietnamese affiliate Vietnam Beverage, on December 18 won the right to buy around 54 per cent stake in Vietnam's guel,...
Internet economy in Southeast Asia to grow to $50 billion this year

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The online economy is expected to grow substantially in Southeast Asia, a region which is already the world’s third largest in terms of the...
US firms in Malaysia not amused about boycott action

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Calls by some Malaysian politicians and Muslim activists to boycott Israel- and US-related products after US President Donald Trump’s recognition of Jerusalem as the...
ThaiBev to swallow Sabeco, Carlsberg to stock up on Habeco

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Thailand’s largest drinks company Thai Beverage, owned by the nation’s richest man, Charoen Sirivadhanabhakdi, has expressed interest in buying about 51 per cent of...
Indonesia’s retail stores feel the void as online shopping takes off

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After years of impressive growth in wages and consumer spending, sales at retail outlets and malls in Indonesia are at the crossroads, while, at...
Malaysia prepares for cashless society

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Malaysia’s central bank has taken further steps to enhance its e-payment platform, paving the way towards a cashless society, reports say.  Bank Negara Malaysia...
Bangkok street food vendor gets Michelin star

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A street food vendor in Bangkok's old town received a Michelin star in the inaugural edition of the Michelin guide for the Thai capital,...
Apple to license 100 official stores in Vietnam to tackle grey market

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Apple Inc. intends to expand its store network in Vietnam by tightening its cooperation with the retail unit of FPT Corp, the country’s largest...
Singapore a haven for video piracy, industry group claims

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A group of large US entertainment companies, including Walt Disney, Sony Entertainment, Viacom. 20th Century Fox and HBO, as well as sports bodies such...
Recent “sin tax” backfires on Thailand’s tobacco monopoly

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A new excise tax (dubbed “sin tax”) on cigarettes, alcoholic beverages, sugary drinks, coffee drinks and tea drinks, imposed in September this year in...
Saigon Beer kicks off global roadshow ahead of IPO

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Vietnam’s largest beer company Saigon Beer Alcohol Beverage Corp, or Sabeco, has commenced its international roadshow in Singapore on November 24, ahead of the...
Philippines retains rank among world’s fastest growing economies

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The Philippine economy grew 6.9 per cent in the third quarter, exceeding all analyst estimates and cementing its position as one of the fastest-expanding...
China to assist Cambodia in setting up e-commerce ecosystem

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Cambodia and China signed a memorandum of understanding on November 10 to support the development of the country’s e-commerce business operations, according to a...
Thai jasmine rice variety named best in the world

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The World Rice Conference at its annual meeting in Macau on November 8 declared Thailand's fragrant Hom Mali variety the world's best rice, maintaining...
ASEAN car market on growth trajectory

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The Philippines and Thailand, alongside Myanmar, which still has a much smaller market, were the three countries leading new automotive sales in the Association...
Living in Asia’s top cities most expensive, Singapore, Hong Kong remain on top

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Cities in Asia are becoming more and more expensive to live for expatriates and locals alike, the newly released Worldwide Cost of Living report...