Largest Pocky factory opens in Indonesia to supply Asean, US market
The chief operating officer forecasts the rise demand for Pocky in of Southeast Asian and North American markets.
Corporate Buzz
Dubai holds promotion event in Beijing to lure Chinese tourists
Before Covid-19 swept the world in 2019, China was Dubai's fifth-largest tourist source market.
Seoul to create 1 trillion won fund for content industry by 2024
The goal to achieve 137 trillion won in exports of content by 2027 will be achieved by supporting the overseas expansion of small and medium-sized content companies.
Forever 21 returns to Japan after 4-year break
At its Japan outlets, it aims to reestablish its popularity as a casual brand that emphasiSes affordability and trends.
Big opportunities inject shot of caffeine into China’s smaller cities
The move into lower-tier Chinese cities signals the rapid expansion to grab more consumers at better costs, an industry expert said.
NBA, Ant Group launch strategic partnership in China
The collaboration with the league's Chinese business arm will cover areas such as joint marketing campaigns and digital collectables.
Indonesia’s smartphone market tightens as Samsung pushes foldable devices
An analyst predicts that Samsung’s foldable phones might become a new trend this year as other brands developed their own versions.
Thai tobacco trade rocked by boom in online sales of illegal cigs
Internet sellers are flooding Thailand with illegal, untaxed cigarettes and exposing children to the habit, the tobacco industry warned.
Samsung vows to replace all plastics in Galaxy phones with recycled materials by 2050
Using recycled materials may cost more, but the tech giant says it will bear the burden without raising product prices.
Apple Pay to kick off service in Korea after years of rumours
The rollout is expected to strengthen competition in the local mobile payments market that is dominated by Samsung Electronics' Samsung Pay.