Edward Eng

Business Development Manager

October 28, 2012

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Still Lots of Potential in Asia

With a young population and fast income growth, Vietnam is seen as a promising market for foreign fast-food companies.

burgers-asia

With a young population and fast income growth, Vietnam is seen as a promising market for foreign fast-food companies.

After opening 4 stores at airports in the country in 1 year, the American fast-food company Burger King launched its first store in the center of HCM City recently. It aims to open 12 stores in Ho Chi Minh City, Hanoi, and Da Nang by the end of the year.

Read the rest of this entry »

Edward Eng

Business Development Manager

October 17, 2012

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Donut Wars

Donut wars over Asia's sweet tooth.

donuts

Krispy Kreme Doughnut Corp. has reached an agreement with Star360 Group to develop 15 franchised stores in Singapore over the next 5 years. “We are pleased to finally introduce Krispy Kreme, the brand that has won fans the world over, to Singapore,” said Andy Chaw, CEO of Star360 Group. “We expect that Krispy Kreme has the potential to take the local doughnut scene by storm.” Krispy Kreme said that the company has nearly 500 stores in international markets and this and other development agreements adds another 400 international sites to the queue.

Read the rest of this entry »

Edward Eng

Business Development Manager

October 10, 2012

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Thailand’s Hot

The healthy growth of Asian economies including Thailand's has attracted the interest of international investors.

thai-baht

The developing economies of East Asia will grow less rapidly this year than previously expected, says the World Bank. But domestic demand and economic stimulus measures will allow growth to accelerate again next year. The euro zone crisis and a looming “fiscal cliff” in the United States continue to pose “considerable risks” to the global outlook, but in East Asia and the Pacific — a region that includes countries such as China, Thailand, and Indonesia but not Japan and India — robust domestic demand is helping growth remain well above that in other parts of the world.

Read the rest of this entry »

Edward Eng

Business Development Manager

October 2, 2012

  • Tweet This
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Tweet This
  • Share by Email

Online Retail Excels in China

Online retail apparel stores fueling growth in China.

online-retail-stores-china

More than a third of Inditex’s sales are in Asia and America, up from 29% a year earlier, while Spain generated 22%, down from 26% a year earlier. The emerging-market expansion has allowed Inditex to grow faster than H&M and Gap Inc. in recent years.

Read the rest of this entry »