Asia

Singapore's Grab Cuts 1,000 Jobs To Stay Competitive

Singapore-based Grab Holdings, Southeast Asia's leading ride-hailing and food delivery app, is cutting 1,000 jobs or 11% of its workforce, its CEO said, ci...

How Restaurants Can Cater To The New Generation Of Customer

Healthy Food Asia recently launched the fourth instalment of its popular Healthy Food Talk series, featuring a dynamic networking event and thought-provoki...

Oatly Narrows Losses As Growth Accelerates In First Quarter

Swedish oat drinks maker Oatly narrowed its losses in the first quarter ended 31 March as it delivered a 'solid start' to its financial year.

Delivery Hero Sees Single-Digit GMV Growth In 2023

Delivery Hero has forecast single-digit percentage growth in 2023 gross merchandise value (GMV) against a challenging comparison period after parts of Asia...

Accenture Appoints Unilever CEO Alan Jope To Its Board of Directors

Accenture has announced the appointment of Unilever chief executive Alan Jope to its board of directors, effective immediately.

Danone Proposes Sanjiv Mehta As Independent Board Member

Food group Danone has proposed the appointment of Sanjiv Mehta as an independent member of its board of directors.

Premium Spirits And RTD Sales Boost Beam Suntory's Performance In FY 2022

Beam Suntory reported 10.5% year-on-year growth in sales in its financial year 2022, driven by the performance of its premium brands and RTD category.

Some Ocean Shipping Rates Collapsing, But Real Price Relief Is Months Away

Prices in the most volatile segment of ocean shipping are collapsing, but top retailers like Walmart and Home Depot should not expect relief until the spri...