MYAirline suspends operations amidst financial woes, AirAsia jumps in to offer support

Kuala Lumpur, Malaysia – Local low-cost airline MYAirline has announced that is suspending its operations following financial woes the company is currently facing. “We deeply regret and apologise for having to make this decision as we understand the impact it will have on our loyal passengers, dedicated employees and partners....

GOVT Group launches MINISTRY, names Kelvin Koo as new managing director

Singapore – Independent creative agency GOVT Group has officially launched MINISTRY, a hybrid consulting and agency model, and has appointed Kelvin Koo as its new managing director and partner. MINISTRY is a digital consultancy dedicated to driving digital growth and transformation tailored to the contemporary needs of business owners and...

Milestones: ZALORA’s Achint Setia on creating the leadership drive to mold inventive and personalised retail journeys

In pursuit of one’s professional aspirations, a true marketing leader is dedicated in delving deeper into the intricacies of customer dynamics within their regional leadership landscape. For an ideal leader, the true ambition is to not only comprehend the nuances of this diverse market but also to play a pivotal...

DITO Telecommunity names new CEO as Dennis Uy steps down from role

Manila, Philippines – Local telco player DITO Telecommunity has named Ernesto “Eric” R. Alberto as its new chief executive officer as the current one Dennis Uy has announced that he is stepping down from said role. In a recent disclosure by the company, Alberto’s appointment marks his leadership transfer from...

Insurgent disruptors gain market share as consumer preferences shift in Southeast Asia

Singapore – Around 23% of market share in 2022 will be accounted for by insurgent disruptors as Southeast Asian consumers’ find ways to satisfy their unmet needs and evolving preferences, a report by Meta, Bain & Company, and DSG Consumer Partners revealed. The report reveals that there is an emerging...

One in two SG businesses express strong need for fintech solutions to address business challenges

Singapore – One in two businesses in Singapore have said that they need better fintech solutions to address their own business challenges, a new report from Rapyd has noted, centred around B2B cross-border payments. Approximately 60% of respondents from Singapore expressed confidence in prevailing market conditions, indicating a measured level...

TikTok Shop shuts down in Indonesia following gov’t ban: is there still hope for local social commerce?

Jakarta, Indonesia – Following the recent regulation by the Indonesian government on the use of social media for e-commerce transactions, TikTok Shop has finally announced that it is shutting down its local operations in accordance with local orders. “Our priority is to remain compliant with local laws and regulations. As...

Deliveroo SG partners with Singapore Cycling Federation to raise awareness on rider safety

Singapore – Deliveroo Singapore has partnered with the Singapore Cycling Federation (SCF) to raise awareness about rider safety. On Children's Day, they hosted an event called "Deliveroo Rides Smart with Heart." Deliveroo's program aims to educate both riders and their children about safe cycling practices on the road.   The initiative...

Behind the scenes of Kopi Kenangan’s debut in Singapore

Singapore – Indonesian coffee startup Kopi Kenangan has finally made its debut into the Singaporean market on September 26. The debut branch, located at Raffles City, marks the coffee brand’s foray into the diverse Singaporean market, amidst a growing coffee market in the tiny nation. Since its inception in 2017,...

Lazada, Seoul Business Agency ink MoU to facilitate South Korean SME expansion in Southeast Asia

Singapore – Lazada Group and Seoul Business Agency (SBA) have entered into a Memorandum of Understanding (MoU) to provide ecommerce opportunities for South Korean small and medium-sized enterprises (SMEs) planning to expand to Southeast Asia. The strategic partnership will aid South Korean businesses wanting to extend their reach and thrive...