We are excited to announce that the 2023 Edition of Smart Digital Retail will be hosted on February 23rd, 2023 in SMX Convention Center Manila. You can expect to see even more senior profile delegates, more refreshing discussions and discover all redesigning business plans, processes and new technologies that will unlock new ways of running a retail business in the Philippines. The retail sector in the Philippines has been facing challenging times in the study period, which worsened due to the sudden COVID-19 pandemic. The majority forms of physical retail, including supermarkets and convenience stores, hypermarkets, specialty stores, department stores,…
Author: Marie Jones
JE Cleantech Holdings Limited (Nasdaq: JCSE), (“the Company”) a Singapore-based cleantech company, today announced encouraging Q3 financial results, for the three months period ended 30 September 2022 (the “reporting period”). During the reporting period, the Company has maintained strong growth in its overall business performance with revenue that more than doubled and a strong turnaround in net income. For the three months period ended September 30, 2022, the Company’s total revenue increased by approximately S$3.5 million or 141.8% to approximately S$5.9 million from approximately S$2.4 million in the quarter ended September 30, 2021. The increase was mainly derived from the…
Company sees LBT narrow by 65.3% and revenue contribution from manufacturing increase by 26.8% Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company registered a 14.5% increase in revenue to RM30.3 million for the first quarter ended 30 September 2022 (1Q FY2023) compared with RM26.5 million in the corresponding quarter of the previous financial year (1Q FY2022). For the quarter under review, SCIB’s loss before tax (LBT) narrowed by 65.3% to RM942,000 compared with LBT of RM2.7 million in 1Q FY2022. On a segmental basis, revenue contribution from manufacturing increased 26.8% to RM24.2 million in 1Q…
Group to focus on diversifying customer base while improving manufacturing efficiency and expanding to overseas markets. Yew Lee Pacific Group Berhad, a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM6.10 million for the third quarter ended 30 September 2022 (3Q FY2022). There are no comparisons on a year-over-year basis as the Group was listed on the ACE Market of Bursa Malaysia Securities Berhad on 7 June 2022. For the quarter under review, Yew Lee reported gross profit of RM2.12 million while registering profit before tax…
Inaugural ‘Start-up Express International’ gets international and local start-ups talking The Hong Kong Trade Development Council (HKTDC) announces the launch of Entrepreneur Day, a three-day (30 November to 2 December) event with the theme of ‘Balance Beyond the Boom’. Packed with a hybrid mix of online and physical seminars and exhibitions, the event explores a diverse range of developments in the global entrepreneurial ecosystem. Through forums, exhibitions, workshops, and networking events in the “Start-up Arena”, industry leaders, experts, start-ups and participants learn how to achieve business success in the post-pandemic world. The first-ever “Start-up Express International” will also be held…
AssetWise PCL (SET: ASW), a leading real estate developer for lifestyle with the ‘We Build Happiness’ concept, announced its continued partnership with Japanese real estate giant Takara Leben to co-develop Kave Seed Kaset, a new campus condominium project valued at 1.35 billion baht on a high potential location along the commuter train route near Kasetsart University. This development is testament to the confidence in the capabilities of AssetWise and in the project, combining Takata Lebun’s credentials and expertise in the development of real estate projects with ASW’s strength in meeting lifestyle needs through the creation of projects that fulfill the…
Primo Service Solutions PCL (SET: PRI) debuts on the Market for Alternative Investment (MAI) today (30 Nov) by highlighting its outstanding provision of comprehensive real estate-related services. PRI recorded 156.02 million baht in net profit for the first nine months of this year, representing an increase of 128.17% from the same period last year. PRI’s business covers wide-ranging services to property developers and retail customers, while it is mapping out strategies to create new services to meet all living needs. The company also focuses on expanding investments in existing businesses and developing technology to boost service efficiency. Jatuporn Wilaikaew, Chief…
As the first and only basketball specialty concept store in the Philippines, Titan started as a brick-and-mortar retail business in 2010. The retailer established stores in posh locations and around the metropolis, such as Bonifacio Global City, Megamall, Conrad, Vertis, Alabang, and Solenad. While a great part of its success can be attributed to its physical stores, the brand recognized the obvious opportunities of opening online stores. This prospect compelled Titan to become an e-commerce pioneer to open an online channel ahead of other industry players. The brand, however, needed internal expertise to operate a digital store. As a result,…
PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected to be utilized from 1Q2023. Including these two vessels, Wintermar has added 8 vessels to the fleet for the year 2022, comprising 1 unit Platform Supply Vessel (PSV), 2 units 5000BHP AHTS, 1 unit 6000BHP AHTS and this latest addition of two units of 7000BHP AHTS, for a total capex of US$ 12 million. With…
Poh Heng Jewellery, Singapore’s hallmark jewellery brand, is celebrating women and freedom of expression with the latest addition to its Freestyle collection. Inspired by modern women, the bolt designs symbolise power and strength, while the bling designs represent expression of style, success and aspirations. Encased in dazzling gems, this collection makes a perfect gift for the upcoming festive season. Available in both 18K white gold and 22K yellow gold, customers can choose from a total of 35 designs to enhance their style. Elegant, yet modern, the diamonds in each piece boast incredible craftsmanship that catches the light in any setting,…