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WASHINGTON (BLOOMBERG) – US Treasury Secretary Janet Yellen said she expects price increases to remain high through the first half of 2022, but rejected criticism that the United States risks losing control of inflation. Inflation is expected to ease in the second half as issues ranging from supply bottlenecks, a tight US labour market and […]

MAHE, SEYCHELLES / October 25, 2021 /SEAPRWire /- Move Digital, an Asia-based blockchain and digital ledger technology (DLT) consulting company, is wrapping up the final quarter of what has been a year of significant progress in 2021. Led by CEO Kristof Schöffling, the company has become one of the premier advisory and consulting companies serving the […]

SINGAPORE – DBS Group Holdings on Monday (Oct 25) announced the appointment of Mr Soh Kian Tiong as chief risk officer (CRO) with effect from Nov 4. In his new role, Mr Soh will report to DBS chief executive Piyush Gupta and be accountable to the bank’s board risk management committee. In addition, he will be […]

HONG KONG, Oct 25, 2021 – (亚太商讯 via SEAPRWire.com) – 中国零售市场在科技赋能持续的深化改革下，已从粗放型的爆发期走向精准型的升级期，由过去的大商超模式，裂变至个性化的定制模式。与此同时，各大产业的升级转型亦将回归到消费终端用户的思维导向，由C端反向驱动B端商户、M端厂商的商品定制及供应链优化。在此背景下，中国电商反垄断政策的出台正更好地推动零售产业迎向新零售生态共享时代。 国美零售(493)可说是截至目前在中国新零售生态模式探索中走得最前的一家，在 “家‧生活”战略第一阶段的平台网络基建完成后，于今年初便迅速推出了娱乐化内容社交零售平台“真快乐”APP，而近期亦通过与大股东旗下的国美管理分别落实了三个位于北京和长沙的大型优质物业的20年租赁权，以及5家处于高增长行业的公司(即国美家、共享共建、打扮家、安迅物流、国美窖藏)的托管安排，助力国美零售进一步深化其“家‧生活”战略第二阶段的延展扩张。尤其是在国美“在线、线下、供应链、物流、大据/云和共享共建”六大平台的深化打造基础上，五家公司将助力构建呼应新零售时代需求的“全零售生态共享平台”，推动国美”全品类、全场景、全链路、全服务、全模式”的整体升级。 近日，国美零售亦再度发力，启动了以“乐‧购新升级”为主题的“真快乐”APP改版试运营。据了解，“真快乐”APP改版是以围绕“乐的亮相和购的升级”两大核心，全力构建国美独特的”新消费+新娱乐”的新零售模式。 诚如国美始人黄光裕在发布会上表示，“真快乐”APP的升级要把“专业买手”在更大的范围应用好，让平台和商家一起为消费者做好“专业买手”。而乐和购的全面结合，则是“娱乐卖、娱乐买、分享乐”的娱乐化营销模式，以商品和服务的专业经营，赢得消费者信赖，通过全场景融合和娱乐化营销，提升消费者购物体验和参与度。 聚焦三大层面 创收降本增效事实上，在“家‧生活”战略第二阶段中，国美零售聚焦三个层面，一是聚焦深耕“家生活”市场赛道，二是聚焦打造在线和线下深度融合的零售业、家服务业，三是聚焦构建以赛事、榜单为特色的娱乐化内容社交平台。在这三个聚焦上，通过全面升级上述六大平台的死循环生态体系，赋能高速增长中的“真快乐”APP，在最前线体现以用户思维作导向的专业买手、真选好货等商品和服务升级。在个性化、定制化、多元化的消费趋势下，预期更进一步切合时代需求的升级版“真快乐”APP，将在即将到来的双十一中大放异彩。 大行中金公司近日亦就国美零售的托管安排和平台化发展，发表了更新研报，指公司积极推进在线线下场景融合，通过直播等模式推动娱乐化营销升级，于上半年已完成约7.5万场直播，触达超3,800万用户，实现社群数量同比增长30%，总体GMV同比增长24.42%；同时开放高效供应链、赋能第三方商户、加速品类扩张，目前SKU累计超过60万个，其中非家电产品占比超过90%。此外，公司继续推动与深投控、京东、拼多多及怡亚通等在资本、供应链、渠道及产业链等方面的合作。中金公司考虑此次托安排对公司经营转型的正向作用，上调了目标价7%至0.93港元。 相信深获零售市场和资本市场支持的国美零售及其转型中的业务模式，未来估值将有力不断上修。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

SINGAPORE (THE BUSINESS TIMES) – Singtel on Monday (Oct 25) announced that its cyber security arm Trustwave has divested SecureTrust, its payment card industry compliance business, to Sysnet Global Solutions, for a cash consideration of US$80 million (S$107.8 million). In a bourse filing the same day, the telco highlighted that the sale comes as part […]

HONG KONG (REUTERS) – Shares in China Evergrande Group shot up 4 per cent on Monday (Oct 25) after the embattled property developer announced plans to prioritise growth of its electric vehicles business over its core real estate operations. China Evergrande New Energy Vehicle Group stock jumped as much as 17 per cent, versus a 0.3 per […]

BANGKOK (BLOOMBERG) – A new generation of young professionals, defined by the realities of a global pandemic, are eschewing work at established corporations and jumping into start-ups. It is a trend that’s lead to more tech activity in South-east Asia, says a Thai venture capitalist running a US$30 million (S$40.4 million) fund hunting for investments. […]

SINGAPORE – Sembcorp Marine (Sembmarine) has clarified media reports last week about its work on the Johan Castberg hull project. The group’s scope of work for the floating, production, storage and offloading (FPSO) vessel comprises the construction of the hull and living quarters and installation of the turret supplied by its customer, Equinor. “The construction […]

SINGAPORE – You have undoubtedly heard of the Netflix dark survival drama Squid Game, which has captured a huge global audience since its debut last month. The battle royal-esque series fleshes out emotional desperation, daily struggles and heavy societal pressures – all of which have turned the Netflix original into a No. 1 mega-hit across […]

SINGAPORE – Last week, this column discussed how the global supply chain crunch is feeding inflation and prompting rate hikes by central banks. Not much has changed. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning […]

SINGAPORE – Local law firm Drew & Napier has been expanding its regional footprint through partnering with other firms in South-east Asia. Drew Network Asia, an alliance led by Drew & Napier that includes Indonesian firm Makarim & Taira S and Malaysia’s Shearn Delamore & Co, was formed in March last year. Please subscribe or […]

SINGAPORE – Fruit and vegetables past their use-by date might not be the obvious means of sprucing up the house but a local firm has found a way to turn such mushy waste into products like soap and dishwashing liquid that are safe for babies and children. The process developed by JRW International’s brand Green […]

Some things, like fine wine, become better with time. Our health, on the other hand, doesn’t always fare as well with age. Now is a good time to take the right steps to cope with the changes that come with ageing, such as cardiovascular issues and a weakening immunity, so that we can live life […]

SINGAPORE – The Ministry of Health (MOH) has invoked Singapore’s fake news law against a local website for false claims about the effectiveness of Covid-19 vaccines, and the safety and efficacy of ivermectin in preventing and treating Covid-19. Health Minister Ong Ye Kung instructed the Protection from Online Falsehoods and Manipulation Act (POFMA) Office to […]

(NYTIMES) – I began writing the Wealth Matters column in December 2008. The column was conceived earlier that year, when the US economy still appeared to be running high. But by the time the first one ran, the economy was deep in crisis, and Americans were worried about their investments, their savings and, in many […]

Properties near popular schools are highly sought after by both investors and parents. Many parents go to great lengths to secure a place in good schools by renting or paying top dollar for a nearby property. They believe that their chances of getting their children in the school of their choice will go up significantly […]

(NYTIMES) – Robinhood, the free stock-trading app with 21 million active users and counting, is about to hit the road for a college coffee house tour to drum up new customers. Now where have we heard this one before? Ah, yes, the credit card industry. The campus antics the card companies got up to two […]

(BLOOMBERG) – Billionaire investor Charles Munger made a well-timed bet on suburban apartments in California – thanks to a neighbourhood teenager who showed up at his house with a Hebrew Bible. Mr Munger couldn’t read it. But the encounter led to an improbable friendship and, over a decade later, an investment in apartment complexes in […]

SINGAPORE – If you have paid $1 million for a rare painting, chances are you won’t be displaying it at a public area for passers-by to enjoy. Instead, the painting will probably be kept in your study where only you and your loved ones can look at the artwork, which is essentially an expensive item […]

SINGAPORE – If you are reading this on your mobile phone or tablet, here’s a question to test your financial planning: Do other members of your household know your sign-in name and password to this subscription? If your answer is “yes”, congratulations for being among the minority here who share access to their digital accounts […]