BigBasket eyes larger share of private label sales with new frozen foods brand

[ MUMBAI: Tata-owned BigBasket is broadening its play in the frozen foods space, a category co-founder and CEO Hari Menon said is “untapped” as it looks to gain market share and increase its pie of sales from private labels. To be sure, the company had already forayed into the frozen foods segment with its in-house … Read more

Proton makes strong start with 12,882 units sold in January

[ KUALA LUMPUR National carmaker Proton started the year with 12,882 units of registered sales, a 10.3% increase over sales recorded a year ago. The carmaker said its January sales were 1.3% higher than in December, making it the second most-sold brand during the month. In comparison, the total industry volume in January dropped 15.6% … Read more

Archies and Mondelez India Unite for Unforgettable Moments

[ Archies, the iconic gifting brand, has joined hands with Mondelez India, makers and bakers of iconic brands like Cadbury Dairy Milk, Oreo, Bournvita, etc. Together, they are set to redefine the gifting experience, just in time for the Valentine’s season.   Archies Cadbury … Read more

Singapore readies sales tax hike as demographic crunch looms

[ SINGAPORE: Singapore households are bracing for a sales tax hike that takes effect in the new year as the government shores up coffers ahead of an expected surge in social spending in the rapidly ageing city-state in the years ahead. The goods and services tax, which is levied on everything from groceries to diamond … Read more