Industries.

Philippines promotes Kinampay ube to Japanese consumers
The Philippine Embassy in Tokyo is spearheading efforts to introduce the premium purple yam, Kinampay ube, as a new agricultural export, building on successful fruit exports.

Audi Singapore launches RS 5 plug-in hybrid models from S$713,999
Audi Singapore debuted its first high-performance plug-in hybrid RS 5 sedan and Avant models yesterday, starting at S$713,999 with COE, during the Singapore Grand Prix period.

Korean Air Mileage Debt Reaches W3.1tn Amid Falling Redemptions
South Korea's Ministry of Land, Infrastructure and Transport reported Korean Air's deferred revenue from unused customer mileage climbed 9.7% by mid-2026, even as usage declined for two years.

Singapore court approves SGD11.4 million Jetstar Asia customer refunds
The Singapore International Commercial Court's decision covers 194,000 customers who will receive payouts totalling US$8.92 million without needing to prove their claims.

Singapore's Tollyjoy Baby Brand Closes After 55 Years
The homegrown baby and mother-care product manufacturer announced its winding down on 15 September, offering remaining stock at reduced prices through retail partners.

True Fitness Closure Signals Pressure on Singapore Mid-Market Gyms
True Fitness and True Yoga closed all Singapore studios this month, showing how rising exercise rates do not help mid-market gyms facing niche and budget rivals.

Chinese Gold Jewellers Target Middle East, India as Domestic Demand Falls 34%
The World Gold Council reports local consumption has dropped, prompting firms to seek new markets with advanced crafting techniques.

Yatsen Group shifts to skincare, boosts R&D spending
Chinese beauty firm Yatsen Group will slow overseas brand acquisitions, focusing on its existing skincare portfolio and increasing R&D investment.

AirAsia's Fernandes denies Malaysia sought rivals' help
The low-cost carrier faces surging fuel costs and a 75 per cent stock plunge since the Iran war began, but CEO Tony Fernandes says it needs no rescue.

Haidilao, Oriental Kopi see market value drops; Yum China acquires Pizza Hut China
Haidilao International's H1 2026 revenue rose 7.9 per cent to CNY 22.3 billion, while Oriental Kopi's net profit for the third quarter ended June 30, 2026, fell 5.3 per cent.

Singapore Retailers Accelerate AI Use, Consumers Wary of Agents
An Adyen survey shows 99% of merchants use AI, but 58% of consumers hesitate on autonomous AI for transactions due to fraud risks.

Crystal Jade Closes Five Singapore Outlets Amid F&B Slump
The Chinese restaurant group confirmed three September closures, bringing its 2026 total to five, as Singapore's F&B sector reports a 1.9% sales drop in July.

Coupang Rejects Korea's W3.37 Trillion Data Breach Payout
The e-commerce giant notified the Consumer Dispute Mediation Commission it would not accept the 100,000 won per user recommendation for 33.7 million affected customers.

Singapore Transport Minister Siow: SIA Air India Investment Not Affecting Local Services
Singapore's Transport Minister Jeffrey Siow stated that Singapore Airlines' (SIA) investment in Air India has not compromised its ability to provide essential services locally. This follows a reported US$1.5 billion equity call for the Indian carrier.