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Tag: asia

  • Vietnam eyes $10,000 per capita income by 2035

    Vietnam eyes $10,000 per capita income by 2035

    Vietnam has set target of increasing GDP per capita to $6,500 in 2030, and $10,000, or four times the current value, in 2035. The GDP in those years would then be $670 billion and $1.05 trillion, according to an economic policy framework for the period up to 2035 recently issued by the Ministry of Planning and Investment. This will make Vietnam an upper middle-income country.

    Vietnam has also targeted to reduce its poverty rate to 1 percent and increasing the middle-class rate to 50 percent by 2035.

    The middle and affluent class now is categorized as those earning $714 a month or more, according to the Boston Consulting Group.

    According to the document, encouraging the continued development of the private sector and developing human resources and innovations taking advantage of the Fourth Industrial Revolution would be two of the driving forces for economic growth.

    The country hopes to have two million private businesses that contribute 50 percent of its GDP by 2020 and 60-65 percent by 2030.

    The reforms to achieve these goals will focus on modernizing the economy and developing the private sector, building innovation capacity, improving economic efficiency of urbanization, and building modern institutions and efficient governance.

    Vietnam also aims to ensure its development is environmentally sustainable and equitable, promote social inclusion and enhance its adaptability to climate change.

    Minister of Planning and Investment Nguyen Chi Dung said strong reforms are needed to continue developing and not fall behind the times.

    Speaking to Vietnam’s development partners at a forum on reform and development Wednesday, Prime Minister Nguyen Xuan Phuc said: “We have the aspiration to become a prosperous economy, but we are fully aware that the road will be uneven with many challenges. Those are the challenges from both within the economy and the impacts caused by fluctuations in the global economy.”

    To address these issues he pledged his government would soon speed up administrative reform and establish an economic system that enables all economic entities to have the right to participate in making development plans and policies.

    “Vietnam will focus on building its soft and digital infrastructure to convert the economy into a digital one, reform its recruitment mechanism and focus on training human resources to make use of the fourth industrial revolution as a driving force for growth.”

    According to World Bank Group statistics, Vietnam’s GDP per capita in 2017 is $2,343. The figure for Singapore is $57,714, Malaysia ($9,945), Thailand ($6,594), the Philippines ($2,989) and Myanmar ($1,298).

    Minister Dung estimated that Vietnam’s GDP would grow by 6.57 percent on average in the 2016-2018 period, meeting the National’s Assembly target of 6.5-6.7 percent growth.

    In the first nine months this year, Vietnam’s GDP grew by 6.98 percent, the highest nine-month growth rate since 2011. The economy grew by 6.81 percent last year, the highest rate in a decade.

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  • Shinsegae International Opens Select Shop for S. Korean Designer

    Shinsegae International Opens Select Shop for S. Korean Designer

    South Korean retailer Shinsegae International aims to promote South Korean designer brands through a new online store. The company says ‘Select Shop’ will specialise in South Korean designer brands, on its S.I.Village online shopping portal. Select Shop accommodates 30 designer brands for clothing, bags, and footwear.

    “Select Shop will serve as a new channel for South Korean designers as well as for young and sensational new brands, which will also boost the competitiveness of our online shopping mall,” said a Shinsegae International spokesperson.

    Shinsegae International said S.I.Village’s high-end reputation is what encouraged many of the designers to join Select Shop.

    To mark the grand opening, Select Shop will provide discounts of 5 to 20 per cent on all member products and will give away movie tickets to the first 300 customers to make a purchase on Select Shop.

    The website will also be the exclusive distributor for 99 T-shirts designed in collaboration with 99%IS by Bajowoo.

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  • Safilo appoints new executive to head e-commerce

    Safilo appoints new executive to head e-commerce

    Eyewear firm Safilo has appointed Andrea Bulgarelli to the newly created role of digital transformation director, as the Dutch-owned Italian company sets its sights on renovating its e-commerce infrastructure by 2020. An e-commerce fashion veteran, Bulgarelli comes from fellow Italian firm Benetton, which he joined in 2015 as group digital business director.

    Prior to his two year stint at Benetton, Bulgarelli was pivotal in the creation of e-commerce sites at luxury fashion Max Mara from 2007 to 2015, serving as the group global digital and e-commerce director for eight years. He came to Max Mara as operations and innovation director, after two year’s experience in sales.

    He is a graduate in telecommunications engineering and has an MBA in business administration.

    In his new role at Safilo, Bulgarelli will oversee the management of all consumer-facing touchpoints including merchandising planning, direct e-commerce, digital marketing, content production and CRM – all functions that he performed, among others, at Benetton.

    His appointment underpins Safilo’s direct-to-consumer strategy currently being executed, within its industrial plan for 2020.

    “Digital initiatives are at the heart of our growth and development strategy […] thanks to Andrea Bulgarelli’s leadership, we will finally be able to accelerate our e-commerce activities and our digital transformation,” explained Safilo CEO Angelo Trocchia.

    However, Safilo’s most recent financials were far from rosy. On November 3, the group reported third-quarter revenues of €221.5 million, down 9% at current exchange rates compared to the same period in 2017.

    The situation was similar over the first nine months of the year, with revenue down 9.7% to €713.7 million, compared to €790.5 million in 2017.

    Founded in 1934 by Guglielmo Tabacchi in Pieve di Cador, Safilo Group today designs, produces and distributes prescription frames, sunglasses, sports eyewear and helmets under its own five house brands and 32 licensed brands including Dior, Fendi, Givenchy, Moschinoand Tommy Hilfiger and is owned by Hal Holdings since 2008, the Dutch investment firm which holds 37.23% of the company.

     

  • World’s first Nerf experience centre coming to Marina Square in 2019

    World’s first Nerf experience centre coming to Marina Square in 2019

    Shopping mall Marina Square has been chosen as the venue for the world’s first Nerf family entertainment centre. The Nerf Experience Singapore will open in the second half of next year, following a licensing agreement between Kingsmen Creatives subsidiary Nax Singapore and the Nerf brand’s parent Hasbro who will co-conceptualise, create, build and operate multiple Nerf experiences across Asia Pacific. Nerf is a collection of toys, mostly foam-firing plastic guns.

    Plans are underway to translate the Nerf brand values into a vast play experience occupying an 18,000sqft space on the ground level of Marina Square. Nerf Experience Singapore will feature multiple activity zones that promote active play and teamwork.

    CEO of Marina Square Lim Hock San said “Marina Square is positioned as a family mall in the city. The injection of the Nerf experiences fits our overall positioning and strategy to provide more activity-based experiences for the whole family. We believe the concept will be a great draw for both locals and tourists, creating much life and energy in the Marina Centre precinct.”

    Group CEO of Kingsmen Andrew Cheng said Nerf Experience Singapore is designed to be a year-round family destination and Marina Square is an excellent launchpad for the attraction.

    “Our goal is to create a brand of unique participative experiences that guests of any age can enjoy and will want to return to. With families constantly on the lookout for things to do together, we are confident that our offering of adrenaline-filled fun, coupled with enriching experiences will be a hit.”

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  • Alan Liis the new president of CBRE China

    Alan Liis the new president of CBRE China

    CBRE, the worldwide commercial real estate services and investment firm, recently announced the appointment of Alan Li as President, CBRE China, effective immediately. Alan will be responsible for CBRE’s advisory services across business lines in China, including Advisory and Transaction Services, Capital Markets, Asset Services, and Valuation and Advisory Services.

    Based in Shanghai, Alan will report to Ben Duncan, President of North Asia.

    To the newly created role, Alan brings approximately 18 years of professional experience in the China commercial real estate industry.

    He joined CBRE in 2015 and since this time has served as Managing Director of Capital Markets for Greater China.

    “The future of our brand in China will increasingly rely on our ability to further localize our business and solution offering to clients.” said Duncan.

    Alan is a member of Royal Institution of Chartered Surveyors (RICS) and a registered real estate broker. He is also a member of All-China Youth Federation and the standing committee of Shanghai Youth Federation, and Vice President of Shanghai Foreign-Invested Enterprises Youth Talent Association. He holds an MBA from Fudan University.

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  • Vietjet CEO climbs Forbes list of World’s Most Powerful Women

    Vietjet CEO climbs Forbes list of World’s Most Powerful Women

    Nguyen Thi Phuong Thao has been named the 44th most powerful woman in the world by Forbes, up 11 places from last year. Thao is the only Vietnamese to make the magazine’s list of 100 most powerful women this year. Forbes estimated the CEO of budget carrier Vietjet Air and the richest woman in Vietnam to have a net worth of around $2.6 billion.

    Forbes compiles the list based on assets, impact, spheres of influence, media presence, and social media power.

    Thao has extensive experience in doing business in Vietnam and abroad in multiple fields such as finance, banking, aviation, real estate, and retail.

    She launched Vietjet in 2011. The airline leads the domestic market with a 45 percent share. It operates 385 flights daily within Vietnam and to Japan, Hong Kong, South Korea, Taiwan, Singapore, mainland China, Thailand, Myanmar, and Malaysia.

    Thao also has interests in banking and real estate, which includes owning three beach resorts.

    Topping the list of the most powerful women in the world, for an astonishing eighth year, was German Chancellor Angela Merkel.

    She was followed by British Prime Minister Theresa May, former U.S. Federal Reserve Chairwoman Janet Yellen and General Motors CEO Mary Barra.

    The list comprises business leaders, politicians, investors, scientists, philanthropists, and people who are finding solutions to the world’s most difficult problems or have the most global impact.

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  • Pop-up store Nature Republic opened in Italy

    Pop-up store Nature Republic opened in Italy

    South Korean cosmetics firm Nature Republic has opened four pop-up stores in Italy. The brand’s entry into the Italian market has seen the pop-ups emerge within Italy’s Coin department stores in Rome, Milan, Torino and Bari. Heritage brand Coin is the largest department store chain in the country in terms of outlets, and focuses on apparel, beauty and home decoration products.

    Nature Republic will leverage its foray into Italy as a launch pad for further expansion throughout Europe, where enthusiasm for Korean beauty products is growing. It has been registering its cosmetics products in the territory for the past two years.

    The firm now operates in 19 countries worldwide. The Italian cosmetics market brings in roughly €10 billion (US$11.4 billion) in annual revenues.

  • Fortnum & Mason Asia sales soars boosted by Hong Kong

    Fortnum & Mason Asia sales soars boosted by Hong Kong

    Fortnum & Mason Asia sales are soaring, prompting the UK luxury-food retailer to plan more stores. In Hong Kong, the chain achieved a 55 per cent increase in sales in the year to July, helping it book a sixth consecutive year of double-digit sales and profit growth. Two new stores are now trading in South Korea – in Shinsegae Gyong-Gi and Shinsegae Gangnam – and options in other Asian markets are being assessed. Another new store opened in London.

    Global sales for Fortnum & Mason grew 12 per cent, reaching £126 million (US$161 million), while profit soared 26 per cent to £9.6 million. The company is now delivering products to a record 125 markets worldwide from its online sales channels.

    Sales at its flagship store in London rose 10 per cent – during a time most department stores in the UK have been struggling to maintain sales growth and profits. Travel retail stores in Heathrow and St Pancras International train station rose 12 per cent.

    “This year has not been without its challenges, but we’re proud to report another exceptional trading period,” said Fortnum & Mason CEO Ewan Venters.

    “By being faithful to our heritage and pedigree, focusing on the creation of extraordinary products and exceptional service, and delivering our world-renowned products to customers anywhere in the world, I am pleased that we are able to meet the growing demand for quality and impeccably-sourced products.”

    He said he was “particularly pleased” with the increased sales of Fortnum & Mason Asia and has great confidence in the two new spaces in South Korea.

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  • Vietnam solar power investment rush poses an overload risk

    Vietnam solar power investment rush poses an overload risk

    The investment rush in solar energy could end up testing Vietnam’s weak power infrastructure, experts say. They say that both transmission capacity and the ability of grids to absorb the energy produced by new projects are suspect, as of now. The 9.35 U.S. cents per kWh Feed in Tariff (FIT) for solar power in Vietnam has sparked an investment rush.

    The latest project to be completed is the 49MW Krong Pa plant in the Central Highlands province of Gia Lai. It began operations last week.

    The investor, TTC Group, a corporation that invests in real estate, energy and education projects, has 19 other solar power projects underway.

    Other corporations have also been rolling out ambitious plans. The Xuan Cau Group plans to invest in a 2,000MW solar power project in southern Tay Ninh Province, while the Xuan Thien Corporation plans a 3,000MW project in the Central Highlands province of Dak Lak.

    September statistics from the Ministry of Industry and Trade show that 121 solar power projects been approved, which are expected to add 6,100 MW of output by 2020 and another 7,200 MW by 2030.

    Of these, 25 have signed power purchase agreements with Vietnam’s biggest power producer and sole distributor, Vietnam Electricity (EVN).

    In addition, another 221 projects await authorization, with a combined 13,000 MW of potential output.

    At this rate, the combined solar power output would accounts for 60 percent of Vietnam’s total output from all power sources kinds of power. It also far exceeds the country’s plan for solar energy output of 850MW by 2020, and 4,000 MW in the 4 following years.

    “There is an investment boom in solar power projects, but this is not good,” said Toby Couture, an expert of the German Corporation for International Cooperation (GIZ).

    He said authorities should come up with a balanced forecasting framework, rather than letting the market overheat.

    On top of the race to get projects completed before June 30, 2019 to enjoy the preferential FIT, the explosion of investment in solar power is also raising concerns over overloading of the power grid once the projects become operational.

    According to Vu Ngoc Duc of the Energy Institute under the Ministry of Industry and Trade, the fact that most projects are concentrated in central provinces of Ninh Thuan and Binh Thuan, and Dak Lak carries the risk of overloading the current power grid.

    Power plants cannot be plugged in without considering the capacity of each power transmission line, he said.

    Dinh Quang Tri, acting general director of EVN, admitted that 9.5 cents a kWh was still cheaper than electricity from oil, but the main problems the utility faces are infrastructural.

    Central Vietnam has relatively weak electricity infrastructure because of low consumption, but it is where the new renewable energy projects will be concentrated, he said.

    “The lines cannot take thousands of megawatts at the same time,” said Tri, adding that EVN had petitioned the government to plan and approve additional transmission lines.

    However, the procedures for planning, land clearance and construction will take a long time, so the existing grid will not be able to keep up with capacity of new solar plants.

    “This is a huge challenge. If we don’t purchase electricity from these solar plants, there will be a shortage. But if these projects are completed too quickly, the grid will not be able to load it all,” Tri said.

    He said that to avoid overloading the transmission grid, the Government should promote household solar panels, suitable for the low voltage grid, so that no additional investment into the transmission grid is required.

    Deputy Minister of Industry and Trade Dang Hoang An said that the ministry was directing the re-planning of local and national power development. It is assigning grid development units the task of resolving infrastructural bottlenecks to support approved solar power projects, he added.

    Solar power currently accounts for just 0.01 percent of the country’s total power output, but the government plans to increase the ratio to 3.3 percent by 2030 and 20 percent by 2050.

  • Real human call centres still preferred : research

    Real human call centres still preferred : research

    New research reveals 75 per cent of shoppers prefer live-agent support for customer service verses 25 per cent support for self service and chatbots.

    The research, from cloud contact-centre operator NewVoiceMedia, identified consumer concerns about sharing sensitive information, a lack of understanding of bots and their inability to resolve issues.

    “Chatbots can provide customers with quick answers to frequently asked questions or issues, and the survey notes the benefit of chatbots for certain interactions, such as 24-seven service,” the survey’s authors concluded.

    But when it comes to handling sensitive financial and personal information, most customers are more comfortable with a live agent, and just 13 per cent say they would be happy if all service interactions are replaced by bots in the future.

    Foremost among consumer concerns about using chatbots include:

    • A lack of understanding of the issue (65 per cent).
    • The inability to solve complex issues (63 per cent).
    • The inability of chatbots to provide answers to simple questions (49 per cent).
    • The lack of a personal service experience (45 per cent).

    While less than half of the people surveyed (48 per cent) said they would be willing to use chat bots for service – versus the 38 per cent who wouldn’t – 46 per cent also felt that bots kept them from reaching a live person.

    Banks (82 per cent) and medical services (75 per cent) were the businesses that people were least likely to want to deal with bots.

    Customers prefer live agents for technical support (91 per cent); getting a quick response in an emergency (89 per cent); making a complaint (86 per cent); buying an expensive item (82 per cent); purchase inquiries (79 per cent); returns and cancellations (73 per cent); booking appointments and reservations (59 per cent); and paying a bill (54 per cent). However, when asked about buying”a basic item”, 56 per cent would choose a chatbot over a live interaction.

    The top benefit cited for dealing with chat bots was 24-hour service.

    “When a situation becomes emotional or complex, people want to engage with people”, says Dennis Fois, president of NewVoiceMedia. “As businesses add more customer service channels, conversations are becoming more complex and higher value, and personal, emotive customer interactions play a critical role in bridging the gap for what digital innovation alone cannot solve,” he said.

    “For this reason, companies must find the right balance between automation and human support to deliver the service that customers demand. Frontline contact centre teams will continue to be the difference makers on the battlefield to win the hearts and minds of customers, and organisations deploying self-service solutions should ensure that there is always an option to reach a live agent”.

    There is a sense consumers may warm to chatbots in the future, however, given that younger respondents (aged 18-44) were more open to using chatbots overall and across the individual scenarios compared to older consumers (45-60+).

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  • GEOX appointed new leader for Asia Pacific

    GEOX appointed new leader for Asia Pacific

    Geox is a leading brand in the International lifestyle footwear Market. The success of Geox is due to the constant focus on the application of innovative solutions and technologies on the product that guarantee both impermeability and breathability. Geox technology is protected by over 60 different patents registered in Italy and extended internationally.

    Over 65% of its turnover is achieved abroad in more than 110 countries worldwide. Geox distributes its product through around 10,000 multi-brand selling points and a network of 1.157 mono-brand shops worldwide.

    Effective from today, Fillipo Gori, former CEO APAC at Roberto Cavalli, will lead the Asian expansion of the brand.

    Filippo Gori is a fashion professional with a finance and consulting background. After having worked 3 years in management consulting he joined GE Energy where he worked 3 years in FP&A. Soon after he began his journey in fashion, working for Emilio Pucci (Retail Controller), Gucci (Greater China CFO) and Replay (CEO APAC).

    In 2016 Filippo joined Vip.com as BD Director for international brands and established a profitable business in less than one year.

    In 2017 Filippo joined Roberto Cavalli, in one year and a half he opened in 3 new markets and increased the store network from 2 to 20 across Asia. In 2019 most of Asia markets will be reopened either through DOS or franchisee partnerships.

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  • Vietnamese network providers ready for 5G rollout

    Vietnamese network providers ready for 5G rollout

    Vietnamese telecom firms are seeking a head start in the 5G race as the country becomes an early adopter of the technology. State-owned Vietnam Posts and Telecommunications Group (VNPT) recently signed a deal with Finnish telecom firm Nokia to develop 5G solutions and technology for the Internet of Things. The three-year deal is worth $15 million.

    The country’s third largest mobile service provider is seeking permission from the Ministry of Information and Communications for its Vinaphone network to beta test 5G, chairman Tran Manh Hung said at a conference last month.

    He said the test would help VNPT master the technology and prepare to produce 5G equipment, adding Vinaphone is ready to provide 5G services as soon as it gets the ministry green light.

    Military-run Viettel Group has also announced it is ready to beta test 5G next year. Its deputy director, Tao Duc Thang, said its installation of infrastructure for 4G even in remote areas allows Viettel to be ready for the new network.

    5G is said to offer speeds 100 times faster than 4G, primarily used for smartphones and other similar devices. The former is also expected to support new applications like remote medical procedures and autonomous driving.

    Thang said Viettel, the country’s largest mobile service provider, is working with partners to manufacture 5G equipment.

    “I think Vietnamese operators are ready for 5G with the existing infrastructure. When the market, equipment and users are ready, developing 5G will be possible.”

    The company, which has been working on 5G plans since 2015, will start installing infrastructure early next year and introduce the service first in big cities like Hanoi and HCMC.

    The country’s second biggest mobile service provider, MobiFone, which trailed its competitors in deploying 4G, earlier this year signed an agreement with Samsung Electronics for engineering and commercial cooperation on 4G and 5G networks.

    Vietnamobile, a joint venture between Hanoi Telecom and Hongkong-based Hutchison Asia Telecommunications, has also announced its interest in offering 5G services.

    VNPT, Viettel, MobiFone, and Vietnamobile are expected to receive 5G testing licenses in January.

    Last month Minister of Information and Communications Nguyen Manh Hung said at a conference that Vietnam should test 5G next year and ensure nationwide coverage by 2020.

    “Vietnam should be one of the first to launch the network, at least in Hanoi and HCMC.” The country had been one of the last in Southeast Asia to roll out 4G.

    This time Vietnam would be able to produce the required equipment before it launches the network, whereas for 4G the country had to wait for eight years before being able to do so, and for 2G and 3G all the equipment had to be imported, he said.

    “5G is not only an opportunity for connection services and going up the telecommunications ladder, but also an opportunity for developing the country’s information and communications technology industry.”

    The International Telecommunication Union last year ranked Vietnam 115th out of 193 economies in terms of mobile teledensity, but Hung wants the country to have 100 percent subscription by 2020 and be among top 30-50 countries in the world in data spending per capita.

    Vietnam’s telecom market was estimated at more than $16 billion in 2016, with the three state-owned providers, Viettel, MobiFone, and VNPT, accounting for 95 percent of the market.

    Viettel had the largest share with 46.7 percent, followed by MobiFone with 26.1 percent and VNPT with 22.2 percent.

    While MobiFone and VNPT are on the list of state-owned companies slated for privatization by 2020, Viettel will remain in government hands.

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  • Telenor Group CEO meets Prime Minister to discusses digitalisation and socioeconomic development

    Telenor Group CEO meets Prime Minister to discusses digitalisation and socioeconomic development

    SigveBrekke, President and CEO of Telenor Group, along with IrfanWahab Khan, CEO of Telenor Pakistan and Petter-Børre Furberg, Executive Vice President Telenor Group met the Honorable Prime Minister of Islamic Republic of Pakistan Imran Khan to discuss the growing and evolving digital ecosystem in the country and Telenor Group’s longstanding commitment to the country.

    During the meeting, Brekke shared Telenor Groups journey to becoming one of the largest telecom and digital services provider in Pakistan. SigveBrekke thanked the Government of Pakistan for its continued support for the telecom sector and for encouraging foreign direct investments into the country.In addition,theydiscussed possible collaborations to bringcontinued socioeconomic development and digitalisation for all. Brekke also highlighted Telenor’s commitment towards financial inclusion and informed the Prime Minister of incoming investment of USD 140mnas a result of the recently announcedpartnership with Ant Financial.

    The Prime Minister appreciated Telenor’s contribution in the telecom sector and said that the Government aims to develop a knowledge based economy in Pakistan and value Telenor as an important partner in developing the ecosystem that supports the Government’s development agenda.

    The Prime Minister reiterated that the Government is committed to transparency and facilitate investors and enable them take full advantage of huge potential existing in the growing economy of the country.

    “Pakistan is a key market for Telenor Group and we remain committed to empowering this nation by connecting our customers to what matters most,” said SigveBrekke, President & CEO Telenor Group, while sharing his thoughts. “We hope that the government will not only encouragebusiness-friendly policies, but will also introduce new reforms to enhance access to life-changing digital services and solutions for all.”

    “Through Telenor Pakistan’s industry-first initiatives in areas of digital products & services, financial inclusion, agriculture, health, and digital entrepreneurship, we are empowering Pakistan through robust ICT solutions,” said IrfanWahab Khan, CEO Telenor Pakistan. “We have 13 successful years to proudly look back to and aim to serve the people of Pakistan even better with all the learning we have gathered during this time. I thank Prime Minister Imran Khan for his time and am confident that his government will extend the needed support to help us materialise our shared vision of a digital Pakistan.”

    During his visit, SigveBrekke also called upon Mr. Asad Umar, Minister of Finance, Revenue and Economic Affairsand Mr. Shah Mahmood Qureshi, Foreign Minister and extended his appreciation to the Government for ensuring positive outlook and improving economic indicators that are instrumental towards attracting investment in the country. Brekke also discussed the role of telecom sector in socioeconomic uplift of the country by bringing widespread connectivity to the people of Pakistan.

    Telenor Group has been operating in Pakistan since 2005 and has made a significant impact on the socioeconomic uplift of the country. The Group has invested over USD 3.5bn, contributed over USD 2.5bn to the national exchequer since 2005 and created over 5,000 direct jobs, in addition tohundreds of thousands of indirect jobs.

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  • The Healthy Chef partners with Quantium Solutions to expand into APAC

    The Healthy Chef partners with Quantium Solutions to expand into APAC

    Quantium Solutions, a leading end-to-end logistics service provider in Australia, has announced a partnership with The Healthy Chef, a company founded by internationally lauded chef, nutritionist and award-winning cookbook author Teresa Cutter. The partnership will help the Australian business expand its eCommerce presence in the Asia Pacific, and it is also the first in the Australian food industry for Quantium Solutions.

    Owned by Singapore Post, Quantium Solutions is an established eCommerce logistics solutions provider in the Asia Pacific, operating in 19 markets, and handling every touch point of their partners’ supply chain process, from delivery to fulfilment. It enables major eCommerce companies – including some of the world’s largest fashion and beauty brands, and now, the Australian food industry – to expand their footprint globally.

    Founder of The Healthy Chef, Teresa Cutter is one of Australia’s leading authorities on healthy cooking. She is also known internationally, having designed menus and recipes around the world for InterContinental Hotels Group, and publishing a weekly column for Time Magazine in the USA. Dedicated to improving the health of individuals, Teresa launched The Healthy Chef eCommerce site in 2012 to sell organic, wholefood nutritional products and her bestselling cookbooks to Australians and overseas customers. Since its launch, the eCommerce store has seen consistent year-on-year growth in its online orders.

    The Healthy Chef enlisted Quantium Solutions to help the business take its popular products, such as Whey Protein Isolate and Organic Pea Protein, to more customers overseas. Quantium Solutions will handle its warehousing, packaging and delivery of orders across Australia, New Zealand and around the world.

    Teresa Cutter, Founder of The Healthy Chef, said: “Our customers are our priority, so it’s important that they receive their order quickly and effectively. With Quantium Solutions an order can now take two to three days to reach our customers in the Asia Pacific. If there are any issues with deliveries, we can count on someone there to rectify the situation immediately. Having Quantium Solutions as part of our team is reassuring and enables us to expand with outstanding service.”

    Per Gustafsson, Australia and New Zealand General Manager at Quantium Solutions, said: “We are very excited to have The Healthy Chef onboard as they are our first customer from the food industry. Having worked with major hotels around the world, Teresa has insights to the demands and buying power of overseas destinations. Also, Australia’s proximity to leading eCommerce markets like China, Singapore, and Southeast Asia, makes it ideal for Australian brands to take their products to larger and more lucrative markets. With a well-established network across the Asia Pacific, Quantium Solutions is able to help brands like The Healthy Chef expand overseas.”