Markets, business, and economic intelligence for Southeast Asia
SOUTHEAST ASIA EDITIONThe microbiome health company said full year sales rose 30 percent to 23.9 million dollars, keeping it on track for its three year growth plan even as consumer health spending stays soft.
Shares in probiotics maker Biome Australia jumped 17 percent after the company said it remains on track for record full year revenue and is meeting the targets set out in its three year growth plan.
The stock touched an intraday high of 32.5 cents before settling at 31 cents, up 4.5 cents on the day. Biome reported full year sales revenue rose 30 percent to 23.9 million dollars, a result the company said came despite a difficult stretch for the broader consumer health sector.
The revenue figure keeps Biome in line with its Vision 27 growth plan, which targets total revenue of between 75 million and 85 million dollars across the 2025 to 2027 financial years.
Earlier this month, on June 3, Biome struck a manufacturing agreement with Specialty Probiotics Australia to bring production onshore. The company expects the deal to lift gross margins from 61 percent to above 65 percent over the next 18 months.
The Japanese footwear retailer, with about 1,500 stores at home and abroad, wants to raise the share of sales it makes overseas from around 30 percent to 50 percent, and it is betting on fast growing Southeast Asia to get there.
South East Money Editorial · July 11, 2026
The Thai energy drink maker, a longtime challenger to Red Bull at home, is pouring effort into its domestic market after a border dispute with Cambodia and softer exports pushed its profit down sharply.
South East Money Editorial · July 11, 2026
A Saudi founded technology summit has opened in Hong Kong for the first time, part of a push by the Chinese financial hub to deepen ties with the Gulf and cast itself as the bridge between Chinese companies and Middle Eastern capital.
South East Money Editorial · July 10, 2026
A buoyant stock market and a steadier economy pushed the combined fortune of Thailand's wealthiest people up 10 percent to 187 billion dollars, with the Red Bull family holding the top spot for a third straight year.
South East Money Editorial · July 9, 2026
The Nasdaq listed hotel chain, part of the DoubleDragon empire built by Jollibee founder Tony Tan Caktiong and real estate magnate Edgar Sia, will spend 200 million dollars on three properties in Bangkok, Pattaya and Phuket as it chases a global build out.
South East Money Editorial · July 8, 2026
