Foreign firms bullish on Beijing-Tianjin-Hebei region
The Beijing-Tianjin-Hebei region saw its gross domestic product grow 90 per cent to 10.4 trillion yuan in 2023 compared to the level in 2013.
Big Picture
Shipping constraints shackle Korea’s auto export boom
Last year, South Korea's auto production exceeded 4 million units for the first time in five years in 2023, with auto exports reaching a record $70.9 billion.
Cheap imports and smuggled products pinch Nepali footwear industry
The downfall of the domestic shoe factories started with the pandemic that forced manufacturers out of business.
Experts stress China key to 6G
The comments came after a group of 10 countries, including the US and the United Kingdom, announced that they have endorsed a set of principles to underpin the development of…
Bitcoin soars to record high in South Korea
The rapid ascent of bitcoin is assessed to have stemmed from a strong inflow of spot bitcoin ETFs, after the US Securities and Exchange Commission’s approval, which came last…
Beyond a swift lift to Singapore’s Q1 economy, Taylor’s concerts can deliver long-term dividends
A expert calculated that Swift’s six concerts here in March could generate S$350 million to S$500 million in tourism receipts.
‘Strength of the Indian economy’: Modi hails 8.4 per cent GDP growth in Oct-Dec quarter
The higher than estimates growth was driven mainly by 11.6 per cent growth rate in manufacturing sector and 9.5 per cent growth rate in the construction sector.
Hong Kong’s push for mega events welcomed by industry
The initiatives, including major music concerts, sports events, and exhibitions, will significantly boost tourist arrivals and benefit Hong Kong’s tourism industry over the next…
China to expand carbon market soon
Currently, 2,257 power-generating enterprises are involved in the carbon trading market, covering roughly 5.1 billion tons of emissions and representing over 40 per cent of the…
Impact of Red Sea crisis still ‘moderate’: WTO chief economist
The Red Sea attacks have raised insurance premiums for shipping companies, forcing many to avoid the vital route that normally carries about 12 percent of global maritime trade.