Hong Kong trade council cuts export forecast amid global headwinds
The downgrade followed its flagship export index, released on the same day, showing that Hong Kong exporters have regained some business confidence.
Big Picture
China’s box office exceeds billion yuan in shortest time since Covid-19
Industry observers are expecting a successful summer movie season, which is the first since the country downgraded Covid-19 measures earlier this year.
Global travel revival to boost flight capacity, lead to pay hikes
Qatar Airways said it expects its Hong Kong route’s capacity and revenue this financial year to be higher than pre-Covid levels as Hong Kong’s reopening boosts demand.
Thai gems and jewellery exports lose their glitter amid global slowdown
Experts expect gems and jewellery export to be affected by various factors, such as the financial crisis in the US and Europe, and slowdown in China's economic recovery.
PM Prayut Chan-o-cha pushes ambitious Land Bridge project in South to create trade hub in SE Asia
This project is intended to further enhance the advantages of Thailand's geographic location in Southeast Asia, which is conducive to transportation and trade.
K-beauty’s US gambit pays off amid sagging China sales
K-beauty’s brisk growth in the US comes as the increased popularity of K-pop and K-content is driving up the demand for Korean commodities overall.
Pacts inked show interest in Nusantara, more investments likely only after Indonesia polls: Experts
More than 130 government officials and businessmen from Singapore participated in the roadshow from May 30 to June 1 to explore opportunities in Nusantara.
New force in South Korean entertainment industry: Middle-aged women
With more time and money to spare, new fans in their 50s, 60s and above take the lead with active engagement.
President Yoon declares ‘all-out war’ on chips to support chip industry
Seoul is home to the world’s largest and second-largest chipmakers, as well as global battery companies that supply automakers such as Tesla and General Motors.
Italy to take skilled workers from Bangladesh
Italy expressed satisfaction that at present figure of over 46 percent of workers going to the country for seasonal and non-seasonal work.