Vietnamese businesses need to embrace green practices to export to EU
They must foster “sustainable and responsible corporate behaviour” throughout their global value chains, a European diplomat has said.
Big Picture
Cambodia levels up QR code payments
The system currently enables KHQR payments to 7.6 million merchants in Thailand and ThaiQR payments to 1.5 million merchants in Cambodia.
Google, Microsoft and other tech giants form alliance with IMDA to tackle pressing AI issues
Members of the foundation will contribute to a software toolkit developed by IMDA that analyses datasets and AI code to check for bias, transparency and AI-related issues.
ADB signs off on $44.2m loan for Indonesian plastic recycling plant
"This project showcases the potential for PET recycling in Indonesia, while the certified blue loan aims to attract more investors", noted ADB.
China’s economic rebound to stimulate gas demand
Industry experts said China's natural gas consumption last year fell for the first time in two decades, down more than 1 percent, due to slower economic growth, sluggish…
Pakistan approves 3.5% GDP growth target for FY24 budget
The government is set to present the annual budget at a time when the South Asian country faces its worst economic crisis, with months of delay in securing funding from the…
South Korea’s export dependency on China wanes
According to a report by the Korea International Trade Association, Korea's reliance on exports to China has steadily declined from 26.8 percent in 2018 to 22.8 percent last year.
Thai stock market ranks third in world for highest fund outflows
The outflow shows that foreign investors still lack confidence in Thai stocks amid the government transition period following the May 14 election, said brokerage firm Asia Plus…
How Hong Kong plans to test its digital dollar in $229 billion mortgage market
The test comes amid fierce competition among banks to attract mortgage customers in the world's least affordable housing market.
Elon Musk, other US CEOs flock to China with eye on major market
Beijing’s unusually generous welcome, such as offering ministerial-level meetings, is believed to be intended not only to attract investment but also to counter Washington.