China, Asean companies eye each other’s markets: UOB
Companies from Thailand and Singapore were the most interested in investing in the Chinese mainland market, according to the report.
Big Picture
Coffee tech start-ups keep VCs awake during tech winter
Experts say that profitability was the one thing these coffee tech companies had in common, which was what investors desired over mere growth.
G-7 sanctions on Russia may hit India’s diamond hub
Nine in 10 of the world’s diamonds are cut and polished in this bustling town in the western state of Gujarat.
Open borders revitalising Malaysia’s medical tourism
The nation’s borders fully reopened in April last year following the lifting of restrictions imposed since March 2020 due to the global pandemic.
China plans 18 AI hubs to spur socioeconomic development
The nation has actively addressed risks and challenges — such as the ethical governance of AI — that the new technology could bring about.
China’s FDI inflow up 2.2% in Jan-April
The manufacturing sector attracted 130.05 billion yuan of global capital between January and April, up 4.1 percent year-on-year, said the ministry of commerce.
‘Mid-Oct’ launch confirmed for Siem Reap airport
The Pacific Asia Travel Association Cambodia Chapter chairman said the new Siem Reap airport comes right as foreign tourists return to Cambodia.
China home to a booming male skincare market: Report
The cosmetics products favoured by this group include lotion and emulsion, lipstick, eyeliner, liquid foundation, among others.
Indonesian retailers to maintain sales momentum post-Ramadan
In line with the rising retail sales, consumer confidence also rose in April, according to a Bank Indonesia survey.
Number of Vietnamese job seekers taking Korean proficiency test hits 10-year high
The test is part of a two-stage exam required for Vietnamese people seeking to enter Korea for employment.