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.
Big Picture
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.
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.
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.