Remote working booms in China
The number of China's remote employees has reached 469 million as of December 2021, up 35.7 percent year-on-year.
Big Picture
China makes headway in IP industry
China's intellectual property industry has developed rapidly over the past five years, with the number of authorized invention patents reaching 2.53 million.
S’pore workers want bosses to meet their flexi-work needs: IPS survey
The pandemic also showed that workers not only remain productive off-site by working from home, they also get more out of their personal lives, said the research team.
Phnom Penh’s retail vacancy rates up as flood of projects looms
CBRE Cambodia predicts that around 300,000sqm of retail space will be added to the market this year, pushing the total past 700,000sqm.
HKEX to consolidate Hong Kong’s position as financing center
HKEX CEO Nicolas Aguzin said that 98 companies were listed in Hong Kong in 2021, raising HK$331 billion (about $42.2 billion).
‘Seoul has full potential to become Asia’s next financial center’: Deputy mayor
A major step toward becoming a leading financial center would require easing regulations and improving tax benefits for businesses, according to Hwang Bo-youn.
Indonesia imports, exports hit all-time high in March
Indonesian trade has been breaking records since last year largely because of a commodity price boom, with exports last reaching a record high of $22.84 billion in November 2021.
Southeast Asia’s tourism industry begins uneven recovery
Asia, though, is lagging a recovery in other regions including Europe, which eased restrictions months ago.
Ukraine crisis hits Indonesian cement, fertilizer industries
Companies said that the industries were facing difficulty securing coal, kraft paper, and a certain chemical used to make fertilizer due to Russia's conflict with Ukraine.
Experts expect no large-scale outflows after China, US spread inversion
Industrial experts believed the direct reason for the spread is the US bond interest rate surged again on expectations of faster monetary tightening.