Telecom Malaysia to build new SEA-ME-Europe submarine cable system
The system would connect Malaysia with multiple countries namely Singapore, Bangladesh, India, Sri Lanka, the Maldives, Pakistan, Oman, Djibouti, Saudi Arabia, Egypt and France.
Big Picture
Hong Kong eyed as professional services, financial hub for RCEP
Hong Kong will strive to join at the earliest opportunity, a senior city trade official said.
Home grown businesses redraw Viet Nam’s retail map
In 2016, more than 50 per cent of Viet Nam's retail market share belonged to foreign enterprises but now it is about 70-80 per cent across the country.
Tokyo’s ‘gateway to the sea’ closes, much to people’s regret
After 30 years, Tokyo’s Harumi Passenger Ship Terminal, with its impressive white latticed pyramid roof, closed its doors Sunday night.
Startups restructure bespoke clothing sector in India
Experts believe mass customization and personalized production will grow.
China’s digital currency push faces uphill battle
China is trying to show that the country’s digital currency is in the stage of practical use, but private smartphone payment systems are widespread in the country.
Flurry of asset sales in Japan as firms hit by Covid-19 shore up books
This trend has been particularly acute in sectors that are the hardest hit in the prolonged Covid-19 pandemic, such as transport.
Yuan rising in global payments
The renminbi saw its share of global payments by value hit a record high of 3.2 percent in January, up from 2.7 percent in December.
Japan firms expand retail facilities in Southeast Asia
The new trend for Japan’s retailers operating in Southeast Asia is to promote aspects of affluent lifestyles, with the aim of showing middle-class consumers there that they are…
Asian stocks fall, oil prices rise on Ukraine invasion fears
Tokyo’s benchmark index fell by an unusually wide daily margin of 2.6%. Shanghai, Hong Kong and Seoul also retreated.