Big firms too dominant in Indonesia, World Bank says
A shortage of mid-sized companies has negative repercussions for employment and competition, according to the global financial institution.
Corporate Buzz
Seeking more teeth, Malaysia set to license social media, messaging apps
This comes amid growing concern over freedom of speech, with Kuala Lumpur stepping up online censorship to the point of asking TikTok to restrict more content than any other…
Toyota president apologises to shareholders for fraudulent vehicle testing
The irregularities in the certification tests by Toyota Motor came to light on June 3, and the carmaker has suspended production of three models produced by its group companies.
China slams US misinformation on Sinovac vaccines
Sinovac says online rumours have affected its reputation and undermined public trust.
Chinese firms sponsoring Euro 2024 expand outreach
Five Chinese companies — financial technology company Ant Group, home appliance giant Hisense, cross-border e-commerce platform AliExpress, smartphone manufacturer Vivo and…
Hyundai Motor India files for record $3b IPO
It marks a significant step in expanding both Hyundai’s production capacity and market presence in India, the world’s third-largest automotive market.
Samsung chief holds meetings with global tech CEOs in US
Samsung Electronics Chairman Lee met with Meta Chief Executive Officer Mark Zuckerberg, visiting his house located in Palo Alto, California. The two discussed possible…
China’s homegrown HH-100 cargo drone completes first flight test
The completion of the test allows the commercial model to be entered into test-flight phase for scientific research, said the report.
Does Apple Intelligence have an edge over Galaxy AI?
With the market's high anticipation for the latecomer to the AI race, Apple’s rather underwhelming unveiling did not help its shares go up. On Monday, the company's stock price…
Toyota’s safety tests do not meet UN Regulations: Japan Transport Ministry
The U.N. vehicle regulations are international safety and environmental standards that have been adopted by 62 countries and regions including Japan, South Korea, and Europe.