Global banks see merger and acquisition openings in post-crisis Indonesia
This Russia-Ukraine conflict has made Southeast Asia’s largest economy a lighthouse for global investors seeking solid returns on their portfolios.
Corporate Buzz
Samsung defies chip price slump, vows to continue investment
"The deteriorated environment is not so favorable for our performance for now, but we believe it is also an opportunity to prepare for the future", they said.
New Toyota president to helm firm amid fierce competition
A number of US industry players are expected to throw their hats into the electric vehicle ring, such as IT giant Apple Inc.
Japan’s NTT East eyes entering insect-based food business
Crickets have been attracting worldwide attention as a possible solution to global food shortages.
Will Samsung, Hyundai clash over robots?
A decades-old unspoken rule between the two conglomerates may be ending in robotics, a burgeoning area where their leaders are pouring resources in search of a future growth…
Toyota plans to produce 10.6 million vehicles in 2023
The car giant said that it set a baseline production volume with a downward risk fluctuation range of about 10% in case of shortages in the supply of parts.
More energy, manufacturing and logistics firms among fastest growing in Singapore
There were a total of eight logistics and transportation companies on the 2023 list compared with five in 2022 and this could continue to rise as the industry grows.
Hyundai crashes Ioniq 5 to demonstrate EV battery safety
The carmaker boasts enhanced safety features in case of fire for the model.
Apple’s move to ditch Korean displays met with skepticism
When it comes to the latest iPhone 14, Samsung and LG are estimated to supply 70 per cent and 20 per cent of the OLED displays.
China’s Covid-19 shift catches drugmakers by surprise
While the worst of China’s Covid-19 surge has abated in major cities including Beijing and Guangzhou, the abrupt about-turn led to a run on pharmacies in December.