Super-rich Indian families join Ambanis in setting up family offices in Singapore
To avoid family feuds, they are setting up family offices in Singapore for effective governance, communication and decision-making.
Corporate Buzz
After SpaceX’s requests, Taiwanese suppliers move manufacturing abroad, sources say
SpaceX’s requests place a renewed focus on the contentious relationship Mr Musk has had with Taiwan, especially after he said in 2023 it is an “integral part” of China,…
‘Flying car’ successfully tested by Toyota startup, automaker moves closer to 80-year-old dream
Toyota aims to begin commercial operation of the car in the Middle East and other regions as early as 2025, with plans for demonstration flights at the Osaka-Kansai Expo.
How LG Energy Solution’s bold bet paid off with Tesla, Mercedes deals
South Korea’s top battery maker will start producing the batteries at its Korean plant in December this year, with US production set for 2026. The first batch of the batteries…
Thailand’s No. 1 food delivery platform to set up R&D centre in Korea
Line Man Wongnai was established in 2020 through a merger of Line’s food delivery service Line Man and local restaurant review platform Wongnai. The company outpaced its…
Hanwha, HD Hyundai vie for Poland’s $2.7b submarine program
Hanwha Ocean officials explained plans to train submarine crew members and maintenance personnel for the Polish Navy’s stable submarine operation. According to Hanwha, the two…
Apple to increase its investment in China, CEO Tim Cook says
Tim Cook, CEO of Apple Inc, said the company will continue to increase investment in China and contribute to the industrial and supply chains, as he met with China's top industry…
Fashion brands like H&M, Zara face criticism for failure to protect labour rights in Bangladesh
Campaigners, labour rights advocates and trade union representatives have launched an international campaign condemning the inaction of fashion brands and are calling for the 36…
Japanese automakers team up on software development; aim to compete with US, China in SDV market
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co., will standardize the basic platform for an application programming interface, which serves as the link between the…
Streaming giant iQIYI, known as Netflix of Asia, have big plans for the entertainment industry in South-East Asia
The streaming company also said in the past that they will also continue to work with top creators in Malaysia, such as MIG Productions and Infinitus among others, to bring more…