Daihatsu to electrify all new vehicles by 2030
The company also said it plans to launch an electric mini-vehicle by 2025.
Corporate Buzz
Polestar debuts in Korea, targets premium EV market
Starting with Polestar 2, Polestar Korea will be introducing at least one premium EV each year until 2024.
SenseTime delays HK IPO, but will resume ‘soon’
The company did not indicate when it would resume the sale of 1.5 billion shares, at a price range of HK$3.85 to HK$3.99 per share.
9 Swedish firms in S’pore to double paid paternity leave to 4 weeks
The #DoubleUp pledge is a step towards gender equality and creating a corporate culture that encourages fathers to be there for their babies.
Boeing to expand aircraft conversion capacity in China
Boeing forecasts that 1,720 freighter conversions will be needed over the next 20 years.
Li Ka-shing-backed WeLab to launch digital bank in Indonesia
Indonesia is one of the largest financially under served markets in Asia.
Alibaba plans units for expansion
In its last quarterly earnings, the company announced its annual active consumers overseas reached 285 million.
Cathay says liquidity healthy, too early to assess Omicron jolt
Cathay expects its second-half financial performance to show considerable improvement from the HK$7.6 billion loss in the first six months of the year.
Grab to list on Nasdaq after Altimeter investors approve Spac merger
The merger is one of the largest special purpose acquisition company (Spac) deals ever, valuing the combined entity at nearly US$40 billion.
Samsung to produce mobile phones in Pakistan
The company aims to manufacture around 3 million handsets every year.