Foxconn, other firms look to enter Indonesia’s EV market
Foreign investors are now looking at the Indonesian market, given that there is an EV ecosystem involving ride-hailing companies.
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Singapore draws $11.8 billion in fixed asset investments in 2021 despite Covid-19
When fully implemented, the commitments secured in 2021 are expected to create 17,376 jobs in the coming years
South Korea’s GDP growth hits 11-year high in 2021
The latest figure marks the economy’s sharpest expansion since the 6.8 percent growth it posted in 2010.
Cathay predicts lower HK$6b annual loss, HK$1.5b cash burn
Cathay Pacific flew a mere 717,059 passengers in the past year, compared with 4.6 million in 2020 and 35.2 million in 2019.
GDP of Dongguan, ‘world factory’ in China, exceeds 1 trillion yuan
Dongguan has now become the 24th Chinese city whose GDP has surpassed 1 trillion yuan so far.
Tokyo stocks turn modestly higher on US futures rise
Investors gradually renewed buying sentiment, in view of US index futures’ advance in pre-market trading.
Korea’s virtual asset market to reach 1,000 trillion won by 2026: Report
With an average annual growth of 20 percent over the next five years, the virtual asset market will also create 40,000 jobs in the process.
RCEP set to boost recovery, multilateralism: Experts
It is widely expected the pact will provide an all-around boost to regional economic growth and global free trade.
Hong Kong’s future Northern Metropolis looks to be a home for innovators
With state-of-the-art technologies and a self-contained community, the city is being positioned as a global high-tech, financial and logistics hub
China cuts benchmark lending rate to shore up growth
The move came in line with market expectations as the central bank cut interest rates to lower lending costs for businesses.