Fresh policies aim to nurture China’s new growth engines
The move mirrors the directive to nurture technological innovation to boost the development of new quality productive forces and the establishment of a modern industrial system.
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Private banks in China seek state capital amid economic pressures
The moves come as banks in China grapple not just with the effects of a property crisis that has reverberated through the economy but also with low interest rates – part of the…
China targets Nvidia with antitrust probe, escalates US chip tensions
The move is widely seen as a retaliatory shot against Washington's latest curbs on the Chinese chip sector.
Indian firms eye investment in Indonesia’s pharma sector, ambassador says
In October, then-president Joko “Jokowi” Widodo established a special economic zone (SEZ) for tourism and health in Batam, with India's Apollo Hospitals and local hospital…
Vietnam PM Chinh calls for Chinese engagement in infrastructure development projects
PM Pham Minh Chinh underscored that as a transitional economy, Vietnam is focusing on three strategic breakthroughs, including developing infrastructure, particularly transport…
Concerns grow over Thailand’s nationwide wage hike amid economic uncertainty
Thai agencies issue caution over nationwide 400 baht wage increase, citing concerns about economic impacts and risk to recovery.
Insurance premiums in Malaysia face scrutiny as hike comes amid record profits by private hospitals, insurers
It was earlier reported that medical insurance premiums are expected to rise by between 40% and 70% next year, based on notices sent by insurance providers to policyholders.
Fewer marriages among young Indonesians hurt wedding industry
Last year, the archipelago only saw 1.57 million couples tying the knot, according to Statistics Indonesia (BPS), a fall from over 2 million in 2018.
NVIDIA to build AI research and data centres in VN
The research centre – officially called the Vietnam Research and Development Center (VRDC) – and the AI Data Centre will serve as platforms to help NVIDIA and its local…
Singapore among preferred destinations for billionaires, with 47 in the country
Their combined wealth is at US$155.5 billion.