Coffee in short supply globally, but Indonesia’s growers fail to gain
Despite its position as a major global coffee exporter, Indonesia also imports significant quantities of beans.
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Seoul City to invest 1.7 trillion won to grow startups
Through the spending package, Seoul aims to foster at least 50 unicorns with its focus on robots, financial technology, biotechnology and artificial intelligence.
Hong Kong mulls ways to promote cross-boundary inno-tech
Chief Executive John Lee said the government is also considering special schemes for research projects that Hong Kong excels in, such artificial intelligence and new materials.
SIA pips Qatar Airways to top Skytrax poll on world’s best airline
It is the fifth time SIA has taken home the gold prize.
Airbus wins record 500-plane order from India’s IndiGo
Efforts by Indian carriers to keep pace with the world’s fastest-growing aviation market have sent industry records tumbling, even though manufacturers are struggling to meet…
Gen Zs demonstrate growing appetite for snacks: Report
The report noted that over 40 per cent of Gen Z consumers in first-tier and second-tier cities spent over 800 yuan a month on snacks and drinks, while about 21 per cent of them…
TikTok to invest ‘billions of dollars’ in S-E Asia to help region’s businesses: CEO Chew Shou Zi
He did not reveal the exact figure or timelines for the investment, but said that part of it will include a US$12.2 million investment over the next three years.
Growth in global oil demand is set to slow significantly by 2028
In particular, the use of oil for transport fuels is set to go into decline after 2026 as the expansion of electric vehicles, the growth of biofuels and improving fuel economy…
Hong Kong trade council cuts export forecast amid global headwinds
The downgrade followed its flagship export index, released on the same day, showing that Hong Kong exporters have regained some business confidence.
K-beauty’s US gambit pays off amid sagging China sales
K-beauty’s brisk growth in the US comes as the increased popularity of K-pop and K-content is driving up the demand for Korean commodities overall.