MAS proposes framework for use of digital money in Singapore
The digital monies covered under the White Paper include central bank digital currencies, tokenised bank deposits and potentially well-regulated stablecoins.
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Tesla’s Elon Musk eyes big India investment
Musk said last month Tesla would probably pick a location for a new factory by the end of this year, adding India was an interesting place for a new plant.
Big 4 chaebol chiefs back Busan’s Expo bid in Paris
The four chiefs of Korea’s top conglomerates, Samsung Electronics, SK Group, Hyundai Motor Group and LG Group, have proactively engaged in meetings and discussions to woo…
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.
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.