Vistara-Air India merger to see SIA get 25.1 per cent stake for $360m
India's Tata Group will remain the bigger partner in Air India post-merger, with a 74.9 per cent stake.
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RBI announces launch of digital rupee on 1 December
The e-Rupee would be in the form of a digital token that represents legal tender.
Vietnam ready to become a semiconductor manufacturer
Vietnam has also become a centre of the semiconductor industry as Samsung announced its plan to produce semiconductors from July next year with an additional investment of US$920…
More crypto platforms could seek restructuring in Singapore
With Singapore’s openness to new technology and a well-regulated financial sector, a number of crypto-related firms have set up offices here in recent years.
China’s export tax refund and exemption reach 1.64 trillion
At the same time, the tax department also enhanced cracking down on tax fraud on a regular basis.
Indonesians favor e-wallet over cash as GoPay continues its dominance: Survey
For various transactions, 71 per cent of respondents surveyed are in favour of using e-wallet rather than cash (49 per cent) or bank transfer (24 per cent).
South Korea’s chip exports dwindle as dependence on China increases
Market observers say it is important for the country to foster system semiconductors that are seeing increase in demand in the US and Europe.
Poverty plaguing young generation in S. Korea
The economic hardships of young people are becoming increasingly detrimental to society, reflecting in lower fertility rates.
LG taps two female CEOs in unprecedented move
Korea's fourth-largest business group zeroes in on diversity, future planning in year-end reshuffle.
Philippines, Vietnam to lead SE Asia growth in 2023, says Moody’s
Overall, however, the research firm the Asia-Pacific economy was slowing as trade slows and China struggles amid stubborn inflation.