Toshiba accepts buyout offer from JIP
The equity firm will launch a takeover bid after receiving approval from the relevant authorities and other procedures.
Business
Tencent sees AI ‘multiplier’ amid profit rebound
The Chinese tech leader's net profit, after five successive quarters of declines, rose 19 percent year-on-year to 29.7 billion yuan ($4.32 billion).
Chinese nationals bought nearly half of condo units sold to foreigners in 2022
The Chinese were followed by Russians and US citizens.
Hurun Global Rich List sees drastic changes
The combined wealth of the world's leading billionaires also shrank 10 percent year-on-year to come at $13.7 trillion, the report said.
Stores cash in on Sakura viewing season without Covid restrictions
It is estimated that the market for cherry blossom viewing-related products will generate sales of ¥210 billion this season.
‘Golden year’ for Phuket property as condos and luxury villas sell out
Phuket’s property market has returned to pre-pandemic levels and all finished condos and villas have been sold, mostly to foreign nationals.
HK, Yunnan to boost links between mainland and ASEAN
Three corridors - the China-Vietnam Corridor, the China-Laos Railway and the China-Myanmar Pacific Ocean Corridor, will integrate Yunnan more closely with Indochina, an official…
Ginseng brings success for female-led start-up in Long An
After saving some money, 36-year-old Phan Thi Ngoc Bich was determined to fulfil her childhood dream of starting a business.
Bangladesh now a hub for making winter jackets
Winter jackets are a relatively new export sector as local apparel makers have been diversifying their products in recent years.
Malaysia turns to smart farming to boost food security
The country hopes to ramp up domestic production and reduce import dependency using technologies such as the Internet of Things (IoT) and precision farming.