Indonesia’s high speed rail Whoosh to have dynamic pricing based on customer demand
Rather than charging a fixed price for all tickets, the firm will set higher prices for peak hours, weekends and holiday seasons.
Business
Mixed feelings as South Korea’s top conglomerates announce hefty or zero bonuses
LG Electronics, pledged to give out hefty bonuses to employees, while Samsung Electronics and SK hynix, hit hard by a chip slump last year, seem to be tightening their belts,…
Geopolitical tensions seen as major risk to Thai economy, experts say
Experts cited the ongoing conflict in Ukraine, the rise of protectionism and the uncertainty surrounding the US-China rivalry as potential threats to Thailand's trade and…
Vietnam’s market expected to continue rec
Liquidity remains low with narrow price fluctuations, indicating that there is some supportive movement in capital flow, but caution and exploration of supply sources still…
Hong Kong court orders China Evergrande to liquidate with debts of $300 billion
The decision sets the stage for what is expected to be drawn-out and complicated process with potential political considerations, given the many authorities involved.
GoTo boss rejects ‘nonsense’ claim of govt meddling in TikTok deal
Some experts have described the deal as highly advantageous for TikTok and have said GoTo’s minority stake could constrain its ability to leverage the e-commerce platform going…
Imported cars rotting in Cagayan freeport
There was no final inventory yet on the number and the estimated value of the vehicles, all of which were right-hand drive, but the luxury vehicles were estimated to be valued…
Will OpenAI, Korean chipmakers team up to take on Nvidia?
Sam Altman, the chief executive officer of OpenAI, visited Seoul to hold a series of meetings with top executives of Samsung Electronics and SK hynix. Altman’s visit comes after…
Indonesian miners brace for prolonged low nickel prices
A slew of announcements by companies worldwide about cutting production and closing mines has yet to prop up the metal’s prices, and analysts do not expect the reduced supply to…
Stabilisation fund talk in China spurs investor sentiment
While policymakers have not yet commented on the widely anticipated buffer fund, the benchmark Shanghai Composite Index closed up 1.8 percent on January 24 to regain its…