Relentless cycle of price wars eroding profits of Chinese automakers
According to the China Automobile Dealers Association, retail losses from these price battles totaled a jaw-dropping 177.6 billion yuan ($24.7 billion) in the first 11 months of…
Business
New K-beauty order: Trinity shines from shelves to shares
The K-beauty spotlight, now brighter than ever, has shifted from its decades-old trinity of Amorepacific, LG Household & Health Care and Aekyung Industrial to a new trio: APR,…
Japanese automakers try to regain ground lost to Chinese car firms in Thailand with low-priced HVs
In Thailand, Japanese automakers’ share of new vehicle sales used to be more than 90% but may fall below 70% this year.
Foreign hotel brands seen flocking to Philippines
Real estate broker Colliers Philippines last week reported that foreign-branded hotels would likely account for 56 percent of new room supply from 2025 to 2027. This is an…
South Korea’s Samsung, SK hynix brace for fallout from loss of US waiver
According to industry sources and reports, the US Commerce Department removed the two Korean chipmakers from its “validated end-user” list, which had exempted them from…
Hit by US President Trump’s steep tariffs, garment giants in India turn to Nepal
With high US duties on Indian and Bangladeshi exports, brands are exploring Nepal for production, sparking hopes of revival but raising fears of illegal transshipment.
South Korea’s Education tax hike on financial firms: Social duty or tax overreach?
The measure announced earlier this month would raise the levy on financial income — including interest, dividends, fees and trading gains — from 0.5 percent to 1 percent. The…
China’s industrial upgrade pivots to digital tech
There is a pressing need to further deepen reforms related to the market-oriented allocation of data elements, establish and improve basic data systems, cultivate the data…
Korean Air’s new premium class stirs debate on comfort trade-offs
An advocacy group labelled the change as a structural shift that passes more costs onto consumers at the expense of comfort.
How will the ‘Yellow Envelope’ bill reshape Korea’s labour landscape?
Experts say its impact lies not in strengthening unions that already wield influence, but in addressing Korea’s deeply segmented labour market.