Plant-based drinks quenching thirst across China as health awareness rises
A report on China's plant-based protein drink sector between 2020 and 2025 said that the annual growth rate of plant-based milk is expected to remain more than 20 per cent.
Business
Global, local players vie for a scoop of China’s ice cream market
The company, Chicecream, said AI technology has been adopted in the naming, selecting flavours, and designing the new product series.
Samsung posts worst quarterly earnings in 14 years
However, the number one memory in South Korea chip maker eyes rebound in Q2, pinning hopes on production cuts to elevate profitability.
Korean chip, car industries unassuaged by summit talks
US President Biden said it is “very much” in the interest of the US for South Korean companies to do well and that his CHIPS Act is a "win-win" policy.
ID government to increase domestic market obligations again for palm oil producers
The new ratio would meaning producers will only be allowed to export four times as much as they sell in the domestic market.
President Yoon nudges Musk for Korea investment
Musk did not immediately reveal any of his plans, but said however Korea is one of the top candidates for investment.
Chips Act win-win for US, South Korea: Biden
It is in America’s “overwhelming interests” to see Korean companies succeed and Korea’s economy grow, Biden added.
Indonesia drops in doing-business ranking as reform lags, election looms
Indonesia ranks far below regional peers like Singapore, which sits at the very top, as well as Malaysia in 26th place, Thailand in 33rd and Vietnam in 45th.
Hong Kong SMEs’ business confidence at highest level since pandemic
Ten of the 11 major industry indices, except for finance and insurance, surged in the second quarter.
Netflix to invest $2.5 billion in Korean content
The $2.5 billion investment plan is double the amount the company has invested in Korea since it first entered the Korean market in 2016.