Asian automakers compete for EV market in Southeast Asia
This expansion comes as demand for EVs is expected to rise and countries seek to attract factories, and it could destabilize the dominant position of Japanese car manufacturers in…
Business
Korea to build reciprocal supply chain for chips, batteries in Indo-Pacific
“The launch of the Indo-Pacific Economic Framework is a first step in demonstrating the will of solidarity in a rapidly changing economic environment,” President Yoon said.
Indonesia’s palm oil farmers plan second street protest over export ban
The Indonesian Oil Palm Farmers Association calculated that farmers had lost approximately Rp 11.7 trillion (US$799 million) by the end of April because of the ban.
Biden picks Samsung chip complex to start his Seoul visit
The Pyeongtaek complex is one of the world’s largest semiconductor manufacturing facilities stretching across a 289,000 square-meter site, the equivalent of some 400 soccer…
Cryptocurrency crashes take a mental toll on young investors
From depression to suicidal thoughts, crypto crashes could have serious consequences for youth who have pinned hopes on risky assets.
Recycling glass is no longer commercially viable in the age of plastic
An environment and waste management specialist said the reason plastic is favoured over glass is because it can fetch a better price in terms of reselling and production cost.
Demand for premade dishes surge in China as cities switch to stay-home status
From April 24 to May 15, overall sales of premade dishes in Beijing increased more than 50 percent compared to the same period last month.
US companies still see China as top market: AmCham
About 83 percent of its member companies report they are not considering relocating manufacturing or sourcing outside of China.
Mekong Tourism Forum set for October: Mekong Tourism Coordinating Office
The announcement highlighted Cambodia’s inclusive tourism infrastructure construction projects in the coastal area, the implementation of ASEAN tourism standards, and so forth.
Musk’s Starlink internet taking preorders for Bangladesh
Starlink is a division of SpaceX that aims to provide high-speed, low-latency internet around the world.